How Much Did andros Raise?
Funding & Key Investors

Andros, a prominent player in the health technology sector, has successfully navigated multiple capital infusion cycles to solidify its market position. With a cumulative backing of $21.3M, the company has demonstrated a consistent trajectory of growth and operational scaling. The most recent strategic investment of $1M underscores the firm's ongoing commitment to enhancing its enterprise-level infrastructure and expanding its footprint within the complex healthcare provider management landscape.

This financial momentum reflects the company's ability to attract high-caliber institutional support, enabling it to refine its proprietary software suite and address the critical inefficiencies inherent in modern healthcare network administration.

What is andros?

andros
SoftwareHealthcare Software

Andros operates at the intersection of health technology and administrative efficiency, providing a robust software suite designed to solve the multifaceted challenges of building, managing, and optimizing health provider networks. By leveraging the industry's largest provider data resource, the company offers a sophisticated platform that integrates data intelligence with automated workflows. This enables health plans, governmental entities, and telehealth providers to streamline the recruitment, contracting, credentialing, and monitoring of healthcare professionals. Currently, Andros-managed networks facilitate the delivery of care to populations covering over 90% of the United States, positioning the company as a foundational element of the national healthcare infrastructure.

How much funding has andros raised?

andros has raised a total of $21.3M across 6 funding rounds:

2013

Other Financing Round

$20K

2015

Other Financing Round

$2.7M

Angel/Seed

$1.5M

2016

Series A

$2M

2019

Series B

$14M

2020

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, Tigerlabs, and Kevin Mahaffey

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

Blueprint Health

A prominent healthcare accelerator focused on nurturing entrepreneurs to develop innovative healthcare IT companies through intensive mentorship and strategic guidance.

Primary Venture Partners

An investment firm that provides capital and operational support to early-stage companies, with a focus on fostering long-term business development.

Bowery Capital

A venture firm specializing in disrupting legacy marketing and IT services by supporting startups that demonstrate strong recurring revenue growth and market scalability.

What's next for andros?

Looking ahead, Andros is well-positioned to capitalize on the increasing demand for digital transformation within the healthcare sector. The recent infusion of capital is expected to accelerate the development of its automated credentialing and network optimization tools, further reducing the administrative burden on health organizations. As the company continues to scale, its focus will likely remain on deepening its data intelligence capabilities and expanding its reach into new segments of the healthcare ecosystem. By maintaining its focus on high-growth, enterprise-level partnerships, Andros is poised to remain a critical partner for organizations seeking to modernize their provider network operations in an increasingly complex regulatory and operational environment.

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Frequently Asked Questions Regarding andros Financial Insights

What are the most recent funding rounds that andros has completed, and what were the funding rounds?
andros has recently completed 3 funding rounds: Debt on Apr 28, 2020, Series B on Jun 12, 2019, Series A on Nov 28, 2016.
What is the total amount of funding andros has raised to date?
andros has raised a total of $21.3M in funding to date.
How many funding rounds has andros completed?
andros has completed 3 funding rounds.
How much funding did andros raise in its most recent funding round?
andros raised $1M in its most recent funding round.
Who are the lead investors in andros's latest funding round?
The lead investor in andros's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in andros's history?
The largest funding round in andros's history was $14M.
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