Series B Opportunity

The infrastructure layer for hospital intelligence.

Ingens unifies clinical, operational, and financial data across health systems — turning fragmented records into real-time decisions. We're raising $30M to accelerate enterprise expansion.

Market Opportunity

A $935B market with no dominant intelligence layer.

Hospital operations generate petabytes of data annually — yet 73% of health system executives report their organizations still make critical decisions from spreadsheets. Ingens is the first platform purpose-built to close that gap at enterprise scale.

$935B

Global hospital management software market by 2030

Grand View Research, 2024

73%

Health system executives still relying on manual reporting

HIMSS Analytics, 2024

6,090

Hospital systems in the US alone — TAM is deep

AHA Hospital Statistics, 2024

2.4×

Faster decision cycles at Ingens-powered health systems

Ingens customer data, 2024

Traction

Real revenue. Real hospitals. Real outcomes.

We've grown from zero to $18M ARR in 36 months — entirely through inbound demand and word-of-mouth from health system CIOs.

47+

Hospital systems

Across 18 US states

$18M

ARR

140% net revenue retention

99.97%

Platform uptime

SLA-backed, enterprise-grade

4.2×

Average ROI

Measured at 12 months post-deployment

$0

Outbound sales spend

100% inbound pipeline

36mo

To $18M ARR

From first enterprise contract

Growth timeline

Q1 2022

First enterprise contract signed — Regional Medical Center, Ohio (12 hospitals)

Q3 2022

Crossed $1M ARR. Closed seed round of $4M.

Q2 2023

Expanded to 20 hospital systems. Launched Compliance module.

Q4 2023

Crossed $8M ARR. Named to Fast Company's Most Innovative Companies in Health.

Q2 2024

Crossed $14M ARR. Closed Series A of $12M led by General Catalyst.

Now

$18M ARR. 47+ hospital systems. Raising $30M Series B to accelerate enterprise sales and international expansion.

The Ask

$30M Series B to own the category.

We have product-market fit, a repeatable sales motion, and a clear path to $100M ARR. This round funds the enterprise sales team, international expansion, and the next generation of our AI reasoning layer.

40%

Enterprise Sales & GTM

Hire 12 enterprise AEs and 4 solutions engineers. Expand into 3 new US regions and establish a UK beachhead.

30%

R&D & AI Capabilities

Accelerate the predictive analytics roadmap. Build the next-generation reasoning layer for clinical decision support.

20%

Infrastructure & Security

Achieve FedRAMP authorization. Expand to multi-region cloud architecture to support international health systems.

10%

Operations & G&A

Finance, legal, and compliance infrastructure to support a public-company-ready operating model.

Competitive Advantage

Three moats that compound over time.

01

Data network effects

Every new hospital system that joins Ingens makes the platform smarter for all. Our anonymized benchmarking dataset now covers 2.1M patient encounters — no competitor can replicate this without years of enterprise contracts.

02

Deep EHR integrations

We've spent 3 years building certified integrations with Epic, Cerner, Meditech, and 200+ other systems. These integrations take 18–24 months to build and certify — a structural barrier to entry that grows with every new connector.

03

Switching costs

Once Ingens is embedded in a health system's operational workflow, it becomes the source of truth for board-level reporting. Our average contract length is 4.2 years. No customer has ever churned.

What Our Partners Say

Ingens didn't just improve our reporting — it changed how our leadership team thinks about the hospital. We make decisions in hours that used to take weeks.

Dr. Sarah Chen

Chief Operating Officer, Midwest Health Alliance

The ROI was evident within 90 days. We identified $3.2M in operational savings in the first quarter alone. I've never seen a platform deliver value this fast.

Marcus Webb

CFO, Pacific Regional Medical Center

We evaluated every major player in this space. Ingens was the only platform that could handle our data complexity and still be usable by non-technical staff.

Jennifer Park

CIO, Northeast Health System

Ingens is the infrastructure layer we didn't know we needed. It's now the first thing I open every morning and the last thing I check before board meetings.

Robert Torres

CEO, Suncoast Hospital Group

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