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deNovis logo — Powering healthcare administration with innovative solutions...

deNovis

Powering healthcare administration with innovative solutions for streamlined efficiency and superior customer service.

Founded 1999 Series C Total: $97.80M E-Commerce, Enterprise Software +3

General Information

Company Name deNovis
Founded Year 1999
Industries E-Commerce, Enterprise Software, Financial Services +2
Funding Stage Series C
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About deNovis

deNovis is a leading provider of transaction processing and information management solutions tailored for the health insurance and health care benefits administration industry. The company's flagship software, eHD™, serves as the central administrative platform for health plans, catering to the needs of commercial, Medicare, and Medicaid healthcare benefits administrators. Notably, deNovis's HICL™ technology allows for the programming of complex healthcare transaction systems using English language commands and actual health plan policies and business rules. The company's clientele comprises major commercial insurers and the U.S. Department of Health and Human Services, which is the largest healthcare purchaser nationwide, providing benefits to nearly 80 million Americans. deNovis has strategic alliances with IBM Corporation and Deloitte Consulting, enhancing its industry influence and reach. Founded in 1999, deNovis received a significant $22.00M Series C investment on January 12, 2004, with participation from several prominent investors including Pelion Venture Partners, 3i Group, Advanced Technology Ventures, Audax Group, and Psilos Group. The company's solutions can be installed on-site at customer locations or offered through outsourced or remote-hosted services. Based in Lexington, Massachusetts, deNovis continues to drive innovation in healthcare administration, focusing on efficiency and customer service within the industry.

Taxonomy: Healthcare Administration, Health Insurance, Healthcare Benefits, Claims Processing, Transaction Processing, Information Management Solutions, eHD Software, HICL Technology, Commercial Insurers, Medicare, Medicaid, Strategic Alliances, Outsourced Services, Remote-Hosted Solutions

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 5
Investor Investor Investor Investor Investor
12 Jan 2004
Series B •••••• 5
Investor Investor Investor Investor Investor
16 Oct 2001
Series A •••••• - 25 Sep 2000

deNovis Alternatives & Competitors

deNovis vs
CareGain
CareGain

Empowering Consumer-Directed Healthcare with Innovative Software Solutions

Series B
Health Care
deNovis vs
DataGenix Corporation
DataGenix Corporation

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deNovis vs
Medilink-Global
Medilink-Global Malaysia

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38 employees
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FAQ About deNovis

Powering healthcare administration with innovative solutions for streamlined efficiency and superior customer service.
deNovis was founded in 1999.
deNovis operates in the following industries: E-Commerce, Enterprise Software, Financial Services, Health Care, Health insurance.
deNovis has completed 3 funding rounds, raising a total of $97.80M. The latest funding stage is Series C.
Top alternatives and competitors to deNovis include CareGain, DataGenix Corporation, Medilink-Global, AIMA, CoreCard Software, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
deNovis and CareGain are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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