Praxify - About the company
Praxify is an acquired company based in Pune (India), founded in 2010 by Abhijit Gupta and Ram Sahasranam. It operates as a Cloud based physician Practice Management Solution with an integrated EHR on mobile/tablet. Praxify has raised an undisclosed amount in funding, with last known valuation of $*****. 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
Praxify, product of Xtremum Solutions, is a cloud based practice management solution with an integrated point-of-care mobile/tablet based EMR application designed to cater the needs of doctors, physicians, and their day-to-day practice. It works as an enterprise plugin to existing healthcare infrastructure, minimizing the effort and cost of installing a new HMIS and maximizing the return of investment for the enterprise and its users. It is one of the startups of summer batch of Microsoft accelerator program for 2014.
- Website
- praxify.com
- Social
- Registered Address
- Block A, Floor 9, Global Infocity Park, Dr. MGR Road, Kandanchavadi, Perungudi, Chennai, Chennai, Tamil Nadu, India, 600096
Key Metrics
Founded Year
2010
Location
Pune, India
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Jun 08, 2017
Investors
Ranked
249th among 3373 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2022
Employee Count
10 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by athenahealth (Jun 08, 2017)
Legal entities associated with Praxify
Praxify is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PRAXIFY TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U72200TN2015PTC141428 , India, Amalgamated | Jul 20, 2015 | ₹50 - ₹100 Cr (As on Mar 31, 2022) | 38 (As on Jan 31, 2023) |
Praxify's acquisition details
Praxify got acquired by athenahealth on Jun 08, 2017 at an acquisition amount of $*****.
Click here to take a look at Praxify's acquisition in detail
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Praxify's funding and investors
Praxify has raised funding over 1 round. Its latest funding round was a Seed round on May 23, 2014 for $*****. 1 investor participated in its latest round. Praxify has 1 institutional investor.
Here is the list of recent funding rounds of Praxify:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 23, 2014 | 5692895 | Seed | 3246641 | 3530138 | 5986689 | 2734460 |
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Praxify's founders and board of directors
Founder? Claim ProfileThe founders of Praxify are Abhijit Gupta and Ram Sahasranam.
Here are the details of Praxify's key team members:
- Abhijit Gupta: Former Co-Founder of Praxify.
- Ram Sahasranam: Former Co-Founder of Praxify.
View details of Praxify's Founder profiles and Board Members
Praxify's employee count trend
Praxify has 10 employees as of Mar 26. Here is Praxify's employee count trend over the years:
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Praxify's Competitors and alternates
Top competitors of Praxify include athenahealth, ModMed and HealthPlix. Here is the list of Top 10 competitors of Praxify, ranked by Tracxn score:
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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 | 87/100 | |
2nd |  ModMed 2010, Boca Raton (United States), Acquired | Cloud-based EMR and practice management software for clinics | $329M | 81/100 | |
3rd |  HealthPlix 2014, Bengaluru (India), Series C | Provider of EMR and clinic management software for healthcare professionals | $43M | 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 | 68/100 | |
5th | Epic Systems 1979, Madison (United States), Funding Raised | Provider of suite software solutions for healthcare organizations | - | 67/100 | |
6th | Medsphere Systems 2002, Carlsbad (United States), Series F | Open-source software provider for healthcare organizations | $151M | 66/100 | |
7th |  MEDITECH 1969, Westwood (United States), Funding Raised | Developer of electronic health record software and related healthcare solutions | - | 64/100 | |
8th | 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 | 64/100 | |
10th |  Tebra 2021, Corona (United States), Series D | Cloud based platform offering practice management tool for providers | $322M | 63/100 | |
249th | Cloud based physician Practice Management Solution with an integrated EHR on mobile/tablet | - | 34/100 |
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Praxify's Investments and acquisitions
Praxify has made no investments or acquisitions yet.
Reports related to Praxify
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