ikaSystems Overview
- Year Founded
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1999

- Status
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Acquired/Merged
- Employees
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258

- Latest Deal Type
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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
Website
www.ikasystems.comCorporate Office
- 257 Turnpike Road
- Southborough, MA 01772
- United States
Corporate Office
- 257 Turnpike Road
- Southborough, MA 01772
- United States
ikaSystems Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Merger/Acquisition | 25-Nov-2015 | Completed | Profitable | |||
5. Later Stage VC | 10-Jan-2014 | Completed | Profitable | |||
4. Later Stage VC (Series C) | 17-Dec-2012 | Completed | Profitable | |||
3. Later Stage VC (Series B1) | 16-Dec-2011 | Completed | Profitable | |||
2. Later Stage VC | 19-Jan-2010 | $120M | $125M | Completed | Profitable | |
1. Later Stage VC (Series A) | 18-May-2007 | $5M | $5M | Completed | Profitable |
ikaSystems Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A |
ikaSystems Comparisons
Industry
Financing
Details
ikaSystems Competitors (33)
One of ikaSystems’s 33 competitors is CureMD, a Accelerator/Incubator Backed company based in New York, NY.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
CureMD | Accelerator/Incubator Backed | New York, NY | ||||
HealthCare Information Management | Private Equity-Backed | Walnut Creek, CA | ||||
R1 RCM | Private Equity-Backed | Murray, UT | ||||
Health Catalyst | Formerly VC-backed | South Jordan, UT | ||||
MEDecision | Formerly VC-backed | Dallas, TX |
ikaSystems Signals
ikaSystems Former Investors (5)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Baleon Capital | Growth/Expansion | Minority | ||
EW Healthcare Partners | Growth/Expansion | Minority | ||
Enhanced Capital Partners | Asset Manager | Minority | ||
Providence Equity Partners | PE/Buyout | Minority | ||
Sopris Venture Capital | PE/Buyout | Minority |
ikaSystems FAQs
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When was ikaSystems founded?
ikaSystems was founded in 1999.
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Where is ikaSystems headquartered?
ikaSystems is headquartered in Southborough, MA.
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What is the size of ikaSystems?
ikaSystems has 258 total employees.
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What industry is ikaSystems in?
ikaSystems’s primary industry is Other Healthcare Technology Systems.
-
Is ikaSystems a private or public company?
ikaSystems is a Private company.
-
What is ikaSystems’s current revenue?
The current revenue for ikaSystems is
. -
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?
CureMD, HealthCare Information Management, R1 RCM, Health Catalyst, and MEDecision are some of the 33 competitors of ikaSystems.
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When was ikaSystems acquired?
ikaSystems was acquired on 25-Nov-2015.
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Who acquired ikaSystems?
ikaSystems was acquired by Blue Cross Blue Shield of Michigan.
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