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Cloud-based core administration software for healthcare payers, managing claims processing, billing, member engagement, and provider networks.
Aldera is a Lisle, Illinois-based enterprise software company that provides cloud-based core administration and private portal solutions for healthcare payers. The company's software platform enables commercial health plans, third-party administrators, and self-funded employers to efficiently manage claims processing, financial billing, provider networks, and member engagement. Prior to its strategic acquisition, the organization successfully supported over 30 healthcare organizations and approximately 3 million members, operating with an estimated 21 to 30 employees and generating $5.4 million in annual revenue. Led by former Chief Executive Officer Darin LeGrange and Regional Vice President Jon Irey, the business raised $19.1 million in venture funding before being acquired by Evolent Health for approximately $35 million in 2016 to integrate into their value-based care solutions. Aldera was originally founded as Healthation in the year 2000 by undisclosed founders before officially rebranding in 2014.
Aldera has raised $14.0M across 1 funding round.
Aldera has raised $14.0M in total across 1 funding round.
Aldera has raised $14.0M in total across 1 funding round.
Aldera's investors include Mark Anderson, Travis Hughes, SilverStream Capital.
Aldera has raised $14.0M across 1 funding round. Most recently, it raised $14.0M Series B in June 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 5, 2013 | $14.0M Series B | Mark Anderson | Travis Hughes, SilverStream Capital |