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ProviderTrust

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Providing solutions for the storage, management, and monitoring of required healthcare credentials

Nashville, United StatesFounded 2010Health
Valuation $0–100M Latest valuation · 2012
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for ProviderTrust and the history behind them.

About ProviderTrust

ProviderTrust, a Nashville-based healthcare technology company, was established in 2010 by Christopher Redhage, Michael Rosen, and Andrew Luers. The founders identified a critical gap in the healthcare sector concerning the ongoing monitoring of employee and vendor compliance, a function often under-resourced within HR and compliance departments. Rosen brought experience from the background screening and identity theft industry, while Redhage's background includes healthcare staffing software and professional sports. This convergence of expertise led to the creation of a firm dedicated to automating and simplifying complex healthcare compliance processes.

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The company operates on a Software-as-a-Service (SaaS) model, providing data and technology solutions to mitigate risk and ensure regulatory adherence for healthcare organizations. Its client base includes payers, providers such as hospitals and health systems, post-acute care facilities, and their vendors across all 50 states. Revenue is generated through subscriptions to its suite of monitoring tools. Since its inception, ProviderTrust has secured funding from investors including Susquehanna Growth Equity and SSM Partners to scale its technology and expand its customer base.

ProviderTrust offers a platform designed to automate the continuous monitoring of healthcare populations. Its core services include ongoing exclusion monitoring against federal (OIG, GSA) and state Medicaid exclusion lists, license and credential verification, and sanction screening. A key product, DynamicNPI™, provides a verified provider profile using just a National Provider Identifier. The platform serves Human Resources, Compliance, and Provider Operations teams by integrating with their existing workflows to identify eligibility and compliance issues before they can impact patient safety or result in financial penalties. This approach aims to reduce fraud, waste, and abuse by ensuring that all individuals and entities involved in patient care are properly credentialed and not present on any exclusion lists.

Source: Dealroom company data

At a glance

Founded
2010
Headquarters
Nashville, United States
Sector
Health
Power Law
Colt$25–100M revenue

Latest news

Press, funding announcements and product moves mentioning ProviderTrust.

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Investors

4 investors on the cap table

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

Series A3 investors entered at this stage

  • Clayton Associates
  • XMi High Growth Development Fund
  • FCA Venture Partners

Series B and later1 investor entered at this stage

  • Susquehanna Growth Equity
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown
Web traffic by country
15K monthly visits
across markets
🇺🇸 United States90.7%
🇮🇳 India10%
Top 2 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ProviderTrust 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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