# ModernHEALTH

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/modernhealth

- Industry: Pharmaceuticals
- Headquarters: Monrovia, US
- Website: www.modernhealthinc.com
- Total disclosed funding: $15M
- Latest round: Series A (Jun 10, 2019)
- Investors on record: 1

## About

ModernHEALTH is focused on delivering innovative software solutions that optimize operations and enhance the user experience across various sectors, including technology, finance, and healthcare.Founded in 2012 and headquartered in Monrovia, US, ModernHEALTH specializes in advanced software solutions. The company raised USD 15 million in a Series A round in June 2019, with Forerunner Ventures as the investor. The total amount raised by the company stands at USD 15 million, with a current valuation of USD 59.008 mn.ModernHEALTH provides innovative software applications aimed at improving workflow optimization, data analytics, and customer engagement. The diverse clientele includes small to midsize enterprises and large corporations across sectors such as technology, finance, and healthcare. Key geographical markets include North America, Europe, and Asia, with products designed to meet regional needs. The flagship product offers real-time insights and customizable features that enhance productivity and decision-making.The company generates revenue through a structured transaction model that includes subscription-based services and strategic partnerships. Clients engage through annual subscriptions for access to its software solutions, which feature tiered pricing plans. Relationships with retailers and wholesalers further expand market reach, reinforced by ongoing service agreements that ensure customer support and updates.With the recent Series A financing of USD 15 million raised in June 2019, ModernHEALTH plans to develop new products expected to launch in the upcoming quarters. The company is targeting expansion into European and Asian markets by the end of the next fiscal year to broaden its geographical footprint. The funding will support product development and market entry efforts.

## Funding rounds

- Series A, Jun 10, 2019, $15M — Forerunner Ventures

## Investors

- Forerunner Ventures (https://capitalatlas.ai/funds/forerunner-ventures) — Series A