About Truven Health
Truven Health is a company based in Ann Arbor (United States) founded in 2012 was acquired by IBM in April 2016.. Truven Health has completed 3 acquisitions, including Heartbeat Experts, Jwa Consulting and Simpler Consulting. Truven Health offers products and services including Micromedex, Zelta, Merge, and Truven. Truven Health operates in a competitive market with competitors including Aledade, ACTO, Lumeris, IMS Health and Arcadia, among others.
- Headquarter Ann Arbor, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Truven Health Analytics India Private Limited
- Date of Incorporation 18 Sep, 2012
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$179.5 K (USD)0as on Mar 31, 2019
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Net Profit
$914.05 K (USD)-44.57as on Mar 31, 2019
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EBITDA
$-61.12 K (USD)0as on Mar 31, 2019
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Latest Funding Round
$1.35 M (USD), Grant
Mar 16, 2015
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Investors
IBM
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Heartbeat Experts
& 2 more
- Acquired by
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Products & Services of Truven Health
Truven Health offers a comprehensive portfolio of products and services, including Micromedex, Zelta, Merge, and Truven. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for providing rapid insights to clinicians at point of care.
Platform for unified data acquisition in clinical trials.
Solutions for enterprise imaging and workflow orchestration.
Analytics tools for health insights and cost reduction.
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Software Development Team
52 people
Leadership Team
19 people
Sales and Marketing
19 people
Product Management Team
12 people
Human Resources and Administration
6 people
Operations Team
5 people
Devops Team
5 people
Finance and Accounting
4 people
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Funding Insights of Truven Health
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $1.4M
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First Round
First Round
(27 May 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Grant - Truven Health | Valuation |
investors |
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| Jun, 2012 | Amount | Seed - Truven Health | Valuation |
investors |
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| Oct, 2008 | Amount | Grant - Truven Health | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Truven Health
Truven Health has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include IBM, HHS and Conrad N Hilton Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward US companies.
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Founded Year | Domain | Location | |
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Philanthropic organization funding initiatives for disadvantaged individuals in education and development.
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Truven Health
Truven Health has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Heartbeat Experts, Jwa Consulting and Simpler Consulting. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Diversified business management consulting services are provided to various clients.
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2022 | ||||
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Cardiac monitoring and expertise services are provided by Heartbeat Experts.
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1998 | ||||
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Provider of HR management, supply chain and project advisory services
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Truven Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Truven Health Comparisons
Competitors of Truven Health
Truven Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aledade, ACTO, Lumeris, IMS Health and Arcadia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Primary care physician platform for patient care delivery is provided.
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| domain | founded_year | HQ Location |
AI and SaaS-based educational platform for life sciences is provided.
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| domain | founded_year | HQ Location |
Lumeris offers population management and accountable care solutions
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| domain | founded_year | HQ Location |
SaaS and AI-based market intelligence is provided for healthcare companies.
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| domain | founded_year | HQ Location |
AI-based healthcare data analytics platform is provided for organizations.
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| domain | founded_year | HQ Location |
Provides payer/provider, biopharma and medical device customers with a platform to allow them to gain insights into the clinical and financial status of a population
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Truven Health
Frequently Asked Questions about Truven Health
When was Truven Health founded?
Truven Health was founded in 2012.
Where is Truven Health located?
Truven Health is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.
What is the annual revenue of Truven Health?
Annual revenue of Truven Health is $179.5K as on Mar 31, 2019.
What does Truven Health do?
Truven Health Analytics provides healthcare data integration and analytics solutions and services. It offers population health and cost analysis, performance management, payment integrity and compliance, patient care, market analysis, claims management, and research solutions. It serves various customers, including state and federal government agencies, hospitals, health systems, employers, health plans, and life sciences companies and consumers. The company was formerly the Healthcare Business of Thompson Reuters (started in 1985) and was acquired in 2012 by Veritas Capital for 1.25 Billion. In February 2016, IBM announced plans to acquire Truven Health Analytics for 2.6B, to support its Watson Health unit. It offers Business Intelligence, Partner Management and marketing solution for Life Sciences.
Who are the top competitors of Truven Health?
What products or services does Truven Health offer?
Truven Health offers Micromedex, Zelta, Merge, and Truven.
How many acquisitions has Truven Health made?
Truven Health has made 3 acquisitions, including Heartbeat Experts, Jwa Consulting, and Simpler Consulting.
Who are Truven Health's investors?
Truven Health has 4 investors. Key investors include IBM, HHS, Conrad N Hilton Foundation, and InvestMichigan!.
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