ikaSystems Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 258

Employees

  • Latest Deal Type
  • M&A

ikaSystems General Information

Description

Developer of a cloud-based software designed for business automation and process for the healthcare market. The company provides an enterprise-level platform to support healthcare payers' commercial and Medicare requirements through the automation of sales, marketing, regulatory compliance, claims administration, and customer service procedures, enabling clients to improve business efficiency.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Enterprise Systems (Healthcare)
Other Industries
Other Healthcare Technology Systems
Automation/Workflow Software
Business/Productivity Software
Corporate Office
  • 257 Turnpike Road
  • Southborough, MA 01772
  • United States
+1 (508) 000-0000

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ikaSystems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 25-Nov-2015 00000 Completed Profitable
5. Later Stage VC 10-Jan-2014 0000 00000 Completed Profitable
4. Later Stage VC (Series C) 17-Dec-2012 0000 00000 Completed Profitable
3. Later Stage VC (Series B1) 16-Dec-2011 0000 00000 Completed Profitable
2. Later Stage VC 19-Jan-2010 $120M $125M Completed Profitable
1. Later Stage VC (Series A) 18-May-2007 $5M $5M 000.00 Completed Profitable
To view ikaSystems’s complete valuation and funding history, request access »

ikaSystems Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A 0,000,000 00.000000 00.00 000.00 000.00 00 000.00 00.000
To view ikaSystems’s complete cap table history, request access »

ikaSystems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-based software designed for business automation and process for the healthcare market. The company
Enterprise Systems (Healthcare)
Southborough, MA
258 As of 2015
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0000000000 0000000 (
Tampa, FL
0000 As of 0000
00000
000000000 00 00000

000 00

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00000000000000000000
Edinburgh, United Kingdom
000 As of 0000
00000
00000 0000-00-00
000000000 00000
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ikaSystems Competitors (28)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Greenway Health Private Equity-Backed Tampa, FL 0000 00000 000000000 00 00000
The Craneware Group Formerly PE-Backed Edinburgh, United Kingdom 000 00000 000000000 00000
Inovalon Holdings Private Equity-Backed Bowie, MD 0000 00000 000000000 00000
eClinicalWorks Corporation Westborough, MA 0000
Tebra Technologies Private Equity-Backed Newport Beach, CA 0000 00000 00000000000 00000
You’re viewing 5 of 28 competitors. Get the full list »

ikaSystems Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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ikaSystems Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Baleon Capital Venture Capital Minority 000 0000 000000 0
EW Healthcare Partners Growth/Expansion Minority 000 0000 000000 0
Enhanced Capital Partners Asset Manager Minority 000 0000 000000 0
Providence Equity Partners PE/Buyout Minority 000 0000 000000 0
Sopris Venture Capital Venture Capital Minority 000 0000 000000 0
To view ikaSystems’s complete investors history, request access »

ikaSystems FAQs

  • When was ikaSystems founded?

    ikaSystems was founded in 1999.

  • Who is the founder of ikaSystems?

    Ravi Ika is the founder of ikaSystems.

  • Where is ikaSystems headquartered?

    ikaSystems is headquartered in Southborough, MA.

  • What is the size of ikaSystems?

    ikaSystems has 258 total employees.

  • What industry is ikaSystems in?

    ikaSystems’s primary industry is Enterprise Systems (Healthcare).

  • Is ikaSystems a private or public company?

    ikaSystems is a Private company.

  • What is ikaSystems’s current revenue?

    The current revenue for ikaSystems is 000000.

  • How much funding has ikaSystems raised over time?

    ikaSystems has raised $188M.

  • Who are ikaSystems’s investors?

    Baleon Capital, EW Healthcare Partners, Enhanced Capital Partners, Providence Equity Partners, and Sopris Venture Capital have invested in ikaSystems.

  • Who are ikaSystems’s competitors?

    Greenway Health, The Craneware Group, Inovalon Holdings, eClinicalWorks, and Tebra Technologies are some of the 28 competitors of ikaSystems.

  • When was ikaSystems acquired?

    ikaSystems was acquired on 25-Nov-2015.

  • Who acquired ikaSystems?

    ikaSystems was acquired by Blue Cross Blue Shield of Michigan.

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