PNT Data Corp.
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PNT Data Corp. - overview
Established
2002
Location
Middletown, RI, US
Primary Industry
Information Services
About
PNT Data Corp. is dedicated to providing managed services that ensure secure healthcare data sharing. Their focus is on effectively mitigating risks associated with PHI and PII exposure in the healthcare industry. Founded in 2002 in Middletown, US, PNT Data Corp.
specializes in secure data solutions for healthcare organizations. The company has undergone strategic pivots to enhance its service offerings, with a notable focus on the Post-n-Track Gen 3 platform. Allen DeGraw, the founder, has a history of leadership in health data management. PNT Data Corp.
successfully raised USD 3. 35 mn in its latest GROWTH round in 2015, with total capital raised also amounting to USD 3. 35 mn, facilitated by Longmeadow Capital Partners. The firm has completed 2 notable deals since its inception, with the most recent deal occurring on 1 June 2015.
PNT Data Corp. specializes in managed services for secure healthcare data sharing, focusing on eliminating PHI and PII exposure. Their flagship product, Post-n-Track Gen 3, facilitates the secure sharing of HIPAA-regulated data across various formats, addressing the complex needs of over 2,000 healthcare organizations. The company serves hospitals, healthcare providers, and other entities managing sensitive patient information in the US and Canada, ensuring smooth data flow with minimal service disruptions.
PNT Data Corp. generates revenue through a subscription-based model, granting healthcare organizations access to their data sharing services, including the advanced Post-n-Track Gen 3 system. Revenue transactions occur via ongoing partnerships, including direct contracts with healthcare entities and collaborations with technology partners, promoting consistent revenue streams tailored to the varying needs of clients in this sector. PNT Data Corp.
is focused on expanding its offerings with new product developments aimed at enhancing secure data sharing capabilities. Plans to penetrate additional markets include targeting European healthcare sectors by 2025. The recent funding will primarily support advancements in technology development and market expansion efforts, reflecting the company's ongoing commitment to optimizing data sharing solutions. In 2015, Longmeadow Capital Partners exited their investment in Post-n-Track, Inc.
, with company shareholders redeeming the stake.
Primary Industry
Information Services
Sub Industries
Information Services
Website
www.pntdata.com
Total Amount Raised
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PNT Data Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | PNT Data Corp. | - | ||||||||
| Growth | Completed | PNT Data Corp. | - |
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PNT Data Corp. - employee data
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