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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 112 active competitors, including 10 funded and 9 that have exited. Its top competitors include companies like Press Ganey, Doctify and Feedtrail.

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.
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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
Ranked
Employee Count
90 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Press Ganey (Oct 13, 2020)

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
1344518
Series A
3870205
5233817
8568203
5775907
Oct 06, 2015
5990188
Series A
9287433
7479103
1847287
Mar 19, 2014
4817254
Seed
1129617
4094006
6829904
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Binary Fountain's founders and board of directors

Founder? Claim Profile
The founders of Binary Fountain are Ravi Gopalan and Jitendra Vyas.
Here are the details of Binary Fountain's key team members:

Binary Fountain's employee count trend

Binary Fountain has 90 employees as of Mar 26. Here is Binary Fountain's employee count trend over the years:
Employee count trend for Binary Fountain
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Binary Fountain's Competitors and alternates

Top competitors of Binary Fountain include Press Ganey, Doctify and Feedtrail. Here is the list of Top 10 competitors of Binary Fountain, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Press Ganey
Press Ganey
1984, South Bend (United States), Acquired
Provider of software for patient satisfaction and feedback surveys
-
63/100
2nd
Logo for Binary Fountain
Binary Fountain
2014, Mclean (United States), Acquired
Healthcare experience platform improving patient, employee, and consumer engagement through insights
$41.6M
52/100
3rd
Logo for Doctify
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
Logo for Feedtrail
Feedtrail
2015, Espoo (Finland), Acquired
Feedback management platform for healthcare professionals
$2.58M
48/100
5th
Logo for Bivarus
Bivarus
2012, Durham (United States), Acqui-Hired
Patient experience analytics
$7.93M
47/100
6th
Logo for Pephealth AI
Pephealth AI
2020, London (United Kingdom), Funding Raised
Provider of an AI based patient feedback management software for healthcare providers
-
 
43/100
7th
Logo for Continuum Analytics
Continuum Analytics
2012, Austin (United States), Late Stage
Developer of a platform for open-source Python package and AI management
$41.8M
37/100
8th
Logo for Safety4me
Safety4me
2011, Porto Alegre (Brazil), Unfunded
Provider of a cloud-based platform for patients feedback on healthcare and communication with hospitals
-
-
37/100
9th
Logo for Quality Reviews
Quality Reviews
2012, New York City (United States), Seed
Patient engagement platform improving healthcare experiences through real-time feedback and communication
$100K
37/100
10th
Logo for KuartisMED
KuartisMED
2012, Ankara (Turkey), Seed
Developer of a device to assess feeding maturity of preterm babies
$1.8M
36/100
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Binary Fountain's Investments and acquisitions

Binary Fountain has made no investments or acquisitions yet.

Reports related to Binary Fountain

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News related to Binary Fountain

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