When was MedRisk founded?

MedRisk was founded in 1994 and raised its 1st funding round 22 years after it was founded.

Where is MedRisk located?

MedRisk is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania.

How many employees does MedRisk have?

As of Dec 31, 2022, MedRisk has 792 employees, reflecting a 7% year-over-year decline in headcount.

Is MedRisk a funded company?

MedRisk is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Feb 10, 2016.

When was the latest funding round of MedRisk?

MedRisk's latest funding was a $***** Conventional Debt round on 2018, with participation from 1 investor. Its primary sector is Healthcare IT. In United States, the Healthcare IT sector has seen $1.23B in funding in 2026 to date.

Where does MedRisk rank among its competitors?

MedRisk ranks 8th amongst 44 active competitors, of which 4 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Nomi Health, which secured an undisclosed amount in Aug, 2025.

Who are the top competitors of MedRisk?

MedRisk's top competitors include Nomi Health, MedXoom and WebMD Health Services. Among them, Nomi Health secured the most recent funding round in August, 2025.

MedRisk - 2026 Company Profile, Funding & Competitors

MedRisk is an acquired company based in King Of Prussia (United States), founded in 1994. It operates as an Integrated clinical oversight solutions for Managed Physical Medicine & Diagnostic Imaging. MedRisk has raised an undisclosed amount in funding. The company has 44 active competitors, including 4 funded and 13 that have exited. Its top competitors include companies like Nomi Health, MedXoom and WebMD Health Services.

Company Details

MedRisk provides managed PT/OT/chiropractic care, diagnostic imaging services, and FCEs for the workers' compensation industry. Solutions include Managed physical medicine, Managed diagnostic imaging, Delayed recovery solutions - Restore, Utilization review, Functional capacity evaluations, Document management, Data analytics, Best-practice claim-workflow automation, Specialty network services, Network integration, and Patient Advocacy. The company works serves Insurance Carriers, TPAs, State funds, Adjusters and Case Managers, Employers, Physicians, and Network Providers. Ranked among the 40 fastest-growing U.S. healthcare companies by Modern Healthcare magazine.

Website: www.medrisknet.com/
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Registered Address: King Of Prussia, Pennsylvania

Key Metrics

Founded Year

1994

Location

King Of Prussia, United States

Stage

Acquired

Latest Funding Round

Conventional Debt, 2018, $*****

Investors

PSP Investments & 1 more

Ranked

8^th among 44 active competitors

Employee Count

792 as on Dec 31, 2022

Investment & Acquisitions

Medata & 1 more

Similar Companies

Nomi Health & 56 more

Exit Details

Acquired by CVC (Feb 23, 2021)

View MedRisk's full profile

MedRisk is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MEDRISK, INC. CIN: 232788593 , United States, Active	Dec 31, 1999	-	792 (As on Dec 31, 2022)	-

MedRisk got acquired by CVC on Feb 23, 2021. It was facilitated by Centerview Partners, Truist Securities, The Carlyle Group and 3 more.

Click here to take a look at MedRisk's acquisition in detail

MedRisk has raised funding over 2 rounds. Its first funding round was on Feb 10, 2016. Its latest funding round was a Conventional Debt round on 2018 for $*****. 1 investor participated in its latest round. MedRisk has 2 institutional investors.

Here is the list of recent funding rounds of MedRisk:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2018	8406	Conventional Debt	5026	3636	3436	2826
Feb 10, 2016	1008467	PE	8680210	9106936	6979448	TA

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View details of MedRisk's funding rounds and investors

MedRisk's employee count trend

MedRisk has 792 employees as of Dec 22. The total employee count is 7.0% lower than what it was in Dec 21. Here is MedRisk's employee count trend over the years:

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Top competitors of MedRisk include Nomi Health, MedXoom and WebMD Health Services. Here is the list of Top 10 competitors of MedRisk, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nomi Health 2018, Orem (United States), Series A	Provider of diversified system and services for health care sector	$110M	Rose Park Advisors, Arbor Ventures & 7 others	62/100
2nd	MedXoom 2013, Boca Raton (United States), Acquired	Cloud-based health benefits management platform for employers, patients, and providers	$11.4M	TTV Capital, Las Olas & 3 others	59/100
3rd	WebMD Health Services 2002, Portland (United States), Unfunded	Cloud-based suite solution for organizations and employee	-	-	55/100
4th	Ribbon Health 2016, New York City (United States), Acquired	Provider of predictive data analytics platform for healthcare providers	$59.1M	Andreessen Horowitz, General Catalyst & 16 others	54/100
5th	NRC Health 1981, Lincoln (United States), Public	Provider of solutions that facilitate measurement and improvement of the patient and employee experience	-	OCA Ventures, First National Bank & 1 others	51/100
6th	Alegeus 1995, Waltham (United States), Acquired	Provider of healthcare benefits administration solutions	-	Ares Capital Corporation, Lightyear Capital ... & 1 others	50/100
7th	Superior Dental Care 1984, Centerville (United States), Acquired	Dental benefits innovator providing affordable, quality dental care and support	-	-	44/100
8th	MedRisk 1994, King Of Prussia (United States), Acquired	Integrated clinical oversight solutions for Managed Physical Medicine & Diagnostic Imaging	-	PSP Investments, TA	42/100
9th	TPA Stream 2014, Cleveland (United States), Seed	Benefits administration solution streamlining claims, invoicing, and communications for administrators	$3.42M	North Coast Ventures, Plug and Play Tech Center ... & 7 others	41/100
10th	MCG Health 1990, Seattle (United States), Unfunded	Informed healthcare strategies and solutions for improved patient care	-	-	39/100