Cabot Technology Solutions
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Cabot Technology Solutions - overview
Established
2010
Location
Kochi, Kerala, India
Primary Industry
Outsourcing
About
Cabot Technology Solutions is a healthcare digital transformation firm that enhances operational efficiency and patient care through innovative technology solutions and integration services. Cabot Technology Solutions focuses on healthcare digital transformation by providing services that enhance efficiency and patient care. The company is headquartered in Kochi, India. The current CEO is Venkatesh Thyagarajan.
In May 2016, Cabot Technology Solutions raised INR 8. 99 million in venture funding, with individuals participating in the round. The total amount raised by the company to date is INR 8. 99 million, with a current valuation of INR 70.
471 million. Cabot Technology Solutions specializes in providing comprehensive healthcare digital transformation solutions that enhance patient care and operational efficiency. Their core offerings include healthcare integration services, SMART on FHIR applications, and telehealth solutions designed to streamline workflows, enhance clinical decision-making, and facilitate secure data exchange. They cater to healthcare providers, clinicians, and patients, primarily across North America, including the United States and Canada.
In the most recent year, 2023, Cabot Technology Solutions generated revenue of INR 1,331,998. 80, with an EBITDA of INR 150,378. 30. Their revenue model focuses on B2B partnerships and subscriptions, with over 140 clients benefiting from tailored pricing plans based on their specific operational needs.
Cabot Technology Solutions plans to utilize the recent funding of INR 8. 99 million raised in May 2016 to enhance their product offerings and expand their market presence. They are currently designing new products aimed at improving healthcare integration and telehealth services. The company is targeting expansion into additional markets in North America by 2025, leveraging their existing client relationships to facilitate this growth.
Primary Industry
Outsourcing
Sub Industries
Offshore IT Services/IT Outsourcing, Web Development
Website
www.cabotsolutions.com
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Cabot Technology Solutions - timeline of key events
Cabot Technology Solutions - financials
| Fiscal Year Ended | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 8,517,739.8 | 19,958,610.7 | - | 42,096,490 | 45,508,877 | 56,821,907 | 90,491,993 | 108,909,093 | 76,440,090 | 83,151,995 | 75,123,382 | - | - | - |
| % Revenue Growth (YoY) | - | 134.3% | - | - | 8.1% | 24.9% | 59.3% | 20.4% | (29.8%) | 8.8% | (9.7%) | - | - | - |
| EBITDA (USD) | 555,673.4 | 6,597,834.1 | - | 6,843,265.4 | 4,572,999.9 | 13,060,129.3 | 19,414,561 | 15,231,482 | 4,227,671 | 6,294,728 | (1,152,576) | - | - | - |
| Operating Income (USD) | 174,146.7 | 6,122,055.5 | - | 5,291,201.9 | 2,574,852.1 | 10,775,778.8 | 11,927,556 | 12,923,823 | 1,189,265 | 4,341,252 | (2,087,608) | - | - | - |
| Operating Margin | 2.0% | 30.7% | - | 12.6% | 5.7% | 19.0% | 13.2% | 11.9% | 1.6% | 5.2% | (2.8%) | - | - | - |
| % EBITDA Margin | 6.5% | 33.1% | - | 16.3% | 10.0% | 23.0% | 21.5% | 14.0% | 5.5% | 7.6% | (1.5%) | - | - | - |
| NET Income (USD) | 116,513.7 | 4,230,340.5 | 7,189,542.7 | 4,260,360.9 | 1,882,346.1 | 8,670,948.4 | 10,487,626 | 11,263,367 | 7,182,542 | 3,868,518 | (2,596,242) | - | - | - |
| % Net Margin | 1.4% | 21.2% | - | 10.1% | 4.1% | 15.3% | 11.6% | 10.3% | 9.4% | 4.7% | (3.5%) | - | - | - |
Cabot Technology Solutions - employee data
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