ikaSystems Overview

  • Founded
  • 1999
  • Status
  • Acquired/​Merged
  • Employees
  • 258
  • Latest Deal Type
  • M&A

ikaSystems General Information


Provider of cloud-based software for business automation and process services 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.

Contact Information

Ownership Status
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Enterprise Systems (Healthcare)
Other Industries
Automation/Workflow Software
Other Software
Parent Company
Blue Cross Blue Shield of Michigan
Primary Office
  • 134 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
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

HQ Location
Total Raised
Post Valuation
Last Financing Details
Provider of cloud-based software for business automation and process services for the healthcare market. The company pro
Enterprise Systems (Healthcare)
Southborough, MA
258 As of 2015
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0000000000 0000000 (0000000000)
Melville, NY


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0000000000 0000000 (0000000000)
Columbus, OH
00 As of 0000
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ikaSystems Competitors (14)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Health Solutions Plus Corporate Backed or Acquired Melville, NY 000000&0
0000 Venture Capital-Backed Columbus, OH 00 000.00 000000 - 000 000.00
0000 000 Corporation Orem, UT
000000 Formerly VC-backed Tampa, FL 000 000.00 000000&0 000.00
000000000 00000000 Corporation
You’re viewing 5 of 14 competitors. Get the full list »

ikaSystems Executive Team (16)

Name Title Board Seat Contact Info
Alisha Bloom General Counsel & Chief Compliance Officer
Dave Lucey Senior Vice President, Client Services
Aruna Wickremeratne Senior Vice President, Operations
Philip Spinelli Senior Vice President, Sales
Patricia Chisholm Vice President, Human Resources
You’re viewing 5 of 16 executive team members. Get the full list »

ikaSystems Board Members (12)

Name Representing Role Since
Leslie Norwalk JD Self Board Member 000 0000
Marc Russo Self Board Member 000 0000
You’re viewing 2 of 12 board members. Get the full list »

ikaSystems Signals

Growth Rate

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

Size Multiple

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

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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ikaSystems Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
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 Capital Associates Venture Capital Minority 000 0000 000000 0
To view ikaSystems’s complete investors history, request access »