What is andros?
Andros operates as a specialized health technology firm dedicated to solving the multifaceted challenges associated with building, managing, and optimizing healthcare provider networks. At its core, the company utilizes an extensive provider data resource to power a software suite that automates essential workflows, including recruitment, contracting, credentialing, and ongoing monitoring. By digitizing these traditionally manual processes, Andros enables health plans, governmental entities, and telehealth organizations to deliver care more effectively across diverse geographic regions.
The company's market position is bolstered by its ability to serve networks that cover over 90% of the United States population. This scale is not merely a metric of reach but a reflection of the platform's utility in a highly regulated and fragmented industry. Through its focus on data intelligence, Andros has positioned itself as an indispensable partner for organizations seeking to reduce administrative friction while improving the quality and accessibility of healthcare services.
How much funding has andros raised?
andros has raised a total of $21.3M across 6 funding rounds:
Other Financing Round
$20K
Other Financing Round
$2.7M
Angel/Seed
$1.5M
Series A
$2M
Series B
$14M
Debt
$1M
Other Financing Round (2013): $20K with participation from Blueprint Health
Other Financing Round (2015): $2.7M led by Primary Venture Partners, Bowery Capital, Kevin Mahaffey, and Tigerlabs
Angel/Seed (2015): $1.5M supported by Primary Venture Partners and Bowery Capital
Series A (2016): $2M featuring Meridian Street Capital, Bowery Capital, and Chicago Ventures
Series B (2019): $14M, investors not publicly disclosed
Debt (2020): $1M with participation from PPP
Key Investors in andros
Bowery Capital
Bowery Capital focuses exclusively on supporting startups that disrupt and upgrade legacy marketing and IT products and services across all organizations.
Chicago Ventures
Chicago Venture Partners is a private equity investment firm specializing in buyouts, late stage growth equity investments, and private investments in public entities.
Primary Venture Partners
Primary Venture Partners is an investment firm that provides strategic capital and operational support to early-stage companies, often focusing on high-growth sectors.
What's next for andros?
Looking ahead, the strategic deployment of the $1M capital is expected to accelerate the development of the Andros software suite, particularly in areas involving predictive analytics and automated compliance monitoring. As the healthcare industry continues to shift toward value-based care models, the demand for robust, scalable network management tools is projected to rise. Andros is well-positioned to capitalize on this trend by further integrating its data intelligence capabilities into the workflows of major health plans and emerging digital health providers.
The company's growth trajectory suggests a focus on deepening its enterprise footprint and potentially exploring new market segments that require high-fidelity provider data. With a history of support from seasoned venture capital firms and strategic partners, Andros maintains a strong foundation for long-term sustainability and continued innovation in the health IT space.
