TriZetto - About the company
TriZetto is an acquired company based in Greenwood Village (United States), founded in 1997. It operates as a Provider of software solution for healthcare payers and providers. TriZetto has raised $10.5M in funding. The company has 867 active competitors, including 139 funded and 111 that have exited. Its top competitors include companies like FintechOS, Bestow and iPipeline.
Company Details
Trizetto is an IT software developer and services provider to healthcare payers and providers. Payer solutions include benefits administration, care management, network management, and portal platforms, as well as consulting, application management, and business management services. Provider solutions include real-time eligibility assurance, claims editing, revenue cycle management technology, and services that help providers get paid quickly and accurately.
- Website
- trizetto.com
- Email ID
- *****@trizetto.com
Key Metrics
Founded Year
1997
Location
Greenwood Village, United States
Stage
Acquired
Total Funding
$10.5M in 4 rounds
Latest Funding Round
Investors
Ranked
100th among 867 active competitors
Investment & Acquisitions
Exit Details
Acquired by Cognizant (Sep 15, 2014)
Legal entities associated with TriZetto
TriZetto is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TRIZETTO GROUP INC CIN: 33-0761159 , United States, Active | Aug 04, 1999 | - | - | - |
TriZetto's acquisition details
Click here to take a look at TriZetto's acquisition in detail
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TriZetto's funding and investors
TriZetto has raised a total funding of $10.5M over 4 rounds. Its first funding round was on Jun 11, 1998. TriZetto has 7 institutional investors.
Here is the list of recent funding rounds of TriZetto:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 17, 2007 | 6497612 | Post IPO | 8891155 | 5608248 | 8657256 | 3664493 |
Oct 14, 2005 | 6214226 | Post IPO | 7623980 | 2075792 | 9963670 | 7106661 |
Jun 21, 1999 | 8926962 | Series B | 5977827 | 8797329 | 2130561 |
View details of TriZetto's funding rounds and investors
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TriZetto's Competitors and alternates
Top competitors of TriZetto include FintechOS, Bestow and iPipeline. Here is the list of Top 10 competitors of TriZetto, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | FintechOS 2017, London (United Kingdom), Series B | Provider of AI-based software suite for the banking and insurance industry | $146M | 68/100 | |
2nd | Bestow 2016, Dallas (United States), Series D | Developer of life insurance new business and administration software platform solutions | $216M | 68/100 | |
3rd | iPipeline 1995, Exton (United States), Acquired | Cloud-based software suite for life insurance and financial services industry | $104M | 66/100 | |
4th | Cloud-based software solutions for credit insurers, surety bonds & trade finance | $147M | 65/100 | ||
5th | Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired | Software solutions for life insurance and wealth management | $28.4M | 64/100 | |
6th | FurtherAI 2023, San Francisco (United States), Series A | AI-powered automation platform for insurance industry tasks | $35.6M | 64/100 | |
7th | Socotra 2014, San Francisco (United States), Series C | Cloud-based policy management and underwriting solutions for the insurance industry | $98M | 63/100 | |
8th | Provider of software, data, analytics, and related services for financial institutions | - | 63/100 | ||
9th | Gradient 2018, Boston (United States), Series C | AI-based claims automation and auditing solutions for the insurance industry | $89.7M | 63/100 | |
10th | Infinitus 2019, San Francisco (United States), Series C | Developer of AI agents for automating healthcare-related phone calls and tasks | $103M | 63/100 | |
100th | TriZetto 1997, Greenwood Village (United States), Acquired | Provider of software solution for healthcare payers and providers | $10.5M | 44/100 |
Looking for more details on TriZetto's competitors? Click here to see the top ones
TriZetto's Investments and acquisitions
TriZetto has acquired 3 companies including Medical Data Express, Gateway EDI and Quality Care Solutions. TriZetto has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 2011 | Acquisition | 2010 | Virginia Beach (United States) | |
Feb 22, 2011 | Acquisition | 1983 | St. Louis (United States) | |
Sep 13, 2006 | Acquisition | 2004 | Raleigh (United States) |
See all acquisitions by TriZetto
Reports related to TriZetto
Here is the latest report on TriZetto's sector:
News related to TriZetto
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Cognizant’s sharp cut in guidance highlights Indian IT’s troublesMint•Aug 08, 2016•Cognizant, TriZetto
•
Cognizant modernises Kern Health Systems' tech infrastructure Indiatimes•Jul 20, 2016•Cognizant, TriZetto, Kernfamilyhealthcare
•
TCS, Infosys, Wipro see decline in revenue per employee in FY16Mint•Apr 29, 2016•TCS, Wipro, Infosys, Cognizant and 1 other
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