Rhapsody - About the company
Rhapsody is an acquired company based in Boston (United States), founded in 2018. It operates as an Interoperability solutions accelerating digital health through seamless data exchange and stronger connections. Rhapsody has raised $13.2M in funding. The company has 122 active competitors, including 12 funded and 8 that have exited. Its top competitors include companies like Dedalus, Health Gorilla and CalmWave.
Company Details
Interoperability solutions accelerating digital health through seamless data exchange and stronger connections. The company is a digital health enablement platform specializing in healthcare integration, identity management, and clinical terminology. It empowers care providers, health tech builders, and public health teams to accelerate the adoption of digital health innovation. The company offers API-enabled solutions that are composable and flexible, deployable in various cloud environments or as an iPaaS. Its products include integration engines, automated integrations, and semantic terminology management tools. Services encompass professional support and education. The company focuses on solving problems related to API, FHIR, and HL7 integration, interoperability, cloud migration, EHR integration, and scalable growth. It provides resources like best practices, guides, blogs, and product information. The company aims to simplify integration tasks, automate routine workflows, and reduce the integration burden, enabling clients to grow their businesses and recognize value more quickly.
- Website
- rhapsody.health
Key Metrics
Founded Year
2018
Location
Boston, United States
Stage
Acquired
Total Funding
$13.2M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 122 active competitors
Employee Count
390 as on Jul 31, 2026
Exit Details
Acquired by Hg (Oct 31, 2018)
Rhapsody's acquisition details
Rhapsody got acquired by Hg on Oct 31, 2018.
Click here to take a look at Rhapsody's acquisition in detail
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Rhapsody's funding and investors
Rhapsody has raised a total funding of $13.2M over 2 rounds. Its first funding round was on Jan 21, 2022. Rhapsody has 2 institutional investors.
Here is the list of recent funding rounds of Rhapsody:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 29, 2023 | 3639875 | Series A | 6147390 | 5478831 | 7332789 | 5766380 |
Jan 21, 2022 | 4305730 | Seed | 1266541 | 2291725 | 8721770 | 1781127 |
View details of Rhapsody's funding rounds and investors
Rhapsody's founders and board of directors
Founder? Claim ProfileRhapsody's employee count trend
Rhapsody has 390 employees as of Jul 26. Here is Rhapsody's employee count trend over the years:
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Rhapsody's Competitors and alternates
Top competitors of Rhapsody include Dedalus, Health Gorilla and CalmWave. Here is the list of Top 10 competitors of Rhapsody, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of advanced software solutions that enhance healthcare interoperability | $26.9M | 64/100 | ||
2nd | Health Gorilla 2014, Coral Gables (United States), Series C | Provider of healthcare information network platform to access patient data | $80M | 58/100 | |
3rd | Rhapsody 2018, Boston (United States), Acquired | Interoperability solutions accelerating digital health through seamless data exchange and stronger connections | $13.2M | 57/100 | |
4th | CalmWave 2022, Seattle (United States), Seed | Provider of AI-based platform to remediate alarms and improve staff retention | $13.6M | 53/100 | |
5th | Onyx 2020, Elkridge (United States), Unfunded | Provider of AI-based interoperability software for health data management | - | - | 44/100 |
6th | Offers streamlined health check programs, precision health data, and digital workflows to enhance patient outcomes. | $250K | 43/100 | ||
7th | RxDataScience 2015, Morrisville (United States), Acquired | AI based data science software solutions for pharmaceutical & healthcare companies | - | - | 40/100 |
8th | Interoperability solutions for secure sharing of data among providers | - | 39/100 | ||
9th | L2S2 2006, Cambridge (United Kingdom), Unfunded | Provider of AI-based clinical interoperability platform | - | - | 37/100 |
10th | Cambridge Soft 1986, Cambridge (United States), Acquired | Discovery, collaboration, and knowledge enterprise solutions | $57.4M | 36/100 |
Looking for more details on Rhapsody's competitors? Click here to see the top ones
Rhapsody's Investments and acquisitions
Rhapsody has acquired 2 companies including CareCom and NextGate. Rhapsody has not made any investments as of now.Reports related to Rhapsody
Here is the latest report on Rhapsody's sector:
News related to Rhapsody
Media has covered Rhapsody for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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Rhapsody Launches AI-Powered Payer Interoperability Suite on Epic ShowroomPR Newswire•Aug 18, 2026•Rhapsody
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Owlet Partners with Rhapsody to Connect Remote Baby Monitoring Data to EHRsBusiness Wire•Nov 12, 2025•Rhapsody, Owlet
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M42 and Rhapsody Partner to Advance Precision Medicine and Global Health InteroperabilityHIT Consultant•Jan 31, 2025•M42, Rhapsody, Microsoft
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Rhapsody Earns Best in KLAS® Distinction in Integration Engine Category for 15th Consecutive YearBusiness Wire•Feb 07, 2024•Rhapsody
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Blackford and Rhapsody Announce Strategic Partnership to Enhance Clinical Decision MakingGlobeNewswire•Nov 27, 2023•Blackford Analysis, Rhapsody
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Rhapsody Names Sagnik Bhattacharya Chief Executive OfficerBusiness Wire•Sep 13, 2023•Rhapsody, HealthEdge
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