TailorMed
End-to-end Financial Navigation Solution for Healthcare Providers
Startup B Health Tech & Life Sciences Est. 2016 Acquired
Total Raised
$60.5M
B
Last Round
$12.5M
7 rounds
Investors
16
16 public
Team
3
51-200 employees
Confidence
100/100
News
20
articles
About
TailorMed is focused on harnessing technology to improve the financial performance of healthcare providers and reduce financial hardship for patients. The company provides a personalized projection of a patients out-of-pocket costs and automatically finds cost-saving opportunities based on insurance optimization and financial assistance programs. TailorMed offers a comprehensive suite of products to automate a fragmented and inefficient process. TailorMed Financial Navigation streamlines and automates the centers financial processes, proactively identifying patients with the highest financial risk, offering personalized funding opportunities, and enrolling patients in these programs. TailorMed Financial Insights is a powerful analytics and reporting dashboard that tracks, measures, and reports the key performance indicators (KPIs) of the financial navigation process and allows administrators and financial executives to measure the impact on the centers bottom line. TailorMed Pharmacy extends beyond the patient enrollment stage and into a free/replacement drug program, streamlining the process of ordering, tracking, and properly billing each drug order based on the patients treatment regimen.
Classification
Sector
Fintech & InsurtechPersonal Finance ManagementInsurtechHealth Tech & Life SciencesDigital HealthcareClinical Workflow
Core Technology
Artificial IntelligencePlatforms & InterfacesSoftware
Target Customer
Healthcare & Life SciencesHealthcareProvidersInsurance Companies
Business Model
B2B2C
Tags
big-data-analyticspatientshealth-informationdigital-healthcaredoctorshospitalssoftware-applicationshealthcare-providershealth-managementpersonalizationfinancial-servicesoncologyweb-platformsaasartificial-intelligenceclinical-workflowpredictive-analyticspopulation-health-managementinsurance-companiesinsurtechreal-time
Funding & Events
Sep 2021
B Round $5M
Sanara Ventures, BrightEdge, Sanara Capital, Citi Ventures, OSF Ventures, Discount Capital
Nov 2024
Undisclosed Round $27.5M
Windham Venture Partners (Lead), Sanara Ventures, Bridges Israel, Almeda Ventures, BrightEdge, Accelmed, Citi, Samsung Next TLV, Triventures
Nov 2024
Debt Financing $12.5M
Poalim Equity (Lead)
Nov 2021
M&A Undisclosed
Nov 2017
Non-equity Undisclosed
MassChallenge
Mar 2019
A Round $6M
Triventures, Sanara Ventures
Jun 2021
B Round $20M
Providence Strategic Growth (Lead), UnityPoint Health Ventures, Bridges Israel, Almeda Ventures, Sanara Ventures, Triventures, Accelmed
Jun 2019
A Round $2M
Accelmed (Lead), Sanara Capital
News (20)
Nov 21, 2024 · www.calcalistech.com
growth-positive
With growing demand in the U.S., the startup’s platform addresses one of healthcare’s biggest pain points.  
Investment
Nov 21, 2024 · www.calcalistech.com
growth-positive
TailorMed raises $40 million in equity and debt to help patients access critical medications | CTech
Investment
Dec 19, 2022 · www.businesswire.com
TailorMed Strengthens Nation's Largest Network of Patients, Providers, Pharmacies, and Life Science Companies with Support from Ballad Ventures, Inception Health, and University Hospitals Ventures
Apr 13, 2022 · www.prweb.com
growth-positive
TailorMed Strengthens Commitment to Patient Security and Privacy by Achieving SOC 2 Type II Compliance
Customers
Nov 29, 2021 · www.businesswire.com
growth-positive
TailorMed Announces Acquisition of Vivor to Create the Largest Provider and Pharmacy Network Tackling Financial Barriers to Care
AcquisitionExpand
Nov 9, 2021 · www.calcalistech.com
growth-positive
TailorMed bolsters leadership team with three strategic hires
Management ChangesInvestment
Sep 29, 2021 · www.businesswire.com
TailorMed Extends Funding Series to $25 Million to Continue Growing its Market-Leading Financial Navigation Platform
Aug 12, 2021 · www.mdlinx.com
5 healthcare startups to watch
Jul 15, 2021 · www.calcalistech.com
growth-positive
TailorMed collaborates with AllianceRx Walgreens Prime to reduce patient costs
PartnersCustomers
Jul 4, 2021 · www.israel21c.org
growth-positive
An Israeli technology helping Americans afford healthcare
Customers
Jun 6, 2021 · www.calcalistech.com
growth-positive
TailorMed announces $20 million investment
Investment
May 19, 2021 · www.prweb.com
growth-positive
TailorMed Launches New Service to Complement its Industry Leading Platform in Helping Reduce Patient Out-of-Pocket Costs, Provider Bad Debt
Customers
Jan 20, 2021 · www.prweb.com
growth-positive
TailorMed and the Patient Access Network (PAN) Foundation Launch New Initiative to Reduce Financial Barriers for Low-income Medicare Beneficiaries
Partners
May 16, 2020 · www.mckesson.com
growth-positive
McKesson and TailorMed Collaborate to Reduce Patient Financial Barriers to Care
Partners
growth-positive
TailorMed platform helps offset costs for patients, providers
CustomersPartners
Apr 16, 2020 · www.prnewswire.com
growth-positive
TailorMed launches Remote Navigation solution to enable hospital staff to help their patients from afar and ensure that healthcare providers can recover lost revenues
Customers
Jun 23, 2019 · www.calcalistech.com
growth-positive
Healthcare Financing Startup TailorMed Expands Financing Round to $8 Million
Investment
Mar 7, 2019 · www.jpost.com
growth-positive
https://www.jpost.com/Opinion/Hillels-Tech-Corner-Bending-the-cost-curve-of-cancer-582796
CustomersInvestment
Mar 6, 2019 · en.globes.co.il
growth-positive
Care delivery financing co TailorMed raises $6m
Investment
Dec 18, 2018 · en.globes.co.il
growth-positive
TailorMed remedies financial side effects of drugs
Customers
Details
Product Stage
Released
Employees
51-200
Exact Count
192
District
Center District
Founded
2016
Registrar
515554079
Crunchbase
tailormed
Locations
Yehuda and Noah Moses Street 13, Tel Aviv-Yafo, Israel
33 Irving Pl, New York, NY 10003, USA
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
Jan 27, 2025
Verified by
Jenny Sotnik-Talisman
Claimed
Yes
Missing
markets
Team (3)
Israel (Srulik) Dvorsky
Co-founder & CEO
Founder
Adam Siton
Co-founder & CTO
Founder
Gideon Jagermann
COO
Internal
Created by
Sharon Zaks (sharon1337@gmail.com)
Created
2017-05-17T00:00:00.000Z
Last editor
Yanina Wainscheinker (yanina.wainscheinker@sncentral.org)