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Picis

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Picis, a developer of software and Internet-based perioperative and critical care information systems

Wakefield, United StatesFounded 1973Health Tech & Medtech
Valuation $100–250M Last recorded · 2000
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Picis and the history behind them.

About Picis

In 1994, founders Todd Cozzens and Robert Marcus started Picis to tackle a complex problem: digitizing the high-stakes, high-acuity areas of a hospital. They focused on the most critical and data-intensive departments—the emergency room, the operating room, and the intensive care unit. The company’s name, Picis, stands for Perioperative & Intensive Care Information Systems, reflecting this specific mission. The core of the business was creating software that could automate the massive amounts of data generated in these environments. Picis built a suite of products that created a single, continuous patient record across the entire surgical journey, from pre-op to anesthesia and finally to recovery. This automation reduced manual documentation and allowed clinicians to focus more on patient care. A key part of the strategy was being device-agnostic, integrating with over 400 different medical devices to ensure seamless data flow. A significant chapter for Picis began in 2010 when it was acquired by Ingenix, the health information technology subsidiary of UnitedHealth Group. This move was designed to expand Ingenix’s reach into the clinical side of hospitals. However, the ownership story didn't end there. In 2015, Picis was acquired again, this time by N. Harris Computer Corporation, a subsidiary of Constellation Software. Today, Picis operates as a wholly-owned subsidiary of Harris, continuing its focus on providing specialized software for the most critical areas of healthcare in over 400 hospitals worldwide.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1973
Headquarters
Wakefield, United States
Employees
224
Open positions
None listed
Dealroom signal
58.1/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Surgery
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit May 2015 $0 — Harris ↗
SERIES C✓Equity / VC Jul 2000 $34M $136M BBH Capital Partners · 3i Group · Camden Partners · BayStar Capital —
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Growth signals

Picis website traffic

Latest recorded traffic for Picis is 3.3K monthly website visits, up 73.7% over the last three months. Picis's team grew 0% over the past year.

Latest monthly visits3.3K 3-month web change+73.7% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • 3i Group
  • Kreaxi

Series B and later4 investors entered at this stage

  • BBH Capital Partners
  • Camden Partners
  • BayStar Capital
  • The Hillman Company

Other known investors2 additional known investors

  • Harris
  • Bregal Sagemount
Team profiled 31 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇺🇸 United States62.8%
🇪🇸 Spain25.6%
🇨🇦 Canada4.7%
🇫🇷 France1.2%
🇬🇧 United Kingdom1.2%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Picis on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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