- Companies
- Kyruus
Kyruus Funding, Investors & Competitors
Kyruus has raised $172M across 9 funding rounds, most recently a $35M undisclosed-stage round in September 2022.
Last Kyruus funding round
$35M
Undisclosed stage · Sep 2022
Cumulative funding Kyruus raised
$172M
across 9 funding rounds
Key investors in Kyruus
Venrock
Highland Capital Partners
Lux Capital
F-Prime
Salesforce Ventures
New Leaf Venture Partners
McKesson Ventures
Allumia Ventures
About Kyruus
Kyruus is a Boston-headquartered healthcare technology provider founded in 2010 that specializes in provider search and scheduling solutions. Its ProviderMatch suite supports hospitals and health systems by matching patients with suitable providers through consumer-facing tools, access centers, and referral networks. The proprietary provider data management platform processes administrative data to ensure accuracy and align supply with demand. Kyruus serves over 750 health systems across the United States, managing data for more than one million providers. Acquired by Change Healthcare in 2021, the company now integrates with Optum's broader ecosystem to enhance patient access and operational efficiency in care delivery.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Kyruus Funding History
Kyruus has raised a total of $172M across 9 funding rounds.
Kyruus' first fundraising round was a $11M Series B in January 2013. The most recent completed round was a $35M undisclosed-stage round in September 2022.
Kyruus funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2022 | Undisclosed stage | - | $35M | Kyruus is a developer of a SaaS-based administrative data management platform built for healthcare organizations. On September 30, 2022, the company raised $35.1 million in venture funding from undisclosed investors, as reported in healthcare transaction reviews. This represented one of multiple funding rounds in the company's capital raising history, which included Series B, Series D, and private equity contributions from firms such as Highland Capital Partners, Venrock, and Francisco Partners. The company's post-money valuation for the September 2022 round was not publicly disclosed, nor were specific revenue or EBITDA figures available for the period around the funding date. Kyruus subsequently acquired Epion Health in September 2022 and has continued to operate in the healthcare technology and data management space. |
| Jun 2020 | Undisclosed stage | Francisco Partners (lead); Transformation Capital | $30M | Kyruus, a leader in provider search and scheduling solutions for health systems, secured $30 million in new funding from Francisco Partners in June 2020, bringing total funding to over $155 million following a $42 million Series D round in late 2019. This investment, announced amid the COVID-19 pandemic, aimed to expand the platform, broaden health system partnerships, and enter new market segments, supporting healthcare organizations in facilitating patient access. The company served 600 hospitals and over a quarter million providers across the US through its enterprise provider data management and patient access platform. Francisco Partners, a global technology-focused private equity firm with healthcare IT expertise, had Co-President Ezra Perlman join Kyruus' board alongside investors from Venrock, Highland Capital Partners, Providence Ventures, and others. The funding propelled 2020 growth, including over 60% employee expansion and product enhancements for more than 65 health system customers responding to pandemic needs. Kyruus earned recognitions as a top workplace from The Boston Globe, Boston Business Journal, and Built In Boston. Capping 2020 momentum, Kyruus announced plans to acquire HealthSparq, a healthcare guidance platform serving 100 health plan brands and 80 million members, to accelerate entry into the health plan market and foster payer-provider collaboration for better care navigation. |
| Jan 2020 | Series D | Highland Capital Partners (lead); Venrock (lead); Salesforce Ventures; Allumia Ventures | $42M | Kyruus, a leader in provider search and scheduling solutions for health systems, raised $42 million in a Series D round in January 2020 led by Highland Capital Partners and Venrock, with participation from Salesforce Ventures and others. The funding was intended to accelerate growth, platform expansion, and product innovation amid the evolving needs of over 65 health system customers responding to COVID-19. This followed prior rounds including a $25M Series C in 2015 and smaller corporate rounds in 2018. In 2020, Kyruus demonstrated strong business momentum, launching online scheduling for COVID-19 tests and vaccines, facilitating hundreds of thousands of appointments, and retaining over 98% of its customer base despite the pandemic. The company grew its employee base by over 60% that year and received recognition as a top workplace in Boston. A subsequent $30M round in June 2020 from Francisco Partners supported further expansion into the health plan market via acquisition and pandemic-related healthcare needs. Kyruus served over 500,000 providers across 1,400 hospitals and health plans by 2024, competing with firms like Health Catalyst. |
| Oct 2018 | Strategic investment | Salesforce Ventures (lead) | $4M | Kyruus is a Boston-based healthcare technology company founded in 2010 that develops a platform for provider search, patient matching, and scheduling solutions for health systems. The platform helps match patients with appropriate providers across online searches, calls, or referrals, integrating with systems like Salesforce Health Cloud and IBM Watson to reduce appointment wait times and improve access to care. In October 2018, Kyruus raised $4 million in a corporate round led by Salesforce Ventures. This followed a $10 million strategic round in April 2018 from undisclosed investors including Providence Ventures and came ahead of a $42 million Series D in January 2020 co-led by Venrock and Highland Capital Partners with participation from Providence Ventures and Salesforce Ventures. The Salesforce investment supported the launch of ProviderMatch on the Salesforce AppExchange and leveraged Salesforce's expertise to expand platform capabilities. At the time, Kyruus managed over 150,000 providers and served more than 500 hospitals nationwide as customers. The company had partnerships with health systems like Mercy Health, Providence St. Joseph, and McKesson, along with tech integrations. Total funding raised exceeded $125 million by early 2020. |
| Apr 2018 | Strategic investment | McKesson Ventures; Highland Capital Partners; Transformation Partner; Allumia Ventures; Lux Capital; F-Prime; New Leaf Venture Partners; Venrock; Leerink Transformation Partners; Fidelity Ventures | $10M | Kyruus, a Boston-based healthtech company, provides provider search and scheduling solutions including the KyruusOne platform and ProviderMatch applications to optimize patient-provider matching for health systems. In April 2018, it raised $10 million in a strategic funding round from investors including Venrock, Highland Capital Partners, New Leaf Venture Partners, Leerink Transformation Partners, F-Prime Capital Partners, Fidelity Biosciences, McKesson Ventures, Lux Capital, and Providence Ventures. The funding supported growth in product development and delivery teams, platform expansion, and integrations with digital health leaders. The company reported doubling its revenue in 2017 and increasing the number of hospitals on its platform by 50%, with over 400 hospitals as customers including Piedmont Healthcare, Jefferson Health, and University of Miami Health System. Customers deployed solutions across multiple access points, such as a major expansion with Partners HealthCare. |
| Feb 2017 | Series C | - | $4M | Kyruus raised $4 million in a Series C funding round in February 2017 to further develop its technology and support ongoing growth. The company provides provider search and scheduling solutions for health systems. This round contributed to Kyruus' total funding exceeding $172 million across multiple rounds through 2022. |
| Sep 2015 | Series C | New Leaf Venture Partners (lead); McKesson Ventures; Highland Capital Partners; Leerink Partners; Providence Health & Services; Lux Capital; F-Prime; Venrock | $25M | Kyruus is a SaaS-based provider search and scheduling platform that helps health systems optimize patient access, referral management, and scheduling using big data analytics in its ProviderMatch technology. The company raised $25 million in a Series C funding round on September 18, 2015, led by New Leaf Venture Partners, with participation from Providence Health & Services, Leerink Partners (also noted as Leerink Capital Partners), McKesson Ventures, and existing investors Venrock, Highland Capital Partners, and Lux Capital (F-Prime likely referring to Fidelity Biosciences). The funds were allocated to scale client development and implementation teams, expand product capabilities including patient-facing search, online scheduling, network analytics, and patient CRM, and accelerate adoption at leading health systems. At the time of the round, Kyruus had seen rapid growth, deploying its software across call centers, referring physician offices, and hospital websites to manage scheduling and referrals for over 20,000 providers. Customers such as Keck Medicine of USC, Mercy Health, Community Health Network, and Swedish Medical Center reported productivity increases of 5-10% across their provider bases while improving patient matching accuracy. Providence Health & Services, a key customer and investor, highlighted Kyruus' role in helping patients find suitable physicians from its network of nearly 16,000 employed and affiliated doctors. This Series C built on prior rounds, including an $11 million Series B in January 2013 led by Lux Capital and an $8.5 million Series A in 2011 with Highland Capital, Venrock, and others. Valuation details for the 2015 round were not publicly disclosed, consistent with reporting across sources. Kyruus continued raising capital post-2015, including a $42 million Series D in January 2020 led by Highland Capital Partners and Venrock, bringing total funding over $125 million, and further rounds in 2020 and 2022. |
| May 2014 | Series A | - | $11M | Kyruus raised $11.3 million in a private equity round in May 2014. The company, founded in 2010, pioneered provider search and scheduling solutions for health systems. By early 2013, Kyruus had established a customer base of over 20 leading healthcare organizations ranging from community hospitals to large multi-facility health systems. The company's platform enabled organizations to optimize physician network performance across network development, referral management, and regulatory compliance. Post-money valuation and financial metrics for the 2014 funding round were not publicly disclosed. Revenue and EBITDA data for the 2014 period are not available in public sources; the earliest disclosed financial metrics show the company achieved profitability by 2023 with projected ARR exceeding $150 million in 2025. |
| Jan 2013 | Series B | Lux Capital (lead); Highland Capital Partners; F-Prime; Venrock | $11M | Kyruus raised $11 million in its Series B funding round in January 2013, led by Lux Capital with participation from F-Prime, Highland Capital Partners, and Venrock. The funding supported team expansion and accelerated product development. This followed earlier rounds including a Series A of $8 million in June 2011 and a $3 million round in November 2011. |
Who has invested in Kyruus?
15 investors have backed Kyruus across its funding rounds, including Venrock, Highland Capital Partners, Lux Capital, F-Prime, Salesforce Ventures and New Leaf Venture Partners.
Lead investors include Francisco Partners, Highland Capital Partners, Venrock, Salesforce Ventures, New Leaf Venture Partners and 1 other investor.
Kyruus Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Jan 2013 | ||
| 4 | Lead | Jan 2013 | ||
| 3 | Lead | Jan 2013 | ||
| 3 | Participant | Jan 2013 | ||
| 2 | Lead | Oct 2018 | ||
| 2 | Participant | Sep 2015 | ||
| 2 | Participant | Apr 2018 | ||
| 2 | Lead | Sep 2015 | ||
| 1 | Participant | Sep 2015 | ||
| 1 | Participant | Apr 2018 | ||
| 1 | Participant | Sep 2015 | ||
| 1 | Participant | Apr 2018 | ||
| 1 | Participant | Apr 2018 | ||
This data is available for Pro users. Sign up to see all 15 Kyruus investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Kyruus
Kyruus has acquired 2 companies to date.
Last acquisition by Kyruus was on September 13th 2022. Kyruus acquired Epion Health for undisclosed valuation.
Latest Acquisitions by Kyruus
| Description | Epion Health is a Roseland, New Jersey-headquartered provider of cloud-based mobile health applications. Founded in 2011, the company delivers patient engagement platforms for scheduling, reminders, and content delivery integrated with EHR systems like Epic. Epion serves hospitals and clinics with HIPAA-compliant tools for telehealth and population health management. | HealthSparq is a Portland, Oregon-based healthcare transparency platform, part of Cambia Health Solutions, providing cost estimators and provider reviews for 15 million members. The software aggregates claims data from Blue Cross Blue Shield and links it to quality metrics. HealthSparq acquired Clarus Health in 2014 to enhance consumer guidance. It supports self-funded employers like Boeing. |
| HQ Country | ||
| HQ City | Hoboken, NJ | Portland, OR |
| Deal Date | 13 Sep 2022 | 17 Dec 2020 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Kyruus acquisitions and their M&A valuation multiples. Start Free Trial | ||
Kyruus Competitors
Kyruus competitors include listed companies like Claritev and IQVIA, and private ones like Uptake Technologies, ReliaQuest, MOV and Commure.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $100M | - | $2.3B | 23.0x | ||
| Publicly listed | $965M | $466M | $538M | 5.2x | ||
| Private | $300M | - | $3.4B | 11.3x | ||
| Private | - | - | $3B | - | ||
| Private | $200M | - | $7B | 35.0x | ||
| Publicly listed | $16B | $3.4B | $44B | 3.4x |
Kyruus Public Comps
Kyruus is still privately-owned, but its public comps include Palantir, ServiceNow, Datadog, RELX, Strategy, IQVIA, Constellation Software, Veeva, IDEXX Laboratories and Roper Technologies.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
| $13B | $4.9B | 5.5x | 5.3x | 14.4x | 13.2x | |||
| $477M | ($5.4B) | 149.4x | 144.4x | (13.1x) | (12.3x) | |||
| $16B | $3.4B | 3.6x | 3.4x | 17.2x | 14.8x | |||
| $12B | $2.5B | 4.0x | 3.5x | 18.5x | 12.9x | |||
| $3.2B | $965M | 11.1x | 10.2x | 36.9x | 22.4x | |||
This data is available for Pro users. Sign up to see all Kyruus competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Kyruus
| When was Kyruus founded? | Kyruus was founded in 2010. |
| Where is Kyruus headquartered? | Kyruus is headquartered in Boston, MA, United States. |
| Is Kyruus publicly listed? | No, Kyruus is a private, VC-backed company. |
| How much funding has Kyruus raised? | Kyruus has raised $172M across 9 funding rounds. |
| What was Kyruus' last funding round? | Kyruus' last funding round was a $35M undisclosed-stage round in September 2022. |
| Who are Kyruus' investors? | Kyruus' investors include Highland Capital Partners, Venrock, Lux Capital, F-Prime, Salesforce Ventures, McKesson Ventures, Allumia Ventures, New Leaf Venture Partners, Leerink Partners, Transformation Partner and 5 others. |
| Which companies are comparable to Kyruus? | Companies comparable to Kyruus include Uptake Technologies, Claritev, ReliaQuest, MOV, Commure and IQVIA. |
| How many companies has Kyruus acquired? | Kyruus has acquired 2 companies, including Epion Health and HealthSparq. |
See companies similar to Kyruus
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




