Epic SUP is a technology company.
Epic SUP has raised $100K across 1 funding round.
Epic SUP has raised $100K in total across 1 funding round.
Epic SUP has raised $100K in total across 1 funding round.
Epic SUP's investors include Diez Ventures, Inc.
Epic Systems is a privately held healthcare software company that develops and sells comprehensive electronic health record (EHR) systems, holding the largest market share among vendors.[2][3][5] Its flagship product, Epic EMR, along with tools like MyChart for patient access and Hyperspace SUP for clinical workspaces, serves hospitals, clinics, and healthcare providers worldwide, managing patient records, workflows, billing, and analytics to streamline care delivery.[2][4][5] Epic solves critical problems in healthcare IT by providing an integrated, proprietary platform that improves data interoperability, clinical decision-making, and operational efficiency, with over 305 million patient records and adoption in more than 60% of U.S. hospitals.[2][5] The company has shown strong growth momentum, expanding from a basement startup to a global leader with cloud hosting, international sales, and modules like Beaker for labs and Cogito for analytics.[2][5]
Note: "Epic SUP" specifically refers to a site-specific configuration of Epic's Hyperspace workspace, a clinical and administrative tool for Epic EHR users including physicians and staff, but the query aligns with the broader Epic Systems portfolio company.[4][7]
Epic Systems was founded in 1979 by Judith Faulkner in a basement in Verona, Wisconsin, with a $70,000 investment (about $300,000 today) and just 1½ employees.[2][3][6] Faulkner, pursuing a Master's degree, developed the initial idea from a course on computing in medicine, creating a system to track patient information under Dr. Warner Slack.[2] Early traction came from its focus on large-scale EHR software using the proprietary Chronicles database, evolving from basic record-keeping to a full suite supporting healthcare functions, insurance, and patient portals like MyChart.[2][5] Pivotal moments include U.S. dominance by the 2010s and European expansion despite controversies, solidifying its role as a healthcare IT powerhouse.[2]
Epic rides the wave of healthcare digitization, capitalizing on trends like EHR mandates, AI-driven analytics, and telehealth post-pandemic.[2][5] Timing aligns with aging populations and rising costs, where its platform reduces errors and administrative burdens via unified records and tools like clinical decision support.[5] Market forces favoring Epic include U.S. dominance (over 60% hospital share) and global push into universal healthcare systems, despite European rollout challenges like higher costs and risks noted in reports.[2] It influences the ecosystem by setting interoperability standards, pressuring competitors like Cerner and Allscripts, and enabling data insights that advance precision medicine.[2][5]
Epic's trajectory points to deeper AI integration in analytics (e.g., expanding Cogito) and global cloud adoption to counter on-premise critiques.[2][5] Trends like value-based care and regulatory pushes for data sharing will amplify its influence, potentially resolving international controversies through refined implementations. As healthcare IT consolidates, Epic could widen its lead, evolving from record-keeper to ecosystem orchestrator—much like its basement origins scaled to serve billions in potential patient data.
Epic SUP has raised $100K across 1 funding round. Most recently, it raised $100K Seed in April 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2013 | $100K Seed | Diez Ventures, Inc |