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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.
Social
X
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
Ranked
Employee Count
104 as on Jun 30, 2026
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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:lockFilter this list
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
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CipherHealth's founders and board of directors

Founder? Claim Profile
The founders of CipherHealth are Randy Cheung and Alexander Hejnosz.
Here are the details of CipherHealth's key team members:

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
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Independent board member
-
Current
3y 2m
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Independent board member
-
Current
4y 1m
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Independent board member
-
Current
1y 9m
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Independent board member
-
Current
3y 4m
qbivzio
Independent board member
-
Current
5y 8m

CipherHealth's employee count trend

CipherHealth has 104 employees as of Jun 26. Here is CipherHealth's employee count trend over the years:
Employee count trend for CipherHealth
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hyro
Hyro
2014, New York City (United States), Series C
Provider of an AI-based conversational platform
$115M
70/100
2nd
Logo for ConnectiveRx
ConnectiveRx
2008, Hanover (United States), Acquired
Provider of patient engagement and prior authorization solutions
$300M
66/100
3rd
Logo for ixLayer
ixLayer
2017, San Francisco (United States), Series A
Provider of cloud-based solution for precision and population health testing
$75M
66/100
4th
Logo for CipherHealth
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
Logo for GetWellNetwork
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
Logo for PatientPoint
PatientPoint
1987, Cincinnati (United States), Acquired
Patient engagement solutions for healthcare providers at point of care
$140M
61/100
7th
Logo for Zocalo Health
Zocalo Health
2021, Seattle (United States), Series A
Provider of mental, emotional, and spiritual wellbeing services
$30.6M
61/100
8th
Logo for Ostro
Ostro
2019, Miami (United States), Acquired
Saas-based patient engagement platform for healthcare providers
$55M
59/100
9th
Logo for Evolko
Evolko
2007, Bengaluru (India), Series A
Mobile app for doctors to monitor and chat with their patients
$4.37M
59/100
10th
Logo for b.well
b.well
2015, Eldersburg (United States), Series C
Customised healthcare with rewards for reaching personal health goals
$96.3M
59/100
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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

lockFilter this list
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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FAQs about CipherHealth

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