See other companies on Welcome to the Jungle
Madaket
Data exchange for healthcare providers
- 21-100 employees
- Healthcare
- B2B
- SaaS
- Data Integration
- Cloud Computing
- Data Sharing
- Harvard Square, Cambridge, MA
Jump to section
Company mission
Madaket's mission is to right the wrongs in healthcare administration, eliminating the onerous tasks costing healthcare billions of dollars and millions of hours lost.
-3% employee growth in 12 months
Our take
As healthcare costs continue to rise, matching providers and payers in a simple and effective manner is important. Madaket has carved a niche in the healthcare administration market in an effort to create error-free, cost-effective and easy-to-use healthcare registration.
Seeking to streamline healthcare administration processes, Madaket delivers a platform that automates tedious administrative tasks, freeing up workers and reducing software spend for providers. The company has effectively served over 70% of provider groups in the US through its customers and partners, such as AWS and efficientC.
In helping reduce the billions of dollars in administrative waste in the provider data marketplace, Madaket is targeting a priority issue in the space. It will need to continue improving its processes in order to stay at the front of this lucrative market and continue its path of growth.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Work from home opportunities
- Generous vacation policy
- Health, Dental & Vision Insurance
- 401(K)
Company values
- Equality
- Collaboration
- Purpose
- Cross-Functional
- Relentless
- Originality
Funding (2 rounds)
Jul 2018
$10m
SERIES B
Apr 2013
$1.5m
SEED
Total funding: $11.5m
This company has top investors
Leadership
Jim Dougherty
(Co-founder & Executive Chairman)Was Founding GM of the Internet Division at Lotus. Former EVP of Global Markets at Gartner, and CEO of Intralinks, Meta Matrix and Prodigy Business Services.
Ted Achtem
(Co-founder)Began their career at Savant Technologies, a boutique web consulting firm acquired by IntraLinks. Rose to VP of Product Management at Intralinks, and had a leadership role at LeadKarma prior to confounding Madaket.