Abacus Insights - About the company
Abacus Insights is a series C company based in New York City (United States), founded in 2017 by Minalkumar Patel. It operates as a Provider of data management solutions. Abacus Insights has raised $94.9M in funding from investors like CRV, BVF and MultiPlan, with a current valuation of $*****. The company has 701 active competitors, including 75 funded and 45 that have exited. Its top competitors include companies like Ovation, Kyruus Health and Truveta.
Company Details
Provider of data management solutions. The platform helps in curating medical information from various sources and allows healthcare professionals to securely transfer medical data for their patients. The data analytics platform enables professionals to manage their patient engagement, administrative solutions, and care management.
- Website
- abacusinsights.com
- Social
- Email ID
- *****@abacusinsights.com
- Registered Address
- Boston, Massachusetts
Key Metrics
Founded Year
2017
Location
New York City, United States
Stage
Series C
Total Funding
$94.9M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 31, 2020
Ranked
5th among 701 active competitors
Employee Count
424 as on Aug 31, 2026
Similar Companies
Legal entities associated with Abacus Insights
Abacus Insights is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ABACUS INSIGHTS INC CIN: 822115444 , United States, Active | Dec 26, 999 | - | 87 (As on Dec 31, 2024) | - |
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Abacus Insights's funding and investors
Abacus Insights has raised a total funding of $94.9M over 5 rounds. Its first funding round was on May 30, 2019. Abacus Insights has 11 institutional investors.
Here is the list of recent funding rounds of Abacus Insights:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 01, 2024 | 6275032 | Series C | 4817415 | 6323759 | 1568382 | 5152401 |
Jun 15, 2022 | 4683593 | Series C | 7490766 | 6701219 | 6954583 | |
Jun 16, 2020 | 2774018 | Conventional Debt | 6855300 | 4350136 | 8490283 |
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Abacus Insights' founders and board of directors
Founder? Claim ProfileThe founders of Abacus Insights is Minalkumar Patel. Minalkumar Patel is the CEO of Abacus Insights.
Here are the details of Abacus Insights' key team members:
- Minalkumar Patel: Founder & CEO of Abacus Insights. They serve on the board of 1 company.
Abacus Insights' Board of Directors
Abacus Insights's board has 6 active members. Minalkumar Patel, Graham Brooks, Matthew Downs, Dale White, William McIvor and Mike Spadafore are independent board members.Here is the list of Abacus Insights' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 3m | |
zwb{bjg | Independent board member | - | Current | 6y 9m |
jtsmtcx | Independent board member | - | Current | 1y 9m |
txbgxyn | Independent board member | - | Current | 9y 6m |
afnivzi | Independent board member | - | Current | 4y 4m |
n{gpvxc | Independent board member | - | Current | 5y 6m |
View details of Abacus Insights's Founder profiles and Board Members
Abacus Insights' employee count trend
Abacus Insights has 424 employees as of Aug 26. Here is Abacus Insights's employee count trend over the years:
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Abacus Insights's Competitors and alternates
Top competitors of Abacus Insights include Ovation, Kyruus Health and Truveta. Here is the list of Top 10 competitors of Abacus Insights, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ovation 2009, Cambridge (United States), Series B | Provider of a cloud-based laboratory information and data management platform for researchers and clinicians | $33.3M | 69/100 | |
2nd |  Kyruus Health 2010, Boston (United States), Acquired | Provider of software solutions for clinical decision making | $196M | 68/100 | |
3rd |  Truveta 2020, Seattle (United States), Series C | Provider of healthcare data platform for learning services | $515M | 65/100 | |
4th | Carta Healthcare 2017, San Mateo (United States), Series B | Provider of an AI platform for clinical data management solutions | $80.6M | 64/100 | |
5th | Abacus Insights 2017, New York City (United States), Series C | Provider of data management solutions | $94.9M | 63/100 | |
6th |  OM1 2015, Cambridge (United States), Series C | Platform that enables providers to manage CMS CJR bundle for value-based care | $171M | 62/100 | |
7th | Provider of an AI-based medical data management and mining platform for the healthcare industry | $200M | 62/100 | ||
8th |  Motivity 2002, Seattle (United States), Series A | Provider of software for collecting data for clinics | $38M | 60/100 | |
9th | InterSystems 1978, Cambridge (United States), Acquired | Cloud based database management software | - | 59/100 | |
10th |  nference 2013, Cambridge (United States), Series C | Provider of an AI platform for clinical data analysis and insights | $134M | 58/100 |
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Abacus Insights's Investments and acquisitions
Abacus Insights has made no investments or acquisitions yet.
Reports related to Abacus Insights
Here is the latest report on Abacus Insights's sector:
News related to Abacus Insights
Filter this listMedia has covered Abacus Insights for a total of 3 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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Abacus Insights Launches Payment Integrity Suite Built on Trusted DataBusiness Wire•Aug 05, 2026•Abacus Insights
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Abacus Insights and CoverSelf Partner to Strengthen Payment Integrity for U.S. Health PlansBusiness Wire•Mar 23, 2026•CoverSelf, Abacus Insights
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Findhelp and AIDA partner to improve transitions for acute care patientsHospital Management•Dec 10, 2025•AIDA, findhelp, Abacus Insights, Databricks and 2 others
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Thai micro lender Abacus eyes expansion SCB-backed fintech firm says small firms yearn for loans but banks remain waryBangkok Post•Mar 26, 2025•Abacus Insights, SCBX
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Healthcare Data Usability Leader Abacus Insights Charts Its Growth With Appointment of New Chief Operating OfficerBusiness Wire•Dec 10, 2024•Abacus Insights
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Abacus Insights Expands CMS Interoperability Data Solution Suite to Accelerate Payer Readiness to Meet Complex CMS-0057-F Government Mandates Starting in January 2026Business Wire•Nov 14, 2024•Abacus Insights
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enGen and Abacus Insights Collaborate to Enhance Client Value of enGen’s Growing Suite of Industry-Leading Payer SolutionsBusiness Wire•Nov 06, 2024•enGen, Abacus Insights
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Abacus Insights has filed a notice of an exempt offering of securities to raise $11,742,458.00 in New Equity Investment.intelligence360•Oct 22, 2024•Abacus Insights
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Increase Medicare Star Ratings With Insights-ready Data™ From Abacus Insights’ Stars Performance Data SolutionBusiness Wire•Aug 22, 2024•Abacus Insights
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