Avizia
AcquiredBoston, US · Founded 2013 · Delaware corporation · 7 known investors
Avizia provides a digital care platform integrating technology, services, and devices to support care delivery across in-person, virtual, and automated settings for providers, payers, and patients. The company operates in the healthcare technology sector, serving clinicians and healthcare organizations.
Also known as Avizia, Inc. · aviziatech.com
Founders & leadership
Avizia was founded in 2013 by Michael Baird.
Board
Investors · 7
Also in the syndicate · 2
Reported raises · per SEC filings
Form D private placements$23.5M disclosed across 4 of 7 rounds · 2014–2016
▶$18.1MraisedJan 2017 · 22 investors · Other TechnologyRule 506(b)
- Mike BairdExecutive Officer, Director, Promoter
- S. Luke LeiningerExecutive Officer, Director, Promoter
- Cory CostleyExecutive Officer, Promoter
- Leonard KurtzmanDirector
- Edward H. KennedyDirector
- Todd StottlemyerDirector
- Randy ScottDirector
- Offering amount
- $18.1M
- Amount sold
- $18.1M
- First sale
- May 2016
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$3.1MraisedFeb 2015 · 1 investors · Other TechnologyRule 506(b)
- Corey CostleyExecutive Officer
- Shahram PartoviDirector
- Lenn KurtzmanDirector
- Edward KennedyDirector
- Steven Luke LeiningerExecutive Officer, Director
- Michael BairdExecutive Officer, Director
- Offering amount
- $4M
- Amount sold
- $3.1M
- First sale
- Jan 2015
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$575.7KraisedNov 2014 · 41 investors · Other TechnologyRule 506(b)
- Shahram PartoviDirector
- Edward KennedyDirector
- Michael BairdExecutive Officer, Director
- Leonard KurtzmanDirector
- Cory CostleyExecutive Officer
- Steven Luke LeiningerExecutive Officer, Director
- Offering amount
- $639.7K
- Amount sold
- $575.7K
- First sale
- Oct 2014
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$1.7MraisedAug 2014 · 22 investors · Other TechnologyRule 506(b)
- Edward KennedyDirector
- Leonard KurtzmanDirector
- Michael A. BairdExecutive Officer, Director, Promoter
- Steven Luke LeiningerExecutive Officer, Director, Promoter
- Corey CostleyExecutive Officer, Director, Promoter
- Offering amount
- $2M
- Amount sold
- $1.7M
- First sale
- Aug 2014
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Avizia, Inc. is a telemedicine and telehealth company that supplied an end-to-end solution combining video-enabled medical carts and devices with software for care coordination, provider collaboration and patient engagement. Its portfolio included telemedicine devices, workflow management software, store-and-forward capabilities with EHR integration, and peripherals such as digital stethoscopes and examination cameras, with the platform supported by Cisco technology. Use cases described by the company include remote medical consultations, telestroke peer-to-peer physician consults, reducing emergency room wait times, and remote clinical teaching.
The company was headquartered in Reston, Virginia at the time of its financing announcements. In 2014 it introduced the CA300 telemedicine system at the ATA 2014 conference. Gartner listed Avizia as a sample vendor delivering an Enterprise Virtual Care Platform in its "Hype Cycle for Telemedicine and Virtual Care, 2016" report.
The avizia.com domain and its subdomains now host Amwell's website and virtual care application, which is branded "Powered by Amwell" and markets a technology-based care platform for health plans and health systems covering virtual primary care, behavioral health and clinical partner programs.
Business model
Avizia sold telehealth technology to healthcare providers, packaging hardware (video endpoints and clinical peripherals), workflow management and store-and-forward software with EHR integration, and professional services as an end-to-end offering that customers could implement across their facilities.
Traction
More than 200 customers in over 20 countries as of August 2014, growing to more than 400 healthcare systems in 37 countries by October 2016, including 8 of the top 10 U.S. hospital networks; NewYork-Presbyterian used Avizia technology for telestroke consults and emergency-department access programs.
Latest developments
The avizia.com domain and subdomains, including its patient-facing virtual care application, now serve Amwell-branded content and services for health plans and health systems.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Avizia described itself as one of the world's largest suppliers of telemedicine solutions, citing more than 200 customers in over 20 countries in 2014 and, by late 2016, deployments at more than 400 healthcare systems across 37 countries including 8 of the top 10 U.S. hospital networks. Gartner cited it as a sample Enterprise Virtual Care Platform vendor in 2016.
Technology
Cisco-supported telemedicine endpoints and carts, including the CA300 system, combined with workflow management software, store-and-forward functionality with electronic health record integration, and clinical peripherals such as digital stethoscopes and examination cameras.
Go-to-market
Direct enterprise sales to hospital systems and providers supported by sales channel expansion after its 2014 raise, with strategic hospital partners such as NewYork-Presbyterian advising on platform development.
Hospitals and health systems, including large hospital networks and academic medical centers, as well as other healthcare providers seeking to extend clinical expertise beyond their geography.
Geography
Headquartered in Reston, Virginia, with customer deployments reported in over 20 countries in 2014 and 37 countries by 2016.
History
Avizia unveiled its CA300 telemedicine system at ATA 2014 and closed an equity financing round led by NextGen Angels in August 2014, at which point Edward Kennedy joined its board alongside Leonard Kurtzman. It established a commercial banking relationship with Silicon Valley Bank around 2013. In July 2016 it announced an initial $11 million of Series A funding, completing the round at $17 million with an additional $6 million in October 2016 from HealthQuest Capital and NewYork-Presbyterian, accompanied by $3 million of debt financing and a $1.5 million line of credit from Silicon Valley Bank. Avizia's web properties are now operated under the Amwell brand.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 2
by search overlap
Companies competing with Avizia for the same Google search keywords, organic and paid, via search-intersection analysis.
Acquisitions · 1
Early investors' stakes continue via these dealsInvestor; acquired by Avizia in 2017.
Timeline · 6
launches, deals, and filingsAlongside the Series A equity raise, Avizia and Silicon Valley Bank expanded their three-year relationship with $3 million in debt financing and a $1.5 million line of credit.
$3M source ↗
HealthQuest Capital Partner Randy Scott was appointed to Avizia's board of directors in connection with the additional Series A investment.
Gartner listed Avizia as a sample vendor delivering an Enterprise Virtual Care Platform in its "Hype Cycle for Telemedicine and Virtual Care, 2016" report.
Edward Kennedy, CEO and president of Tollgrade Communications, joined Avizia's board in connection with the 2014 equity round, joining Leonard Kurtzman, CFO of newBrandAnalytics, who had joined earlier that spring.
Avizia established a commercial banking relationship with Silicon Valley Bank around the time of its 2014 equity financing.
Avizia introduced its CA300 telemedicine system at the ATA 2014 conference, shortly before closing its 2014 equity financing.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 6
primary sources listed
- Aviziaavizia.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Avizia do?
- Avizia is a telehealth company providing end-to-end video devices, software and services for hospitals and health systems.
- Who founded Avizia?
- Avizia was founded by Michael Baird in 2013.
- Who are Avizia's investors?
- Avizia's investors include Martin Ventures, NextGen Venture Partners, Blue Delta Capital, HealthQuest Capital, Lavrock Ventures.
- How much funding has Avizia raised?
- Avizia has disclosed $23.5M raised across 4 of its 7 known rounds.
- Where is Avizia headquartered?
- Avizia is headquartered in Boston, US.