Valence Enterprises, Inc.

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Valence Enterprises, Inc. - overview

Established

2019

Location

Santa Monica, CA, US

Primary Industry

Internet

About

Valence Enterprises, Inc. is a technology company that specializes in providing innovative solutions for the healthcare sector, primarily through cloud-based platforms designed to improve patient management and clinical data analytics. Founded in 2019 and based in Santa Monica, California, Valence Enterprises, Inc. delivers technology solutions tailored for healthcare providers.


The company has engaged in 3 deals, with its most recent funding round being a Series A in June 2022, where it raised USD 5. 25 mn led by Granite Asia. The company was previously acquired by Greenwood, Inc. from various venture capital firms, enabling further growth opportunities in the healthcare market.


The founders include Emily Slade, Kobie Fuller, and La Walker, with Guy Primus serving as CEO. Valence Enterprises specializes in delivering innovative technology solutions tailored for the healthcare sector, focusing primarily on cloud-based platforms that enhance patient management and clinical data analytics. Their flagship product is a comprehensive electronic health record (EHR) system, released in 2020, designed to streamline workflows for healthcare providers and facilitate efficient patient documentation, scheduling, and data sharing. This platform is utilized by hospitals, outpatient clinics, and private practices, enabling medical professionals to improve patient care through enhanced data accessibility and real-time analytics, particularly in key markets including North America and select regions in Europe.


Valence Enterprises operates on a subscription-based revenue model, where healthcare facilities pay an annual or monthly fee for access to the EHR platform and its associated services. This model allows for both B2B transactions with larger hospitals and direct relationships with smaller practices, offering flexible pricing tiers. Larger healthcare organizations may opt for enterprise-level subscriptions that include advanced features and customized support, while smaller practices can utilize basic packages. Additional revenue streams are generated through partnerships with health technology integrators and ongoing training services for staff to maximize the platform's utility.


Looking ahead, Valence Enterprises plans to launch new product features aimed at enhancing their EHR system by late 2023. The company is also targeting expansion into new geographic markets, including specific regions in Europe and Asia by 2024. The funding raised from the Series A round will support these initiatives, as it will enable the development of new capabilities within their current offerings and facilitate the market entry strategies necessary for growth.


Current Investors

Upfront, Human Ventures, High Alpha

Primary Industry

Internet

Sub Industries

Search Engines, Social Networking & Communication Platform, Web Applications

Website

www.valence.community

Verticals

Artificial Intelligence, Cloud Computing, Social Media

Company Stage

Add-on

Total Amount Raised

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