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

Website
www.ikasystems.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 257 Turnpike Road
  • Southborough, MA 01772
  • United States
+1 (508)
Primary Industry
Other Healthcare Technology Systems
Other Industries
Other Healthcare Services
Acquirer
Blue Cross Blue Shield of Michigan
Vertical(s)
SaaS, InsurTech, HealthTech
Corporate Office
  • 257 Turnpike Road
  • Southborough, MA 01772
  • United States
+1 (508)

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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
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
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
Other Healthcare Technology Systems
Southborough, MA
258 As of 2015

New York, NY
 

Walnut Creek, CA
 
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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
You’re viewing 5 of 33 competitors. Get the full list »

ikaSystems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
To view ikaSystems’s complete investors history, request access »

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