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.
- Website
- allocade.com
Key Metrics
Founded Year
2004
Location
Menlo Park, United States
Stage
Deadpooled
Total Funding
$11.6M in 3 rounds
Latest Funding Round
Investors
Ranked
11th among 74 active competitors
Employee Count
21 as on Dec 31, 2011
Similar Companies
Legal entities associated with Allocade
Allocade is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ALLOCADE, INC. CIN: 50589672 , Belgium, Active | May 13, 2010 | - | 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 |
View details of Allocade's funding rounds and investors
Allocade's founders and board of directors
Founder? Claim ProfileThe founders of Allocade is Don Rosenthal.
Here are the details of Allocade's key team members:
- Don Rosenthal: Former Founder & CEO of Allocade.
View details of Allocade's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hospital IQ 2013, Newton (United States), Acquired | AI based analytics platform for hospital workflow management | $49.3M | 56/100 | |
2nd | TeleTracking 1991, Pittsburgh (United States), Acquired | Automated workflow management solutions for hospitals | - | 55/100 | |
3rd | Roundtrip 2016, Philadelphia (United States), Series A | Provider of medical transportation platform to manage patient flow in healthcare organisations | $11M | 55/100 | |
4th | Gozio 2013, Atlanta (United States), Seed | Offers patient engagement platform for hospitals and health systems | $1.05M | 51/100 | |
5th | Appointment management solution for healthcare providers | - | - | 47/100 | |
6th | Central Logic 2005, South Jordan (United States), Acquired | Provider of patient flow software and bed management solutions | $21.9M | 47/100 | |
7th | AI-based clinical decision support systems for doctors to manage patient flow | - | 45/100 | ||
8th | Cloud-based patient-flow management tool for healthcare professionals | $1M | 44/100 | ||
9th | Cartogram 2014, Bellevue (United States), Series A | Provider of indoor navigation solutions | $811K | 41/100 | |
10th | Simplifeye 2015, San Francisco (United States), Series B | Dental revenue acceleration through frictionless workflow and payment solutions | $13.4M | 38/100 | |
11th | 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.
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