When was Advantmed founded?

Advantmed was founded in 2005 and raised its 1st funding round 11 years after it was founded.

Where is Advantmed located?

Advantmed is headquartered in Santa Ana, United States. It is registered at Santa Ana, California.

How many employees does Advantmed have?

As of Jan 05, 2026, the latest employee count at Advantmed is 1247.

Is Advantmed a funded company?

Advantmed is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2016.

When was the latest funding round of Advantmed?

Advantmed's latest funding was a $***** Series A round on Dec 13, 2016, with participation from 1 investor.

Where does Advantmed rank among its competitors?

Advantmed ranks 8th amongst 71 active competitors, of which 11 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Codoxo, which secured $35M in Dec, 2025.

Who are the top competitors of Advantmed?

Advantmed's top competitors include Centauri Health Solutions, Codoxo and Apixio. Among them, Codoxo secured the most recent funding round in December, 2025.

Advantmed - 2026 Company Profile, Team, Funding & Competitors

Company Details

Digital risk adjustment solutions for individuals and providers. The company has developed an application that enables users to optimize revenue and quality using their proprietary health information management platform. It has features for risk adjustment, quality improvement, and health assessment programs.

Website: www.advantmed.com/
Social
Email ID: *****@advantmed.com
Registered Address: Santa Ana, California

Key Metrics

Founded Year

2005

Location

Santa Ana, United States

Stage

Series A

Latest Funding Round

Series A, Dec 13, 2016, $*****

Investors

Bison Capital & 1 more

Ranked

8^th among 71 active competitors

Employee Count

1,247 as on Jan 05, 2026

Similar Companies

Centauri Health Solutions & 138 more

View Advantmed's full profile

Advantmed is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ADVANTMED, LLC CIN: 320453942 , United States, Active	Dec 26, 999	-	213 (As on Dec 31, 2024)	-

Advantmed has raised funding over 2 rounds. Its first funding round was on 2016. Its latest funding round was a Series A round on Dec 13, 2016 for $*****. 1 investor participated in its latest round. Advantmed has 2 institutional investors.

Here is the list of recent funding rounds of Advantmed:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 13, 2016	3522009	Series A	5645254	9614005	7829344	2448187
2016	4590	Series A	2746	2097	1610	3252

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View details of Advantmed's funding rounds and investors

The founders of Advantmed is Akash Patel.

Here are the details of Advantmed's key team members:

Akash Patel: Chief Executive Officer / Founder of Advantmed.
Contact Info: 1 email address

View details of Advantmed's Founder profiles and Board Members

Advantmed's employee count trend

Advantmed has 1,247 employees as of Jan 26. Here is Advantmed's employee count trend over the years:

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Top competitors of Advantmed include Centauri Health Solutions, Codoxo and Apixio. Here is the list of Top 10 competitors of Advantmed, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Centauri Health Solutions 2014, Phoenix (United States), Acquired	Provider of data management solutions for risk adjustment and quality-based revenue programs	$68.2M	Brookside Mezzanine Partners, Silversmith ... & 2 others	64/100
2nd	Codoxo 2016, Atlanta (United States), Series C	AI-based platform for employee and individual healthcare planning	$75M	Spider Capital, TechSquare Labs & 15 others	63/100
3rd	Apixio 2009, San Mateo (United States), Acquired	Provider of data connectivity and exchange solutions for the healthcare industry	$49.4M	SSM Partners, Bain Capital Ventures & 8 others	63/100
4th	Reveleer 2009, Glendale (United States), Series E	AI-powered software platform for value-based healthcare	$162M	Oak HC/FT, Hercules Capital & 2 others	59/100
5th	ForeSee Medical 2017, San Diego (United States), Series B	Decision support solutions for healthcare professionals	$49.4M	-	58/100
6th	Able Health 2015, San Francisco (United States), Acquired	Data-driven healthcare solutions improving clinical quality, patient safety, and efficiency	$4M	Mission and Market, American Startup Club ... & 6 others	54/100
7th	ClosedLoop 2017, Austin (United States), Series B	Provider of an AI-based risk predictive platform for payers, providers & pharma	$48M	Greycroft, Telstra Ventures & 13 others	49/100
8th	Advantmed 2005, Santa Ana (United States), Series A	Digital risk adjustment solutions for individuals and providers	-	Bison Capital, Oxeon Partners	48/100
9th	Vatica Health 2011, Nashville (United States), Acquired	Cloud-based risk adjustment solution for providers	$1.66M	Powered Health, Oxeon Partners	48/100
10th	Health Fidelity 2011, San Mateo (United States), Acquired	Healthcare cloud and smart platform enabling interoperability and data transformation	$19.3M	UPMC, Canadian Imperial Bank of Commerce & 3 others	47/100