Accreon, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Accreon, Inc. - overview

Location

Boston, MA, US

Primary Industry

Healthcare IT

About

Accreon, Inc. is a technology solutions provider dedicated to the healthcare sector, offering software development, system integration, and consultancy services aimed at enhancing operational efficiency and patient care. Accreon, Inc. delivers tailored technology solutions primarily for healthcare.


Founded in Boston, US, the company has undergone strategic developments to enhance service offerings. The firm has raised a total of USD 5. 50 mn across several funding rounds, with the latest being a GROWTH round of USD 5. 50 mn led by Mansa Capital on May 3, 2022.


Accreon is not a subsidiary of any parent company. Accreon specializes in tailored technology solutions and professional services for the healthcare sector. Their offerings include advanced software development, system integration, and consultancy services that focus on improving operational efficiencies and patient care. The company's flagship products enhance healthcare delivery by integrating electronic health records (EHR) systems and facilitating analytics while ensuring compliance with industry regulations.


Accreon serves a diverse clientele, including hospitals, healthcare organizations, and government entities across North America, particularly in Canada and the United States. Accreon’s revenue model is primarily based on B2B transactions with healthcare organizations through tailored service contracts and project-based engagements. They operate on a fee-for-service model, charging clients for the development and implementation of software solutions, as well as for maintenance and support services. Multi-year contracts with healthcare systems facilitate scalable solutions and continuous service improvement, with pricing based on project complexity and scope.


Additionally, Accreon may explore subscription models for certain software tools to provide clients with ongoing updates and features. Accreon is focused on future growth through the development of new products aimed at enhancing healthcare technology. Following its acquisition by Quantiphi, Inc. on May 3, 2022, the company will leverage this partnership to modernize infrastructure and build collaborative models across providers and payers.


This acquisition is expected to expand Quantiphi’s capabilities in improving user engagement and automating workflows while increasing its market reach. Accreon plans to utilize its resources to enhance addressable markets by integrating its assets into Quantiphi's operations, facilitating a broader geographic expansion and improved healthcare data utilization.


Current Investors

Mansa Capital

Primary Industry

Healthcare IT

Sub Industries

Data Centers, Healthcare IT, IT Infrastructure

Website

www.accreon.com

Verticals

Big Data, Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Accreon, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedAccreon, Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.