TailorMed
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 1.3m | 4.7m | 8.6m | 31.0m | 34.2m |
% growth | - | 267 % | 83 % | 260 % | 10 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | - | ||
$6.0m | Series A | ||
* | $2.0m | Series A | |
N/A | N/A | Early VC | |
$20.0m | Late VC | ||
$25.0m | Late VC | ||
* | N/A | Late VC | |
Total Funding | €48.2m |
Recent News about TailorMed
EditTailorMed is a healthcare technology company that specializes in automating financial navigation for healthcare providers. The company serves hospitals, clinics, and other healthcare institutions, helping them secure funding for patients and improve their financial performance. Operating in the healthcare technology market, TailorMed's business model revolves around providing a comprehensive software solution that uses data and advanced analytics to streamline the financial navigation process. This includes out-of-pocket cost estimation, real-time matching and enrollment in financial assistance programs, and a turnkey remote solution for financial navigation. TailorMed generates revenue through subscription fees for its software platform, which offers significant ROI by reducing the resource-intensive nature of manual financial navigation processes and increasing the funding secured for patients.
Keywords: healthcare technology, financial navigation, automation, data analytics, funding, patient assistance, software solution, ROI, hospitals, clinics.