SamaCare - About the company
SamaCare is a series B company based in San Francisco (United States), founded in 2010 by Syam Palakurthy. It operates as a Provider of platform to manage prior authorisation solutions. SamaCare has raised $34.8M in funding from Questa Capital and Vive. The company has 58 active competitors, including 17 funded and 5 that have exited. Its top competitors include companies like NantHealth, Cohere Health and OncoHealth.
Company Details
SamaCare provides a platform to manage prior authorization solutions. The company offers an online tool for practitioners to pre-authorize medical prescriptions, equipment, and other treatment therapies with the insured providers. The tool also helps patients and practitioners to view the insurance coverage over the medicines bought and billed at the hospitals.
- Website
- samacare.com
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Series B
Total Funding
$34.8M in 4 rounds
Latest Funding Round
Investors
Ranked
1st among 58 active competitors
Employee Count
50 as on Apr 30, 2026
Similar Companies
Legal entities associated with SamaCare
SamaCare is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SAMACARE INC CIN: 823348275 , United States, Active | Oct 12, 2017 | - | 50 (As on Dec 31, 2024) | - |
SamaCare Inc CIN: 20221574329 , United States, Active | Jun 08, 2022 | - | - | - |
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SamaCare's funding and investors
SamaCare has raised a total funding of $34.8M over 4 rounds. Its first funding round was on May 16, 2019. Its latest funding round was a Series B round on May 21, 2024 for $*****. 3 investors participated in its latest round. SamaCare has 7 institutional investors.
Here is the list of recent funding rounds of SamaCare:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 21, 2024 | 8688220 | Series B | 9793696 | 7199798 | 1267604 | 9601234 |
Jun 01, 2022 | 2374353 | Series A | 1050162 | 4177344 | 3414862 | |
Mar 03, 2021 | 5498122 | Series A | 4754662 | 3897934 | 2551399 | 9579823 |
View details of SamaCare's funding rounds and investors
SamaCare's founders and board of directors
Founder? Claim ProfileThe founders of SamaCare is Syam Palakurthy. Syam Palakurthy is the CEO of SamaCare.
Here are the details of SamaCare's key team members:
- Syam Palakurthy: Co-Founder & CEO of SamaCare. They serve on the board of 1 company.Contact Info: 1 email address
SamaCare's Board of Directors
SamaCare's board has 2 active members. Syam Palakurthy and Scott Zhang are independent board members.Here is the list of SamaCare's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 7y 0m | |
beetbhs | Independent board member | - | Current | 3y 3m |
View details of SamaCare's Founder profiles and Board Members
SamaCare's employee count trend
SamaCare has 50 employees as of Apr 26. Here is SamaCare's employee count trend over the years:
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SamaCare's Competitors and alternates
Top competitors of SamaCare include NantHealth, Cohere Health and OncoHealth. Here is the list of Top 10 competitors of SamaCare, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SamaCare 2010, San Francisco (United States), Series B | Provider of platform to manage prior authorisation solutions | $34.8M | 66/100 | |
2nd | NantHealth 2007, El Segundo (United States), Public | Provider of bioinformatics platform to find treatment for cancer and other diseases | $608M | 65/100 | |
3rd | Cohere Health 2019, Boston (United States), Series C | Provider of prior authorization solutions to improve patient care | $200M | 63/100 | |
4th | OncoHealth 2009, Atlanta (United States), Acquired | Online platform providing health solutions for providers and patients involved in cancer care. | $56.5M | 63/100 | |
5th | Humata 2023, Winter Park (United States), Series B | Platform offering prior authorization processes through AI and automation | $25M | 60/100 | |
6th | Arrive Health 2013, Denver (United States), Series B | Provider of information services to patients | $62.5M | 57/100 | |
7th | Basys.ai 2022, Cambridge (United States), Seed | Provider of SaaS-based platform for clinical decision-making for doctors at hospitals | $2.4M | 56/100 | |
8th | Silna Health 2023, New York City (United States), Series A | Provider of healthcare company specializing in automating benefits and prior authorization processes for providers | $27M | 53/100 | |
9th | Develop Health 2022, Menlo Park (United States), Series A | Provider of AI-powered prior authorization solutions for healthcare | $31.9M | 47/100 | |
10th | Itiliti Health 2019, Eden Prairie (United States), Seed | Cloud-based prior authorization documentation and management tools for payers | $5.46M | 44/100 |
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SamaCare's Investments and acquisitions
SamaCare has made no investments or acquisitions yet.
News related to SamaCare
Media has covered SamaCare for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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SamaCare Secures $17M to Scale Specialty Drug Prior Authorization PlatformHIT Consultant•May 21, 2024•SamaCare, Questa Capital, Vive, South Park Commons
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SamaCare Welcomes Komodo Health CEO Arif Nathoo to Board of DirectorsWATE 6 On Your Side•Apr 05, 2023•SamaCare
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