VisiQuate, Inc.
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VisiQuate, Inc. - overview
Established
2009
Location
Santa Rosa, CA, US
Primary Industry
Software
About
VisiQuate, Inc. is a US-based company specializing in AI-powered revenue cycle intelligence platforms tailored for healthcare providers, enhancing financial performance and operational efficiency across various healthcare institutions. Founded in 2009, VisiQuate, Inc. is headquartered in Santa Rosa, US, and focuses on optimizing revenue cycles for healthcare organizations.
The firm has successfully completed 6 deals, with its most recent being a Series C round in October 2024, led by Sixth Street Growth, raising USD 50. 00 mn, bringing the total amount raised to USD 50. 00 mn and a current valuation of USD 72. 95 mn.
The company was co-founded by Brian Robertson, James Kolmansberger, Rich Waller, and Richard Waller, with Rich Waller serving as the CEO. VisiQuate offers an AI-powered revenue cycle intelligence platform specifically designed for the healthcare sector. Their product suite includes analytics solutions such as Denials Management Analytics, Revenue Management Analytics, and Patient Access Analytics. The platform integrates fragmented data from various systems, providing actionable insights that assist healthcare providers in enhancing cash flow and minimizing denials, primarily serving hospitals and clinics across North America and Europe.
VisiQuate operates a subscription-based revenue model, allowing healthcare organizations to utilize its suite of AI-driven analytics and automation tools. Clients engage in annual contracts, benefitting from ongoing updates and support. The firm offers diverse pricing plans tailored to the size and needs of the healthcare provider, ensuring effective returns on investment. Their services, like the Orange Glove Service, enhance customer support, reinforcing VisiQuate's role in improving cash management and reducing bad debt for healthcare providers.
In October 2024, VisiQuate, Inc. was acquired by Accel-KKR from First Analysis and Sixth Street Growth, with financial terms undisclosed. This acquisition is set to support the company's growth strategies. Future plans include the development and launch of new products aimed at further enhancing their analytics capabilities.
The company is also looking to expand into additional geographic regions, focusing on markets where advanced revenue cycle solutions are critical, leveraging recent funding to bolster these initiatives.
Current Investors
First Analysis
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software, Content Management Software
Website
www.visiquate.com
Verticals
Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
VisiQuate, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Etyon, Inc. | - | ||||||||
| Add-on | Completed | Rotera LLC | - |
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