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Allocade - About the company

Allocade is a deadpooled company based in Menlo Park (United States), founded in 2004 by Don Rosenthal. It operates as an Artificial Intelligence to optimize patient flow in hospitals.. Allocade has raised $11.6M in funding from VantagePoint Capital Partners. The company has 74 active competitors, including 8 funded and 13 that have exited. Its top competitors include companies like Hospital IQ, TeleTracking and Roundtrip.

Company Details

Allocade’s On-Cue System, powered by an Artificial Intelligence Engine, organizes patient and caregiver logistics in hospitals. Allocade claims its system tracks everything from patient needs, like scheduled appointments and procedures, to real-time personnel scheduling and helps caregivers to effectively manage patient flow and patient care. When disruptions like emergencies or procedure overruns occur, Allocade automatically repairs the schedule and optimizes the resources.
Social
X
Key Metrics
Founded Year
2004
Location
Menlo Park, United States
Stage
Deadpooled
Total Funding
$11.6M in 3 rounds
Latest Funding Round
Ranked
Employee Count
21 as on Dec 31, 2011
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Allocade's funding and investors

Allocade has raised a total funding of $11.6M over 3 rounds. Its first funding round was on Aug 07, 2009. Allocade has 4 institutional investors.

Here is the list of recent funding rounds of Allocade:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 12, 2011
6947028
Series A
9668827
5100570
8064935
3032873
Mar 2010
8655587
Series A
2611090
3321542
7829970
6715456
Aug 07, 2009
4138626
Series A
4564601
5653196
2480517
8251465
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Allocade's founders and board of directors

Founder? Claim Profile
The founders of Allocade is Don Rosenthal.
Here are the details of Allocade's key team members:

Allocade's employee count trend

Allocade has 21 employees as of Dec 11. The total employee count is 32.0% lower than what it was in Dec 10. Here is Allocade's employee count trend over the years:
Employee count trend for Allocade
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Allocade's Competitors and alternates

Top competitors of Allocade include Hospital IQ, TeleTracking and Roundtrip. Here is the list of Top 10 competitors of Allocade, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hospital IQ
Hospital IQ
2013, Newton (United States), Acquired
AI based analytics platform for hospital workflow management
$49.3M
56/100
2nd
Logo for TeleTracking
TeleTracking
1991, Pittsburgh (United States), Acquired
Automated workflow management solutions for hospitals
-
55/100
3rd
Logo for Roundtrip
Roundtrip
2016, Philadelphia (United States), Series A
Provider of medical transportation platform to manage patient flow in healthcare organisations
$11M
55/100
4th
Logo for Gozio
Gozio
2013, Atlanta (United States), Seed
Offers patient engagement platform for hospitals and health systems
$1.05M
51/100
5th
Logo for MHRS
MHRS
2010, Ankara (Turkey), Unfunded
Appointment management solution for healthcare providers
-
-
47/100
6th
Logo for Central Logic
Central Logic
2005, South Jordan (United States), Acquired
Provider of patient flow software and bed management solutions
$21.9M
47/100
7th
Logo for Alcidion
Alcidion
2000, Adelaide (Australia), Public
AI-based clinical decision support systems for doctors to manage patient flow
-
45/100
8th
Logo for GrayOS
GrayOS
2018, Montreal (Canada), Seed
Cloud-based patient-flow management tool for healthcare professionals
$1M
44/100
9th
Logo for Cartogram
Cartogram
2014, Bellevue (United States), Series A
Provider of indoor navigation solutions
$811K
41/100
10th
Logo for Simplifeye
Simplifeye
2015, San Francisco (United States), Series B
Dental revenue acceleration through frictionless workflow and payment solutions
$13.4M
38/100
11th
Logo for Allocade
Allocade
2004, Menlo Park (United States), Deadpooled
Artificial Intelligence to optimize patient flow in hospitals.
$11.6M
36/100
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Allocade's Investments and acquisitions

Allocade has made no investments or acquisitions yet.

Reports related to Allocade

Here is the latest report on Allocade's sector:

News related to Allocade

Allocade Raises $5 MillionPE HubMar 25, 2010Allocade
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FAQs about Allocade

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