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Ethermed

Ethermed

Private
Philadelphia, PennsylvaniaHealthcare & Life Scienceshttps://www.ethermed.ai/

Last Round

Series A

Apr 21, 2026

Total Funding Raised

$15M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Ethermed is a healthcare technology company that provides an AI-powered SaaS platform to automate prior authorizations. The platform integrates with EHR and payer systems to streamline workflows, reduce administrative work, and accelerate patient access to treatment.

Sector

Healthcare & Life Sciences

Verticals

Medical AI, Revenue Cycle, Workflow Automation, EHR & EMR, NLP & Conversational AI

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS, Services & Consulting

AI Layer

Application

Keywords

prior auth automationprior authorization automationEHR integrationB2B SaaSmedical AIRCMrevenue cycle managementhealthcare automationpre-authorizationutilization managementmedical necessityworkflow automationEpic integrationCerner integrationpayer portal automationCMS compliance

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Ethermed Comparables

Compare Ethermed with similar companies based on industry and business-model similarity.

Ethermed comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Humata Health
93%
Anterior
87%
Lena Health
87%

Ethermed Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AApr 21, 2026
SeedMar 1, 2022

Key People

Founding team and executive leadership

Daniel Friedman

CEO And Cofounder

Founding Team

John Cococcia

CFO

Executive Team

Ethermed Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 16, 2026

    Grew 17% QoQ, from 29 to 34 employees.

  • Apr 26, 2026

    Grew 15% QoQ, from 26 to 30 employees.

Ethermed Filings

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Ethermed filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Ethermed's valuation, stock price, and market status.

Is Ethermed a public or private company?

Ethermed is a private company.

What is the current stock price of Ethermed?

Ethermed is a private company with no public stock price. No recent secondary market data is available.

How much is Ethermed worth (valuation)?

Valuation information for Ethermed is not publicly available.

Can I buy Ethermed stock?

Ethermed shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Ethermed's last funding round?

Ethermed's most recent funding round was Series A on April 21, 2026.

Who are the main investors in Ethermed?

Key investors in Ethermed include Enfield Capital Partners, Blue Marlin Partners.

Will Ethermed IPO soon?

No public IPO plans have been announced for Ethermed.

How can I track Ethermed secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Ethermed's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersPhiladelphia, Pennsylvania
Employee Range28
Year Founded2021
Last FundingApr 21, 2026

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