Redox

Healthcare data integration and interoperability platform

Madison, Wisconsin, United States

About Redox

Redox Engine provides a platform that connects healthcare products, Electronic Health Record (EHR) systems, providers, and payers, enabling data access and sharing across the healthcare ecosystem. This platform allows product teams to integrate their solutions with EHRs, helps providers improve patient care by accessing diverse data sources, and assists payers in making informed decisions about patient coverage. Redox operates on a platform-as-a-service model, where clients pay to use the service for better connectivity. The company also offers guidance on healthcare technologies, including artificial intelligence and the Fast Healthcare Interoperability Resources (FHIR) standard.

Madison, WisconsinHeadquarters
2014Year Founded
$90.5MTotal Funding
SERIES_DCompany Stage
AI & Machine Learning, HealthcareIndustries
201-500Employees

Risks

Epic Systems' dominance in the EHR market limits Redox's market penetration.
Leadership change may lead to strategic shifts impacting client relationships.
Reliance on Snowflake ties Redox's success to Snowflake's market performance.

Differentiation

Redox offers a full-service integration platform for secure healthcare data exchange.
The platform connects EHR systems, providers, and payers, enhancing interoperability.
Redox collaborates with Google Cloud and Snowflake to leverage AI for healthcare insights.

Upsides

Increased cloud-based healthcare solutions drive demand for Redox's integration platform.
The rise of remote patient monitoring creates opportunities for seamless data exchange.
Trip Hofer's appointment as CEO may accelerate Redox's growth and innovation.

Funding

Total raised$90.46 M
Latest valuation$225.00 M
StageSERIES_D