When was Nextech Systems founded?

Nextech Systems was founded in 1997 and raised its 1st funding round 16 years after it was founded.

Where is Nextech Systems located?

Nextech Systems is headquartered in Tampa, United States. It is registered at Tampa, Florida.

How many employees does Nextech Systems have?

As of Aug 31, 2026, the latest employee count at Nextech Systems is 596.

Is Nextech Systems a funded company?

Nextech Systems is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Oct 08, 2013.

When was the latest funding round of Nextech Systems?

Nextech Systems' latest funding was a $***** PE round on Oct 08, 2013, with participation from 1 investor.

Where does Nextech Systems rank among its competitors?

Nextech Systems ranks 13th amongst 3373 active competitors, of which 157 are funded. It stands 11th 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 Nextech Systems?

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

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

Q: Is Nextech Systems an acquired company?

Nextech Systems got acquired by TPG on Jul 19, 2023.

Company Details

Nextech Systems offers an all-in-one software solution that includes electronic medical records, practice management, revenue management, and patient engagement software for Dermatology, Ophthalmology, and Plastic Surgery practices. The company claims its solution is ONC Certified, ICD-10 Ready. According to Nextech, its solutions are designed to meet the workflow requirements of specialty providers using a single platform across their clinical, administrative, financial, and marketing functions. Nextech offers both cloud-based and client-server offerings.

Website: nextech.com
Social
Registered Address: Tampa, Florida

Key Metrics

Founded Year

1997

Location

Tampa, United States

Stage

Acquired

Latest Funding Round

PE, Oct 08, 2013, $*****

Investors

Francisco Partners & 2 more

Ranked

13^th among 3373 active competitors

Employee Count

596 as on Aug 31, 2026

Investment & Acquisitions

ORIC Pharmaceuticals & 6 more

Similar Companies

athenahealth & 4444 more

Exit Details

Acquired by TPG (Jul 19, 2023)

View Nextech Systems' full profile

Nextech Systems is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NEXTECH SYSTEMS, LLC CIN: 753068939 , United States, Active	Dec 26, 999	-	498 (As on Dec 31, 2024)	-

Nextech Systems got acquired by TPG on Jul 19, 2023 at an acquisition amount of $*****.

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

Nextech Systems has raised funding over 1 round. Its latest funding round was a PE round on Oct 08, 2013 for $*****. 1 investor participated in its latest round. Nextech Systems has 3 institutional investors.

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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 08, 2013	8544859	PE	9141944	1363204	5004570	5335241

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View details of Nextech Systems's funding rounds and investors

The founders of Nextech Systems is Kamal Majeed.

Here are the details of Nextech Systems' key team members:

Kamal Majeed: Former Founder of Nextech Systems and founder of 1 other company.
Mike Scarbrough: Co-Founder & Director of Nextech Systems.

View details of Nextech Systems's Founder profiles and Board Members

Nextech Systems' employee count trend

Nextech Systems has 596 employees as of Aug 26. Here is Nextech Systems's employee count trend over the years:

Employee count trend for Nextech Systems

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Top competitors of Nextech Systems include athenahealth, ModMed and HealthPlix. Here is the list of Top 10 competitors of Nextech 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	Azure Capital Partners, Western Technology Investment ... & 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
13th	Nextech Systems 1997, Tampa (United States), Acquired	All-in-one practice management system for Dermatology, Ophthalmology and Plastic Surgery practices	-	Francisco Partners, Apollo Investment Corporation ... & 1 others	62/100

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Nextech Systems has made 3 investments in companies including ORIC Pharmaceuticals and ORIC Pharmaceuticals. Nextech Systems has also acquired 4 companies including TouchMD and MyMedLeads.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 28, 2025	Investments	ORIC Pharmaceuticals	2014	San Francisco (United States)
Jan 22, 2024	Investments	ORIC Pharmaceuticals	2014	San Francisco (United States)
Feb 09, 2023	Investments	Cargo Therapeutics	2021	San Mateo (United States)