GTESS Overview

  • Year Founded
  • 1990

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

GTESS General Information

Description

Provider of business process outsourcing services for the healthcare administrative services market. The company offers claims processing-related solutions that edit and clean claims by automating specific, time and cost-intensive processes, enabling managed care organizations and benefits administrators to reduce costs and improve the quality of their operations.

Contact Information

Website
www.gtess.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 2435 North Central Expressway
  • Suite 500
  • Richardson, TX 75080
  • United States
+1 (972)
Primary Industry
Automation/Workflow Software
Other Industries
Other Healthcare Services
Acquirer
BancTec
Vertical(s)
SaaS, TMT
Corporate Office
  • 2435 North Central Expressway
  • Suite 500
  • Richardson, TX 75080
  • United States
+1 (972)

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GTESS Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 19-Jun-2012 Completed Generating Revenue
3. Later Stage VC (Series B) 02-May-2005 Completed Generating Revenue
2. Later Stage VC (Series A) 31-Dec-2003 $10.2M $10.2M Completed Product Development
1. Seed Round 01-Jan-2001 Completed Startup
To view GTESS’s complete valuation and funding history, request access »

GTESS Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

GTESS Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20070067278-A1 Data file correlation system and method Inactive 22-Sep-2005

GTESS Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
General Catalyst Venture Capital Minority
HLM Investment Partners Growth/Expansion Minority
Kodiak Venture Partners Venture Capital Minority
SnowMark Corporation Venture Capital Minority
To view GTESS’s complete investors history, request access »

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GTESS FAQs

  • When was GTESS founded?

    GTESS was founded in 1990.

  • Where is GTESS headquartered?

    GTESS is headquartered in Richardson, TX.

  • What industry is GTESS in?

    GTESS’s primary industry is Automation/Workflow Software.

  • Is GTESS a private or public company?

    GTESS is a Private company.

  • What is GTESS’s current revenue?

    The current revenue for GTESS is .

  • How much funding has GTESS raised over time?

    GTESS has raised $22.2M.

  • Who are GTESS’s investors?

    General Catalyst, HLM Investment Partners, Kodiak Venture Partners, and SnowMark Corporation have invested in GTESS.

  • When was GTESS acquired?

    GTESS was acquired on 19-Jun-2012.

  • Who acquired GTESS?

    GTESS was acquired by BancTec.

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