HealthEdge - About the company
HealthEdge is an acquired company based in Burlington (United States), founded in 2004 by Matthew Kuntz. It operates as a Provider of a suite solutions for healthcare payer. HealthEdge has raised $108M in funding from Psilos Group. The company has 273 active competitors, including 36 funded and 50 that have exited. Its top competitors include companies like Change Healthcare, Novotech and Concert AI.
Company Details
HealthEdge provides a suite of software products for the healthcare payer market. Suite platform HealthRules is delivered to customers via the HealthEdge Cloud or on-site deployment. The suite includes claims and benefits administration, care management, business intelligence, and portal solutions designed to empower healthcare payers to capitalize on innovations and opportunities that await them in the new healthcare economy.
- Website
- healthedge.com
- Social
- Registered Address
- Burlington, Massachusetts
Key Metrics
Founded Year
2004
Location
Burlington, United States
Stage
Acquired
Total Funding
$108M in 19 rounds
Latest Funding Round
Investors
Ranked
1st among 273 active competitors
Employee Count
2,289 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Blackstone (Mar 09, 2020)
Legal entities associated with HealthEdge
HealthEdge is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HEALTHEDGE SOFTWARE, INC. CIN: 12020069709 , United States, Active | - | - | - | |
HEALTH EDGE SOFTWARE, INC CIN: 202006970 , United States, Active | Dec 31, 1999 | - | 1250 (As on Dec 31, 2024) | - |
HEALTHEDGE TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U72900KA2019FTC123112 , India, Active | Apr 02, 2019 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 308 (As on Jan 31, 2025) |
HealthEdge's acquisition details
HealthEdge got acquired by Blackstone on Mar 09, 2020.
Click here to take a look at HealthEdge's acquisition in detail
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HealthEdge's funding and investors
HealthEdge has raised a total funding of $108M over 19 rounds. Its first funding round was on Dec 20, 2005. Its latest funding round was a Venture Debt round on Jul 11, 2017 for $*****. 1 investor participated in its latest round. HealthEdge has 9 institutional investors.
Here is the list of recent funding rounds of HealthEdge:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 11, 2017 | 4226972 | Venture Debt | 7756543 | 4969867 | 5944934 | 8511843 |
2016 | 9531 | Series C | 7505 | 8915 | 6008 | |
Feb 2015 | 9603662 | Series C | 7085213 | 2655935 | 3811747 |
Access funding benchmarks and valuations. Sign up today!View details of HealthEdge's funding rounds and investors
HealthEdge's founders and board of directors
Founder? Claim ProfileThe founders of HealthEdge is Matthew Kuntz.
Here are the details of HealthEdge's key team members:
- Matthew Kuntz: CTO of HealthEdge. Contact Info: 1 email address
HealthEdge's Board of Directors
HealthEdge's board has 10 active members. Albert Waxman, Jeffrey Krauss, Steve Krupa, Glenn Anschutz, Matthew Hughes, Bradley Desmarias, Bradley K. Desmarais, Joseph Riley, Jan-Erik Lundberg and Robert Gillette are independent board members.Here is the list of HealthEdge's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 16y 11m | |
tjcinuh | Independent board member | - | Current | 7y 8m |
jpssznm | Independent board member | - | Current | 6y 1m |
zdltgdj | Independent board member | - | Current | 3y 3m |
ctnzdki | Independent board member | - | Current | 7y 2m |
gedletf | Independent board member | - | Current | 5y 4m |
eytqqnw | Independent board member | - | Current | 4y 2m |
owoauht | Independent board member | - | Current | 1y 6m |
sboohbg | Independent board member | - | Current | 2y 4m |
cicmybc | Independent board member | - | Current | 6y 7m |
View details of HealthEdge's Founder profiles and Board Members
HealthEdge's employee count trend
HealthEdge has 2,289 employees as of Jun 26. Here is HealthEdge's employee count trend over the years:
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HealthEdge's Competitors and alternates
Top competitors of HealthEdge include Change Healthcare, Novotech and Concert AI. Here is the list of Top 10 competitors of HealthEdge, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HealthEdge 2004, Burlington (United States), Acquired | Provider of a suite solutions for healthcare payer | $108M | 78/100 | |
2nd | Change Healthcare 2007, Nashville (United States), Acquired | Cloud-based suite solution for payers, providers and patients | $36M | 72/100 | |
3rd | Provider of clinical research services across all trial phases and therapeutic areas | $255M | 68/100 | ||
4th |  Concert AI 2018, Boston (United States), Series C | Provider of AI and real-world data solutions for life sciences | $300M | 64/100 | |
5th | Developer of AI foundation model to transform biological research | $76M | 62/100 | ||
6th | Dotmatics 2005, Bishop s Stortford (United Kingdom), Acquired | AI powered scientific data management and workflow automation solutions | $11.3M | 62/100 | |
7th |  Inovalon 1998, Bowie (United States), Acquired | Cloud-based data analytics platform for providers and payers | - | 61/100 | |
8th |  Zelis Healthcare 1995, Boston (United States), Funding Raised | Digital solutions to modernize the healthcare financial experience for payers, providers, and members | - | 59/100 | |
9th |  Trek Health 2021, San Mateo (United States), Series A | Cloud-based insurance workflow management tool | $13.7M | 59/100 | |
10th |  Availity 2001, Jacksonville (United States), Late Stage | Provider of cloud-based suite solutions for payers and providers | - | 58/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on HealthEdge's competitors? Click here to see the top ones
HealthEdge's Investments and acquisitions
HealthEdge has acquired 3 companies including Wellframe, Altruista Health and Burgess. HealthEdge has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 19, 2021 | Acquisition | 2011 | Boston (United States) | |
Dec 29, 2020 | Acquisition | 2007 | Reston (United States) | |
Jul 21, 2020 | Acquisition | 1997 | Alexandria (United States) |
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Reports related to HealthEdge
Here is the latest report on HealthEdge's sector:
News related to HealthEdge
Filter this listMedia has covered HealthEdge for a total of 11 events in the last 1 year, 3 of them have been about partnerships and 2 about company updates.
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Brigade Group Leases Office Space to HealthEdge in ThiruvananthapuramBusiness Line•Aug 20, 2026•HealthEdge
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HealthEdge and Peraton Secure Nearly $2 Billion in CMS ClaimsCore Modernization ContractsExecutiveBiz•Jun 03, 2026•Peraton, HealthEdge
•
HealthEdge Partners with Ellipsis Health to Scale Care AccessibilityGlobeNewswire•Apr 14, 2026•HealthEdge, Ellipsis Health
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Anterior Integrates Clinical AI into HealthEdge GuidingCare for Utilization ManagementHIT Consultant•Mar 03, 2026•Anterior, HealthEdge, Sequoia Capital, Kinnevik
•
HealthEdge and Suki Partner to Integrate AI in Care ManagementGlobeNewswire•Jan 28, 2026•HealthEdge, Suki
•
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HealthEdge Merges with UST HealthProof to Create AI-Driven Healthcare Payer PlatformGlobal Legal Chronicle•Sep 29, 2025•UST Healthproof, HealthEdge
•
HealthEdge Awarded on TIME’s List of the World’s Top HealthTech Companies 2025Business Wire•Sep 18, 2025•HealthEdge
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UST Closes Transaction with Bain Capital, UST HealthProof to Join HealthEdgeExpress Computer•Sep 04, 2025•UST, HealthEdge, Bain Capital, UST Healthproof
•
HealthEdge Recognized as a Sample Vendor in 2025 Gartner® Hype Cycle™Business Wire•Jul 09, 2025•HealthEdge
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