Edifecs
Facts
- HQ
- Bellevue, Washington
- Sectors
- Healthtech, Healthcare software, Healthcare data interoperability
Bala Vishwanath Named SeekOut CMO; Zillow’s Chad Cohen and Zulily’s Darrell Cavens Join Grindr and Match Group Boards
Bala Vishwanath joined SeekOut as chief marketing officer, while former Zillow CFO Chad Cohen and ex-Zulily CEO Darrell Cavens joined the boards of Grindr and Match Group, respectively. These appointments highlight leadership changes in prominent Seattle-area tech and dating companies.
Generative AI Poised to Boost Healthcare Efficiency but Slow Adoption and Sales Cycles Challenge Startups, Says Frazier’s Nader Naini
Generative AI and automation offer efficiency opportunities in the $4.5 trillion healthcare sector, but startups face challenges due to slow technology adoption and lengthy sales cycles. Venture funding in digital health exceeded $10 billion last year, with strong activity in Seattle-area startups and increased M&A.
Former Fabric CEO Faisal Masud Joins HP as SVP and President of New WW Digital Services Division
Former Fabric CEO Faisal Masud has joined Hewlett-Packard as senior vice president and president of the new WW Digital Services division within HP Workforce Solutions, remaining based in Seattle. Masud brings extensive experience from Amazon, eBay, Groupon, Staples, and Alphabet's Wing, while Fabric continues to grow under new leadership after a $140 million funding round.
Six Former Amazon Execs Including Flexport CEO Dave Clark Depart $8 Billion Logistics Startup
Flexport saw the departure of six former Amazon executives, including CEO Dave Clark and president Teresa Carlson, highlighting recent executive turnover at the $8 billion-valued logistics company. Several of these leaders had long Amazon tenures before joining Flexport, which offers cloud-based freight forwarding and saw $3.3 billion in revenue in 2021.
GeekWire Names Adaptive Biotechnologies, Blink, Helion, Impinj, and Treasury4 as 2023 Workplace of the Year Finalists
The 2023 GeekWire Awards announced five finalists for Workplace of the Year—Adaptive Biotechnologies, Blink, Helion, Impinj, and Treasury4—highlighting their employee-friendly policies amid recent challenges. Winners will be revealed on May 18 following community voting and judge evaluations.
Former Microsoft Teams VP Bhrighu Sareen Named Highspot President of Product & Engineering As Startup Hits $3.5B Valuation
Bhrighu Sareen, former Microsoft Teams corporate VP, joined Highspot as president of product & engineering, a startup valued at $3.5 billion. Other leadership changes include DocuSign naming Google exec Allan Thygesen as CEO amid layoffs, and Edifecs and Acumatica hiring seasoned executives.
Edifecs acquires NLP startup Talix to expand value-based care and risk-adjustment capabilities
Bellevue-based health software firm Edifecs has acquired San Francisco startup Talix, which uses natural language processing to mine health data for billing, risk adjustment and care management; terms were not disclosed. The deal expands Edifecs’ value-based care offerings and aims to provide end-to-end risk adjustment from insight to submission.
Icertis names ex‑SAP marketer Gretchen Eischen as CMO amid $2.8B valuation; Apollo partner David Sambur exits Expedia board
Icertis hired former SAP marketing executive Gretchen Eischen as CMO while moving Seth Nesbitt to a newly created culture role; Icertis was valued at $2.8B after an $80M round. Apollo partner David Sambur resigned from Expedia Group’s board after a $1B investment, and Remitly named Vishal Ghotge EVP of North America.
Sally Jewell named Edward V. Fritzky chair at UW Foster; Riveter CEO Amy Nelson relocates to Columbus; other exec moves
A roundup of leadership moves: former Interior Secretary Sally Jewell will be the Edward V. Fritzky endowed chair at UW Foster School for 2021–22; Riveter CEO Amy Nelson is relocating to Columbus but will remain with the company; and several other executives (including Jeff Blackburn, Randy Tinseth, and Vinayak Hegde) are taking new roles or joining boards.
Edifecs announces private equity investment from TA Associates and Francisco Partners, deal closing within two months
Bellevue-based Edifecs, a 24-year-old healthcare software company, announced a private equity investment from TA Associates and Francisco Partners to accelerate product innovation and market growth; financial terms were not disclosed and the deal is expected to close within two months (PEHub estimated $1.4 billion).
