Verisma Systems

Pueblo, United States Founded: 2004 • Age: 22 yrs
Patient health record releases are managed for healthcare providers.
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About Verisma Systems

Verisma Systems is a company based in Pueblo (United States) founded in 2004.. Verisma Systems has raised $22.27 million across 4 funding rounds from investors including NewSpring Capital, Blue Heron Capital and Jim Riley. The company has 260 employees as of December 31, 2020. Verisma Systems has completed 1 acquisition, including OLAH Healthcare Technology. Verisma Systems offers products and services including Request App and Verisma Academy. Verisma Systems operates in a competitive market with competitors including Komodo Health, FICO, Stratasan, Apervita and ArborMetrix, among others.

  • Headquarter Pueblo, United States
  • Employees 260 as on 31 Dec, 2020
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Verisma Systems, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $22.27 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.5 M (USD), Series B

    Jan 11, 2017

  • Investors
  • Employee Count
    260

    as on Dec 31, 2020

  • Investments & Acquisitions
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Products & Services of Verisma Systems

Verisma Systems offers a comprehensive portfolio of products and services, including Request App and Verisma Academy. 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.

Primary

Application for automating medical record requests.

Platform providing compliance resources and education.

Funding Insights of Verisma Systems

Verisma Systems has successfully raised a total of $22.27M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $2.5 million completed in January 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series B — $2.5M
  • First Round

    (01 Sep 2004)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2017 Amount Series B - Verisma Systems Valuation

investors

Oct, 2015 Amount Series B - Verisma Systems Valuation NewSpring , Blue Heron Capital
Jun, 2008 Amount Series A - Verisma Systems Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Verisma Systems

Verisma Systems has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include NewSpring Capital, Blue Heron Capital and Jim Riley. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
Founded Year Domain Location
Private equity firm focused on healthcare and tech-enabled companies
Founded Year Domain Location

Jim Riley

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Verisma Systems

Verisma Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include OLAH Healthcare Technology. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Legacy healthcare systems are decommissioned using a specialized platform.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Verisma Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Verisma Systems Comparisons

Employees
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Competitors of Verisma Systems

Verisma Systems 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 Komodo Health, FICO, Stratasan, Apervita and ArborMetrix, 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
domain founded_year HQ Location
Data-driven insights are delivered to healthcare via AI platforms.
domain founded_year HQ Location
Analytics software and tools are provided for business decision-making.
domain founded_year HQ Location
Healthcare market intelligence is delivered through a SaaS platform.
domain founded_year HQ Location
Analytics platform for for reducing readmission, disease risks and improving compliance
domain founded_year HQ Location
Clinical analytics platform to measure and improve outcomes, quality and cost.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Verisma Systems

Frequently Asked Questions about Verisma Systems

When was Verisma Systems founded?

Verisma Systems was founded in 2004.

Where is Verisma Systems located?

Verisma Systems is headquartered in Pueblo, United States. It is registered at Pueblo, Colorado, United States.

Is Verisma Systems a funded company?

Verisma Systems is a funded company, having raised a total of $22.27M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.78M, raised on Sep 01, 2004.

How many employees does Verisma Systems have?

As of Dec 31, 2020, the latest employee count at Verisma Systems is 260.

What does Verisma Systems do?

Verisma Systems was founded in 2004 and is headquartered in Pueblo, United States. Cloud-based solutions for release of information are provided to healthcare organizations, enabling automation of workflows related to patient medical records. Turnaround times are improved and errors reduced through these tools. The Verisma360 dashboard is utilized for analytics on production, compliance, turnaround times, and financial performance in the health information technology sector.

Who are the top competitors of Verisma Systems?

Verisma Systems's top competitors include Komodo Health, FICO and Apervita.

What products or services does Verisma Systems offer?

Verisma Systems offers Request App and Verisma Academy.

How many acquisitions has Verisma Systems made?

Verisma Systems has made 1 acquisition, including OLAH Healthcare Technology.

Who are Verisma Systems's investors?

Verisma Systems has 3 investors. Key investors include NewSpring Capital, Blue Heron Capital, and Jim Riley.

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