About XSOLIS
XSOLIS is a Healthcare company based in Nashville (United States) founded in 2013. AI-based platform for physicians and payers to analyze denial management. It operates in the Healthcare and Technology sectors. XSOLIS has raised $75 million across 2 funding rounds from investors including Brighton Park Capital. The company has 166 employees. XSOLIS has completed 1 acquisition, including MEDarchon. Its chief executive, as recorded, is Joan Butters. XSOLIS offers products and services including Dragonfly Platform, Physician Advisor Services, and Denial Services. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include Infinx, AKASA and Plusgrade; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Nashville, United States
- Employees 166
- SectorsHealthcareTechnology
- Phone•••• ••••
- Website xsolis.com
- Social LinkedIn X Facebook
- Total Equity Funding$75M (USD)
in 2 rounds
- Latest Funding Round$75M (USD), Series C
Jun 2021
- Investors
- Employee Count166
- Investments & Acquisitions
Products & Services of XSOLIS
XSOLIS offers a comprehensive portfolio of products and services, including Dragonfly Platform, Physician Advisor Services, and Denial Services.
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.
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 $75M
- Total Rounds 2
- Last Round Series C — $75M
- First Round $4M
(Sep 2018)
- Investors Count 1
All 2 funding rounds of XSOLIS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $75M | Series C | – | Brighton Park Capital | – |
| Sep 2018 | $4M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in XSOLIS
XSOLIS has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Brighton Park Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Brighton Park Capital is focused on growth equity investments. | bpc.com | Greenwich, United States |
Investor details for XSOLIS
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People of XSOLIS
97 people are tracked at XSOLIS (48 in leadership, 49 in team); the tracked headcount is 166.
| Name | Role | Group |
|---|---|---|
Joan Butters | CEO | Leadership |
Zach Evans | Chief Technology Officer | Leadership |
Brent Teveit | Chief Data Science Officer | Leadership |
Heather Bassett | Chief Medical Officer | Leadership |
Hope Giannetto | Enterprise Sales Director, Provider | Leadership |
Bethany Barnes | Director, Client Operations Management | Leadership |
Doug Knolles | Regional Sales Director | Leadership |
Emily Blessing | Director Of Project Management, Client Delivery | Leadership |
Shelia Foster | Director Of Program Management | Leadership |
Mallika Edwards | Chief Product Officer | Leadership |
Jamie Anderson | Enterprise Sales Director, Provider | Leadership |
Tim Kostner | Chief Revenue Officer | Leadership |
Makeyta L. | Value Realization Partner III | Leadership |
Chris Bayham | Chief Operations Officer | Leadership |
Rachel Vincion | Chief Finance Officer | Leadership |
Heather Clark | Sr. Director Of Revenue Operations | Leadership |
Ian Vickers | Regional Sales Director | Leadership |
Manisha Sharma | Sr. Director AI Product Management | Leadership |
Carlos Torres | Director Of Software Engineering | Leadership |
Courtney C. | Director Of Engineering Operations | Leadership |
77 more people are available in the full profile.
Complete people profiles for XSOLIS
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- Full employee list
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Investments & Acquisitions by XSOLIS
XSOLIS has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MEDarchon.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Mobile-based care coordination system for hospitals and clinics along with analytics to predict patients at risk. | medarchon.com | Nashville, United States | 2012 | Nov 2019 | •••• |
Complete acquisition details for XSOLIS
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Timeline of XSOLIS
4 dated milestones of XSOLIS across 8 years, from founding to its latest funding, stage changes and deals.
- Founded XSOLIS is founded.
- Funding First funding round of $4.0M.
- Acquisition Acquires MEDarchon.
- Funding Latest funding round, Series C, of $75.0M.
Competitors of XSOLIS
XSOLIS has 3 listed competitors in our database, 2 of them funded. They include Infinx, AKASA and Plusgrade.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| infinx.com | 2010 | San Francisco, United States | 6,350 | Revenue cycle management platform for healthcare is provided. | ||
| akasa.com | 2018 | San Francisco, United States | $80M | 46 | Revenue cycle automation platforms are provided for healthcare reimbursement. | |
| plusgrade.com | 2009 | New York, United States | $150.67M | SaaS revenue management solutions are offered to airlines for optimization. |
Detailed competitors of XSOLIS
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- Full competitor set
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Web traffic of XSOLIS
The website of XSOLIS (xsolis.com) receives about 8.9K visits a month.
- Monthly visits8.9K
▼ 5.9% vs previous month
Websites whose visitors overlap most with XSOLIS. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ehidc.org | ehidc.org | 100% | #5,073,473 | – | |
| auxein.com | 84% | 13.4K | #1,870,288 | View details | |
| keragon.com | 84% | 46.1K | #683,508 | View details | |
| foreseemed.com | 84% | 39K | #873,558 | View details | |
| openloophealth.com | 84% | 108.8K | #269,312 | View details |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as XSOLIS (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Xsolis
Complete news archive for XSOLIS
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Frequently Asked Questions about XSOLIS
XSOLIS was founded in 2013 and raised its 1st funding round 5 years after it was founded.
XSOLIS is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
Joan Butters is the CEO of XSOLIS, as recorded in our data.
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 2018.
XSOLIS has 166 employees.
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.
XSOLIS offers Dragonfly Platform, Physician Advisor Services, and Denial Services.
XSOLIS has made 1 acquisition, including MEDarchon.
XSOLIS has 1 investor. Key investors include Brighton Park Capital.