M&A Deal Summary |
|
|---|---|
| Date | 2022-10-10 |
| Target | Prognos Health - Analytics Business Unit |
| Sector | Software |
| Buyer(s) | Gradient AI |
| Sellers(s) | Prognos Health |
| Deal Type | Divestiture |
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Gradient AI is a provider of proven artificial intelligence (AI) solutions for the insurance industry. Its solutions improve loss ratios and profitability by predicting underwriting and claim risks with greater accuracy, as well as reducing quote turnaround times and claim expenses through intelligent automation. Gradient AI was founded in 2018 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Software M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2010 |
| Sector | Information Technology |
Prognos Health is focused on enabling data accessibility for everyone by leveraging technology and our clinical experience. Prognos are removing data silos and fragmentation by linking, normalizing and standardizing data. Prognos Health was founded in 2010 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Software M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-02 |
Medivo - Lab Services Platform
United States Medivo - Lab Services Platform is a provider of IT based services for healthcare industry. |
Sell | - |
