CipherHealth - About the company
CipherHealth is a series A company based in New York City (United States), founded in 2009 by Randy Cheung and Alexander Hejnosz. It operates as a Patient-facing operating system for consistent healthcare operations and exceptional experiences. CipherHealth has raised $37.6M in funding from JMI Management. The company has 490 active competitors, including 81 funded and 34 that have exited. Its top competitors include companies like Hyro, ConnectiveRx and ixLayer.
Company Details
Patient-facing operating system for consistent healthcare operations and exceptional experiences. This company provides a software solution designed to streamline and standardize patient interactions across healthcare organizations. It focuses on replacing fragmented processes with connected workflows, ensuring operational excellence and improved patient care. The platform offers tools for patient outreach, rounding, and self-service, aiming to enhance communication and engagement throughout the patient journey. By providing a consistent and flexible system, it enables healthcare providers to deliver efficient, high-quality care, leading to better clinical outcomes and increased patient satisfaction. The company's solutions support nursing, patient experience, quality and safety, and population health initiatives, ultimately strengthening patient loyalty and improving the bottom line. This is a B2B SaaS platform.
- Website
- cipherhealth.com
- Registered Address
- One Penn Plaza Suite 3101 New York, NY 10119
Key Metrics
Founded Year
2009
Location
New York City, United States
Stage
Series A
Total Funding
$37.6M in 4 rounds
Latest Funding Round
Investors
Ranked
4th among 490 active competitors
Employee Count
104 as on Jun 30, 2026
Legal entities associated with CipherHealth
CipherHealth is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CipherHealth Inc. CIN: 27-1082489 , United States, Active | Oct 12, 2009 | - | - | - |
CIPHERHEALTH INC. CIN: 5317945 , United States, Active | Apr 05, 2018 | - | - | - |
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CipherHealth's funding and investors
CipherHealth has raised a total funding of $37.6M over 4 rounds. Its first funding round was on Oct 01, 2009. Its latest funding round was a Venture Debt round on Jul 10, 2024 for $*****. 1 investor participated in its latest round. CipherHealth has 4 institutional investors.
Here is the list of recent funding rounds of CipherHealth:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 10, 2024 | 4308943 | Venture Debt | 8010902 | 1033888 | 8403752 | 3143908 |
Aug 06, 2020 | 5622331 | Conventional Debt | 4848520 | 9688700 | 9218256 | |
May 14, 2018 | 2669729 | PE | 4789640 | 3704809 | 9704818 |
View details of CipherHealth's funding rounds and investors
CipherHealth's founders and board of directors
Founder? Claim ProfileThe founders of CipherHealth are Randy Cheung and Alexander Hejnosz.
Here are the details of CipherHealth's key team members:
- Randy Cheung: Co-Founder of CipherHealth. Contact Info: 1 email address
- Alexander Hejnosz: Former Co-Founder of CipherHealth.
CipherHealth's Board of Directors
CipherHealth's board has 6 active members. Anthony Wong, Frank Liu, Matt Emery, Alex Hejnosz, Randolph Cheung and Zach Silverzweig are independent board members.Here is the list of CipherHealth's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 8y 1m | |
pexqxjn | Independent board member | - | Current | 3y 2m |
b{spmks | Independent board member | - | Current | 4y 1m |
yjyqspr | Independent board member | - | Current | 1y 9m |
{xeiuux | Independent board member | - | Current | 3y 4m |
qbivzio | Independent board member | - | Current | 5y 8m |
View details of CipherHealth's Founder profiles and Board Members
CipherHealth's employee count trend
CipherHealth has 104 employees as of Jun 26. Here is CipherHealth's employee count trend over the years:
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CipherHealth's Competitors and alternates
Top competitors of CipherHealth include Hyro, ConnectiveRx and ixLayer. Here is the list of Top 10 competitors of CipherHealth, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hyro 2014, New York City (United States), Series C | Provider of an AI-based conversational platform | $115M | 70/100 | |
2nd | ConnectiveRx 2008, Hanover (United States), Acquired | Provider of patient engagement and prior authorization solutions | $300M | 66/100 | |
3rd | ixLayer 2017, San Francisco (United States), Series A | Provider of cloud-based solution for precision and population health testing | $75M | 66/100 | |
4th | CipherHealth 2009, New York City (United States), Series A | Patient-facing operating system for consistent healthcare operations and exceptional experiences | $37.6M | 65/100 | |
5th | GetWellNetwork 1999, Bethesda (United States), Acquired | Interactive Patient engagement software to help hospitals get patients more involved in their care process | $19M | 62/100 | |
6th | PatientPoint 1987, Cincinnati (United States), Acquired | Patient engagement solutions for healthcare providers at point of care | $140M | 61/100 | |
7th | Zocalo Health 2021, Seattle (United States), Series A | Provider of mental, emotional, and spiritual wellbeing services | $30.6M | 61/100 | |
8th | Ostro 2019, Miami (United States), Acquired | Saas-based patient engagement platform for healthcare providers | $55M | 59/100 | |
9th | Mobile app for doctors to monitor and chat with their patients | $4.37M | 59/100 | ||
10th | b.well 2015, Eldersburg (United States), Series C | Customised healthcare with rewards for reaching personal health goals | $96.3M | 59/100 |
Looking for more details on CipherHealth's competitors? Click here to see the top ones
CipherHealth's Investments and acquisitions
CipherHealth has made no investments or acquisitions yet.
Reports related to CipherHealth
Here is the latest report on CipherHealth's sector:
News related to CipherHealth
Media has covered CipherHealth for a total of 2 events in the last 1 year, 2 of them have been about partnerships.
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Achievers and CipherHealth Partner to Bring Real-Time Patient RecognitionBusiness Wire•Aug 26, 2025•CipherHealth, Achievers
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Achievers and CipherHealth Partner to Enhance Healthcare Employee ExperienceFinancial Post•Aug 26, 2025•CipherHealth, Achievers
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O.C. Tanner and CipherHealth Partner to Boost Healthcare MoraleHIT Consultant•Aug 16, 2024•O.C. Tanner, CipherHealth
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O.C. Tanner Partners with CipherHealth to Enhance Recognition for Healthcare SystemsBusiness Wire•Aug 13, 2024•CipherHealth, O.C. Tanner
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Norton Healthcare leverages crowdsourcing to improve patient, staff satisfactionBecker's Hospital Review•Aug 01, 2024•Norton Healthcare, CipherHealth
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CipherHealth: Funding Raised From Atalaya Capital ManagementPulse 2.0•Jul 10, 2024•CipherHealth, Atalaya Capital Management
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CipherHealth introduces patient rounding tool to enhance care deliveryHospital Management•Jun 14, 2024•CipherHealth
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CipherHealth Launches AI Summaries to Transform Patient RoundingHIT Consultant•Jun 13, 2024•CipherHealth
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