ProMedica - About the company
ProMedica is an acquired company based in Toledo (United States), founded in 1986. It operates as a Healthcare provider and system offering a range of medical services and patient engagement tools. ProMedica has raised $37.5K in funding. The company has 269 active competitors, including 3 funded and 33 that have exited. Its top competitors include companies like Trinity Health, AdventHealth and Tenet Healthcare.
Company Details
Healthcare provider and system offering a range of medical services and patient engagement tools. It is a mission-driven health care organization focused on improving health and well-being. They offer a range of services including medical care, financial management, and career opportunities.
- Website
- www.promedica.org/
- Email ID
- *****@promedica.org
- Registered Address
- Toledo, Ohio
Key Metrics
Founded Year
1986
Location
Toledo, United States
Stage
Acquired
Total Funding
$37.5K in 13 rounds
Latest Funding Round
Ranked
5th among 269 active competitors
Employee Count
9,923 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Danone (Mar 31, 2023)
Legal entities associated with ProMedica
ProMedica is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Promedica Health System, Inc. CIN: 341517671 , United States, Active | Dec 26, 999 | - | 18261 (As on Dec 31, 2024) | - |
ProMedica's acquisition details
ProMedica got acquired by Danone on Mar 31, 2023.
Click here to take a look at ProMedica's acquisition in detail
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ProMedica's funding and investors
ProMedica has raised a total funding of $37.5K over 13 rounds. Its first funding round was on Jul 07, 2008. Its latest funding round was a Grant (prize money) round on 2024 for $*****. 1 investor participated in its latest round. ProMedica has 2 institutional investors.
Here is the list of recent funding rounds of ProMedica:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2024 | 4302 | Grant (prize money) | 7205 | 1154 | 1678 | 4653 |
2021 | 6130 | Grant (prize money) | 7571 | 7889 | 6805 | |
2020 | 5788 | Grant (prize money) | 6011 | 8616 | 2803 |
View details of ProMedica's funding rounds and investors
ProMedica's founders and board of directors
Founder? Claim ProfileProMedica's employee count trend
ProMedica has 9,923 employees as of Aug 26. Here is ProMedica's employee count trend over the years:
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ProMedica's Competitors and alternates
Top competitors of ProMedica include Trinity Health, AdventHealth and Tenet Healthcare. Here is the list of Top 10 competitors of ProMedica, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Trinity Health 2000, Livonia (United States), Funding Raised | Health system | - | 71/100 | |
2nd | AdventHealth 1908, Altamonte Springs (United States), Early Stage | Health system | $1.38M | 69/100 | |
3rd | Tenet Healthcare 1967, Dallas (United States), Public | Health systems | - | 68/100 | |
4th | Adventist Health 1973, Roseville (United States), Late Stage | Faith-based healthcare provider inspiring health, wholeness, and hope across the West Coast | $150M | 66/100 | |
5th | ProMedica 1986, Toledo (United States), Acquired | Healthcare provider and system offering a range of medical services and patient engagement tools | $37.5K | 67/100 | |
6th | Baptist Health South Florida 1960, Coral Gables (United States), Acquired | Faith-based healthcare provider improving health through compassionate service and innovation | - | 66/100 | |
7th | WellSpan 1880, York (United States), Funding Raised | Health system | - | 65/100 | |
8th | Ascension 1999, St. Louis (United States), Early Stage | Health systems | $554K | 64/100 | |
9th | Mount Sinai 1852, United States, Funding Raised | Health system | - | 64/100 | |
10th | Sentara 1999, Suffolk (United States), Funding Raised | Health system | - | 64/100 |
Looking for more details on ProMedica's competitors? Click here to see the top ones
ProMedica's Investments and acquisitions
ProMedica has made 7 investments in companies including Kumanu and S4 Medical. ProMedica has also acquired 2 companies including HCR ManorCare and HCR ManorCare.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 04, 2020 | Investments | 2015 | Ann Arbor (United States) | |
Feb 13, 2020 | Investments | 2017 | Columbus (United States) | |
Jan 21, 2020 | Investments | 2017 | Washington, DC (United States) |
See all investments by ProMedica
Reports related to ProMedica
Here is the latest report on ProMedica's sector:
News related to ProMedica
Media has covered ProMedica for 1 event in last 1 year, It was about company updates.
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Nomi Health Welcomes ProMedica to Its Direct NetworkBusiness Wire•Jan 28, 2026•Nomi Health, ProMedica
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ProMedica, Nationwide Children's 'forced' to end partnership after Mercy Health lawsuitBecker's Hospital Review•Jan 31, 2025•ProMedica, Mercy Health
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Michigan system CEO shares key leadership insights for hospital acquisitionsBecker's Hospital Review•Jan 04, 2025•Insight Healthcare Group, ProMedica
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ProMedica to sell Michigan hospitalBecker's Hospital Review•Sep 17, 2024•ProMedica, Insight Healthcare Group
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ProMedica to close skilled nursing, rehabilitation services at Ohio hospitalBecker's Hospital Review•Apr 02, 2024•ProMedica
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Medical Mutual to buy ProMedica's insurance businessBecker's Hospital Review•Jan 29, 2024•Medical Mutual of Ohio, Paramount, Paramount Health Services, ProMedica
•
American Healthcare Systems revealed as buyer of ProMedica hospitalBecker's Hospital Review•May 26, 2023•Amhealthsystems, ProMedica
•
Danone acquires Promedica to accelerate its specialist nutrition divisionFusoes & Aquisicoes•Apr 21, 2023•Danone, ProMedica
•
Danone expands in Specialized Nutrition in Poland with Promedica acquisitionReuters•Apr 11, 2023•Danone, Promedica24, ProMedica
•
Gentiva to Acquire Heartland Hospice and Home Care from ProMedicaPR Newswire•Feb 27, 2023•Gentiva, ProMedica
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