Reveleer Revolutionizes Healthcare Data Management with $65M Funding
February 27, 2024, 10:19 am
Location: United States, Arizona, Glendale
Employees: 51-200
Founded date: 2009
Total raised: $130M
Reveleer, a healthcare data and analytics company, secures $65 million in funding to enhance its AI-enabled platform for payers and providers. The company aims to advance value-based care through innovative technology solutions.
Reveleer's platform offers AI-enabled workflow, data, and analytics services focused on risk adjustment, quality improvement, and member management. With the recent funding from Hercules Capital, the Glendale-based company plans to scale its offerings and pursue growth opportunities in the value-based care sector.
CEO Jay Ackerman expresses excitement about the funding, highlighting the potential to accelerate innovation and improve patient care through healthcare AI technology. Reveleer's strategic acquisitions, including MDPortals and Dynamic Healthcare Systems, have strengthened its position in the market and expanded its capabilities in managing patient data across the care continuum.
The ongoing shift to value-based care is driving the demand for tech solutions like Reveleer's platform, which leverages machine learning to streamline processes such as medical record review, provider outreach, and data analysis. With a revenue target of over $50 million for 2024, Reveleer aims to double its revenue and pursue one to two acquisitions this year to further enhance its offerings.
Despite the rapid growth and expansion, Reveleer remains committed to its vision of providing interconnected solutions for healthcare data management. The company's holistic approach, combining organic growth with strategic acquisitions, sets it apart in the industry and positions it as a leader in healthcare data analytics.
As Reveleer continues to innovate and expand its platform, the company's focus remains on driving positive outcomes in patient care and advancing value-based care initiatives. With a seasoned team and a clear strategy in place, Reveleer is poised for success in the evolving healthcare landscape, with no plans for an exit strategy in the near future.
Reveleer's platform offers AI-enabled workflow, data, and analytics services focused on risk adjustment, quality improvement, and member management. With the recent funding from Hercules Capital, the Glendale-based company plans to scale its offerings and pursue growth opportunities in the value-based care sector.
CEO Jay Ackerman expresses excitement about the funding, highlighting the potential to accelerate innovation and improve patient care through healthcare AI technology. Reveleer's strategic acquisitions, including MDPortals and Dynamic Healthcare Systems, have strengthened its position in the market and expanded its capabilities in managing patient data across the care continuum.
The ongoing shift to value-based care is driving the demand for tech solutions like Reveleer's platform, which leverages machine learning to streamline processes such as medical record review, provider outreach, and data analysis. With a revenue target of over $50 million for 2024, Reveleer aims to double its revenue and pursue one to two acquisitions this year to further enhance its offerings.
Despite the rapid growth and expansion, Reveleer remains committed to its vision of providing interconnected solutions for healthcare data management. The company's holistic approach, combining organic growth with strategic acquisitions, sets it apart in the industry and positions it as a leader in healthcare data analytics.
As Reveleer continues to innovate and expand its platform, the company's focus remains on driving positive outcomes in patient care and advancing value-based care initiatives. With a seasoned team and a clear strategy in place, Reveleer is poised for success in the evolving healthcare landscape, with no plans for an exit strategy in the near future.