When was Medsphere Systems founded?

Medsphere Systems was founded in 2002 and raised its 1st funding round 3 years after it was founded.

Where is Medsphere Systems located?

Medsphere Systems is headquartered in Carlsbad, United States. It is registered at Carlsbad, California.

Who is the current CEO of Medsphere Systems?

Irv H Lichtenwald of Medsphere Systems.

How many employees does Medsphere Systems have?

As of Jul 31, 2026, the latest employee count at Medsphere Systems is 115.

Is Medsphere Systems a funded company?

Medsphere Systems is a funded company, having raised a total of $151M across 15 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jan 25, 2005.

When was the latest funding round of Medsphere Systems?

Medsphere Systems' latest funding was a $***** Conventional Debt round on Oct 28, 2021, with participation from 1 investor. Its primary sector is Open Source. In United States, the Open Source sector has seen $8.29B in funding in 2026 to date.

Where does Medsphere Systems rank among its competitors?

Medsphere Systems ranks 6th amongst 3373 active competitors, of which 157 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Tebra, which secured $250M in Dec, 2025.

Who are the top competitors of Medsphere Systems?

Medsphere Systems' top competitors include athenahealth, ModMed and HealthPlix. Among them, Tebra secured the most recent funding round in December, 2025.

Medsphere Systems - 2026 Company Profile, Team, Funding & Competitors

Medsphere Systems is a series F company based in Carlsbad (United States), founded in 2002. It operates as an Open-source software provider for healthcare organizations. Medsphere Systems has raised $151M in funding from investors like Azure Capital Partners, Morgan Stanley and Western Technology Investment. The company has 3373 active competitors, including 157 funded and 177 that have exited. Its top competitors include companies like athenahealth, ModMed and HealthPlix.

Company Details

Medsphere Systems provides open source software for the healthcare industry. It offers OpenVista, a portfolio of products and professional services for hospitals, clinics, and integrated delivery networks. It includes OpenVista Enterprise, an electronic health record solution that offers patient and health information management system, clinical information system, laboratory, pharmacy, radiology, nutrition and food service, and interface suite modules. In addition, the company offers implementation, training, support, and development services.

Website: www.medsphere.com
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Registered Address: Carlsbad, California

Key Metrics

Founded Year

2002

Location

Carlsbad, United States

Stage

Series F

Total Funding

$151M in 15 rounds

Latest Funding Round

Conventional Debt, Oct 28, 2021, $*****

Investors

Azure Capital Partners & 13 more

Ranked

6^th among 3373 active competitors

Employee Count

115 as on Jul 31, 2026

Investment & Acquisitions

Systeem Medical & 5 more

Similar Companies

athenahealth & 4469 more

View Medsphere Systems' full profile

Medsphere Systems is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MEDSPHERE SYSTEMS CORPORATION CIN: 460468810 , United States, Active	Dec 26, 999	-	162 (As on Dec 31, 2024)	-

Medsphere Systems has raised a total funding of $151M over 15 rounds. Its first funding round was on Jan 25, 2005. Its latest funding round was a Conventional Debt round on Oct 28, 2021 for $*****. 1 investor participated in its latest round. Medsphere Systems has 14 institutional investors.

Here is the list of recent funding rounds of Medsphere Systems:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 28, 2021	8957079	Conventional Debt	3069518	4248069	1179672	9024883
Jan 13, 2020	3199751	Series F	5714172	5815259	8114506	3378049
Dec 13, 2018	3606881	Series E	9045928	5890286	Morgan Stanley	East West Bank

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View details of Medsphere Systems's funding rounds and investors

Medsphere Systems' employee count trend

Medsphere Systems has 115 employees as of Jul 26. Here is Medsphere Systems's employee count trend over the years:

Employee count trend for Medsphere Systems

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Top competitors of Medsphere Systems include athenahealth, ModMed and HealthPlix. Here is the list of Top 10 competitors of Medsphere Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	athenahealth 1997, Watertown (United States), Acquired	Cloud-based administrative tool for healthcare providers	$49.1M	Ares Capital Corporation, Cardinal Partners ... & 12 others	87/100
2nd	ModMed 2010, Boca Raton (United States), Acquired	Cloud-based EMR and practice management software for clinics	$329M	Summit Partners, Pentland & 9 others	81/100
3rd	HealthPlix 2014, Bengaluru (India), Series C	Provider of EMR and clinic management software for healthcare professionals	$43M	Chiratae Ventures, Lightspeed & 20 others	73/100
4th	Hint Health 2013, San Francisco (United States), Series B	Provider of a SaaS-based practice management solution for healthcare professionals	$60.1M	AXA Venture Partners, StartX & 22 others	68/100
5th	Epic Systems 1979, Madison (United States), Funding Raised	Provider of suite software solutions for healthcare organizations	-	DSA Investments, Premji Invest & 4 others	67/100
6th	Medsphere Systems 2002, Carlsbad (United States), Series F	Open-source software provider for healthcare organizations	$151M	Western Technology Investment, Sixth Street ... & 12 others	66/100
7th	MEDITECH 1969, Westwood (United States), Funding Raised	Developer of electronic health record software and related healthcare solutions	-	Summit Partners, Greylock Partners & 1 others	64/100
8th	Docon 2013, Bengaluru (India), Acquired	Digital healthcare platform to streamline medical practices and enhance patient care	-	-	64/100
9th	Somnoware 2013, Sunnyvale (United States), Acquired	Cloud platform streamlining sleep and respiratory care management workflows	$13.1M	CerraCap Ventures, Global Health Impact Fund ... & 3 others	64/100
10th	Tebra 2021, Corona (United States), Series D	Cloud based platform offering practice management tool for providers	$322M	Golub Growth, Slwcarehomes & 15 others	63/100

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Medsphere Systems has not made any investments yet. Medsphere Systems has made 6 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 13, 2021	Acquisition	Systeem Medical	2009	Plano (United States)
Jan 25, 2021	Acquisition	Marketware	2014	Midvale (United States)
Nov 19, 2020	Acquisition	Micro-Office Systems	1985	Euclid (United States)