MMIT Network - About the company
MMIT Network is an acquired company based in Yardley (United States), founded in 1994. It operates as a Provider of data, analytics, and software for pharmaceutical and healthcare sectors. MMIT Network has raised $27.4M in funding from HgCapital Trust. The company has 69 active competitors, including 8 funded and 6 that have exited. Its top competitors include companies like Memed, Epocrates and Yuimedi.
Company Details
Provider of data, analytics, and software for pharmaceutical and healthcare sectors. The company offers real-world data solutions, payer data intelligence, and insights for providers. It delivers pricing submissions, program navigation, medical drug lists, and promotional solutions. The company’s offerings include market access strategies, patient journey analysis, and brand performance insights.
- Website
- mmitnetwork.com
- Email ID
- *****@mmitnetwork.com
- Phone Number
- +1 **********
- Registered Address
- Yardley, Pennsylvania
Key Metrics
Founded Year
1994
Location
Yardley, United States
Stage
Acquired
Total Funding
$27.4M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 69 active competitors
Employee Count
433 as on Jun 30, 2026
Exit Details
Acquired by Susquehanna Growth Equity (Apr 18, 2011)
Legal entities associated with MMIT Network
MMIT Network is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MANAGED MARKETS INSIGHT & TECHNOLOGY LLC CIN: 273143658 , United States, Active | Dec 26, 999 | - | 1300 (As on Dec 31, 2023) | - |
MMIT Network's acquisition details
MMIT Network got acquired by Susquehanna Growth Equity on Apr 18, 2011.
Click here to take a look at MMIT Network's acquisition in detail
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MMIT Network's funding and investors
MMIT Network has raised a total funding of $27.4M over 2 rounds. Its first funding round was on 2011. Its latest funding round was a Series B round on Aug 20, 2021 for $*****. 1 investor participated in its latest round. MMIT Network has 3 institutional investors.
Here is the list of recent funding rounds of MMIT Network:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 20, 2021 | 8920188 | Series B | 7477807 | 1094813 | 3135733 | 2346560 |
2011 | 4355 | Series A | 4379 | 1721 | 7209 |
View details of MMIT Network's funding rounds and investors
MMIT Network's founders and board of directors
Founder? Claim ProfileMMIT Network's employee count trend
MMIT Network has 433 employees as of Jun 26. Here is MMIT Network's employee count trend over the years:
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MMIT Network's Competitors and alternates
Top competitors of MMIT Network include Memed, Epocrates and Yuimedi. Here is the list of Top 10 competitors of MMIT Network, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Application with curated drug information used by physicians | $97.9M | 57/100 | ||
2nd | Epocrates 1998, San Mateo (United States), Acquired | Clinical decision support tool providing continually updated medical content for clinicians | $35M | 54/100 | |
3rd | Provider of medical data analysis platform to enhance the healthcare system | $8.34M | 53/100 | ||
4th | MMIT Network 1994, Yardley (United States), Acquired | Provider of data, analytics, and software for pharmaceutical and healthcare sectors | $27.4M | 46/100 | |
5th | Wolters Kluwer Clinical Drug Information 1978, Hudson (United States), Unfunded | Drug decision support solutions empowering healthcare professionals with trusted drug information | - | - | 44/100 |
6th | Pharmacodia 2013, Beijing (China), Series B | Online database solutions for pharmaceutical R&D | $14.5M | 40/100 | |
7th | AI-based drug information and patient profiling tool for healthcare professionals | $9.54M | 39/100 | ||
8th | First Databank 1982, Lincolnton (United States), Unfunded | Medication decision support and drug database solutions for healthcare improvement | - | - | 38/100 |
9th | DIMS 2014, Dhaka (Bangladesh), Unfunded | A mobile based Drug Information Management System | - | - | 38/100 |
10th | Pharma Intelligence 1998, London (United Kingdom), Acquired | Provides tools and solutions for pharmaceutical management | - | - | 37/100 |
Looking for more details on MMIT Network's competitors? Click here to see the top ones
MMIT Network's Investments and acquisitions
MMIT Network has acquired 2 companies including Panalgo and Dedham Group. MMIT Network has not made any investments as of now.Reports related to MMIT Network
Here is the latest report on MMIT Network's sector:
News related to MMIT Network
•
MMIT Announces Game-Changing Solution for Life Sciences CompaniesGlobeNewswire•Feb 17, 2022•MMIT Network, Panalgo
•
MMIT / Evaluate Acquires Penalgo to Bring Speed and Trust to Pharmaceutical Analysis and Decision MakingBusiness Wire•Oct 02, 2021•MMIT Network, Evaluate, Panalgo
•
HgCapital Trust to invest GBP20 million in MMITMorningstar•Aug 20, 2021•HgCapital Trust, MMIT Network
•
Susquehanna Growth Equity invests in MediSpendPrivate Equity Wire•May 27, 2021•MediSpend, Susquehanna Growth Equity, HMP Global, iContracts and 2 others
•
MMIT & The Dedham Group Unite to Smooth Access to TherapyGlobeNewswire•Apr 27, 2021•MMIT Network, Dedham Group
•
Kyber Data Science Announces New Senior HiresGlobeNewswire•Nov 16, 2020•Cowen, Decision Resources Group, MMIT Network, SVB Leerink
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