About XSOLIS
XSOLIS is a company based in Nashville (United States) founded in 2013.. XSOLIS has raised $75 million across 2 funding rounds from investors including Brighton Park Capital. The company has 166 employees as of December 31, 2022. XSOLIS has completed 1 acquisition, including MEDarchon. XSOLIS offers products and services including Dragonfly Platform, Physician Advisor Services, and Denial Services. XSOLIS operates in a competitive market with competitors including Infinx, AKASA, Plusgrade, R1 RCM and RateGain, among others.
- Headquarter Nashville, United States
- Employees 166 as on 31 Dec, 2022
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Sectors
HealthcareTechnology
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$75 M (USD)
in 2 rounds
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Latest Funding Round
$75 M (USD), Series C
Jun 28, 2021
- Investors
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Employee Count
166
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of XSOLIS
XSOLIS offers a comprehensive portfolio of products and services, including Dragonfly Platform, Physician Advisor Services, and Denial Services. 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.
Provides real-time analytics for patient care and utilization review.
Supplements staff with AI-driven clinical advice and coverage.
Manages appeals and documentation for revenue optimization.
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Sales and Marketing
14 people
Software Development Team
13 people
Leadership Team
12 people
Data Analysis and Operations Team
10 people
Operations Team
8 people
Senior Team
7 people
Product Management Team
7 people
Business Team
5 people
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Funding Insights of XSOLIS
XSOLIS has successfully raised a total of $75M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $75 million completed in June 2021. 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 Funding
- Total Rounds 2
- Last Round Series C — $75.0M
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First Round
First Round
(06 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Series C - XSOLIS | Valuation | Brighton Park Capital |
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| Sep, 2018 | Amount | Debt – Conventional - XSOLIS | Valuation |
investors |
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| 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 XSOLIS
XSOLIS has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Brighton Park Capital. 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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Brighton Park Capital is focused on growth equity investments.
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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 XSOLIS
XSOLIS has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MEDarchon. 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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Mobile-based care coordination system for hospitals and clinics along with analytics to predict patients at risk.
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2012 |
| 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 - XSOLIS
| 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 |
Xsolis Comparisons
Competitors of XSOLIS
XSOLIS 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 Infinx, AKASA, Plusgrade, R1 RCM and RateGain, 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 |
Revenue cycle management platform for healthcare is provided.
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| domain | founded_year | HQ Location |
Revenue cycle automation platforms are provided for healthcare reimbursement.
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| domain | founded_year | HQ Location |
SaaS revenue management solutions are offered to airlines for optimization.
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| domain | founded_year | HQ Location |
End-to-end revenue cycle management is provided for healthcare organizations.
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| domain | founded_year | HQ Location |
SaaS solutions for hospitality revenue and operations management are delivered.
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| domain | founded_year | HQ Location |
AI-enabled inventory optimization and e-commerce solutions for airlines are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Xsolis
Frequently Asked Questions about XSOLIS
When was XSOLIS founded?
XSOLIS was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is XSOLIS located?
XSOLIS is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
Who is the current CEO of XSOLIS?
Joan Butters is the current CEO of XSOLIS.
Is XSOLIS a funded company?
XSOLIS is a funded company, having raised a total of $75M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $4M, raised on Sep 06, 2018.
How many employees does XSOLIS have?
As of Dec 31, 2022, the latest employee count at XSOLIS is 166.
What does XSOLIS do?
XSOLIS was founded in 2013 and is headquartered in Nashville, United States. An AI-based platform is offered to physicians and payers in the healthcare sector for managing claim denials. Operations focus on analyzing potential denials during claims processing to support efficient resolution. Services include tools for identifying and addressing denial risks across payer interactions.
What products or services does XSOLIS offer?
XSOLIS offers Dragonfly Platform, Physician Advisor Services, and Denial Services.
How many acquisitions has XSOLIS made?
XSOLIS has made 1 acquisition, including MEDarchon.
Who are XSOLIS's investors?
XSOLIS has 1 investor. Key investors include Brighton Park Capital.
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