Binary Fountain - About the company
Binary Fountain is an acquired company based in Mclean (United States), founded in 2014 by Ravi Gopalan and Jitendra Vyas. It operates as a Healthcare experience platform improving patient, employee, and consumer engagement through insights. Binary Fountain has raised $41.6M in funding from HLM Venture Partners and Pioneer Venture Partners. The company has 114 active competitors, including 10 funded and 10 that have exited. Its top competitors include companies like Press Ganey, Doctify and Cemplicity.
Company Details
Healthcare experience platform improving patient, employee, and consumer engagement through insights. The company offers a comprehensive suite of solutions designed to transform the healthcare experience. It provides tools for continuous listening, digital feedback, and regulatory compliance. The platform analyzes healthcare data using machine learning, artificial intelligence, and natural language processing to provide predictive analytics and key driver analysis. It offers transparency through effective reporting, data visualizations, and industry benchmarks. The company focuses on reputation management, service recovery, and high reliability. Solutions address consumer, patient, and employee experience, diversity, equity, and inclusion, nursing excellence, and patient and workforce safety. Consulting services provide strategic guidance in areas like patient experience, employee experience, and safety. The platform supports various roles, including nurse leaders, physician leaders, technology leaders, and executive officers. It serves government, health systems, health plans, and life sciences organizations. The company's platform is a SaaS offering that leverages data and analytics to improve healthcare outcomes and experiences.
- Website
- binaryfountain.com
- Registered Address
- Level 4 (L1) THEJASWANI , TECHNOPARK, Thiruvananthapuram, TRIVANDRUM, Kerala, India, 695581
Key Metrics
Founded Year
2014
Location
Mclean, United States
Stage
Acquired
Total Funding
$41.6M in 3 rounds
Latest Funding Round
Investors
Ranked
2nd among 114 active competitors
Employee Count
89 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Press Ganey (Oct 13, 2020)
Legal entities associated with Binary Fountain
Binary Fountain is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
PRESS GANEY ASSOCIATES INDIA PRIVATE LIMITED CIN: U72200KL2012PTC031053 , India, Active | Apr 19, 2012 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - |
Binary Fountain's acquisition details
Binary Fountain got acquired by Press Ganey on Oct 13, 2020.
Click here to take a look at Binary Fountain's acquisition in detail
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Binary Fountain's funding and investors
Binary Fountain has raised a total funding of $41.6M over 3 rounds. Its first funding round was on Mar 19, 2014. Binary Fountain has 7 institutional investors.
Here is the list of recent funding rounds of Binary Fountain:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 11, 2017 | 9725523 | Series A | 5689774 | 2936133 | 7962804 | 9441510 |
Oct 06, 2015 | 9946692 | Series A | 6368495 | 8947008 | 8609347 | |
Mar 19, 2014 | 2420908 | Seed | 8400107 | 7052206 | 4878720 |
View details of Binary Fountain's funding rounds and investors
Binary Fountain's founders and board of directors
Founder? Claim ProfileThe founders of Binary Fountain are Ravi Gopalan and Jitendra Vyas.
Here are the details of Binary Fountain's key team members:
- Ravi Gopalan: Founder & CTO of Binary Fountain.
- Jitendra Vyas: Former Founder & CSO of Binary Fountain.
- Ramu Potarazu: CEO of Binary Fountain.
View details of Binary Fountain's Founder profiles and Board Members
Binary Fountain's employee count trend
Binary Fountain has 89 employees as of May 26. Here is Binary Fountain's employee count trend over the years:
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Binary Fountain's Competitors and alternates
Top competitors of Binary Fountain include Press Ganey, Doctify and Cemplicity. Here is the list of Top 10 competitors of Binary Fountain, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Press Ganey 1984, South Bend (United States), Acquired | Provider of software for patient satisfaction and feedback surveys | - | 63/100 | |
2nd | Binary Fountain 2014, Mclean (United States), Acquired | Healthcare experience platform improving patient, employee, and consumer engagement through insights | $41.6M | 52/100 | |
3rd | Doctify 2014, London (United Kingdom), Series B | Online platform for finding and booking verified healthcare providers based on patient reviews | $29.9M | 49/100 | |
4th | Cemplicity 2013, London (United Kingdom), Acquired | Provider of post acute care solutions for healthcare professionals | - | - | 47/100 |
5th | Feedback management platform for healthcare professionals | $2.58M | 45/100 | ||
6th | Unite Genomics 2015, Berkeley (United States), Series A | Provider of an AI-powered platform for health data integration and analysis | $5.78M | 40/100 | |
7th | Continuum Analytics 2012, Austin (United States), Late Stage | Provider of software for managing open source artificial intelligence workflows | $41.8M | 39/100 | |
8th | Provider of a cloud-based platform for patients feedback on healthcare and communication with hospitals | - | - | 37/100 | |
9th | Bivarus 2012, Durham (United States), Acqui-Hired | Patient experience analytics | $7.93M | 36/100 | |
10th | NarrativeDx 2014, Austin (United States), Acqui-Hired | Cloud-based platform actionable insights from patient narratives | $11.9M | 35/100 |
Looking for more details on Binary Fountain's competitors? Click here to see the top ones
Binary Fountain's Investments and acquisitions
Binary Fountain has made no investments or acquisitions yet.
Reports related to Binary Fountain
Here is the latest report on Binary Fountain's sector:
News related to Binary Fountain
•
Shift Media Announces Ramu Potarazu as New Chief Executive OfficerPR Newswire•May 02, 2022•Shift Media, Binary Fountain
•
AINS, LLC Announces Naitik Vyas as Director of Federal SalesPRWeb•Apr 13, 2022•AINS, GoBOLT, Binary Fountain
•
Press Ganey Advances Health Care Consumerism Movement with Acquisitions of Doctor.com and Majority Stake in Binary FountainBusiness Wire•Oct 13, 2020•Press Ganey, Doctor.com, Binary Fountain
•
Binary Fountain and Netsertive Announce Strategic PartnershipNewswire•Sep 16, 2020•Binary Fountain, Netsertive
•
CareDash Collaborates With Binary Fountain to Add Patient Experience (PX) Scores to 500,000+ Doctor ProfilesNewswire•Dec 17, 2019•CareDash, Binary Fountain
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Binary Fountain Named to Deloitte’s 2019 “Technology Fast 500™” ListPRWeb•Nov 12, 2019•Binary Fountain
•
Binary Fountain Launches New Customer Experience and Engagement Features to Further Enhance Its Customer Experience Management PlatformPRWeb•Sep 09, 2019•Binary Fountain
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Binary Fountain Selected As A 2018 “50 on Fire” Winner for Technology and CybersecurityPRWeb•Nov 05, 2018•Binary Fountain
•
Binary Fountain Selected as an Eyefinity Certified PartnerPRWeb•Sep 05, 2018•Binary Fountain, Eyefinity
•
Binary Fountain Launches Binary Review Manager, a New Online Reputation Management Platform for Small and Medium-Sized BusinessesPRWeb•Jan 30, 2018•Binary Fountain
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