Freshpaint

Freshpaint

Ensures HIPAA compliance for digital analytics

About

Freshpaint provides a solution for healthcare providers and businesses that need to comply with HIPAA, a law that protects patients' medical records and health information. Their main service replaces non-compliant tracking technologies with their own, ensuring that Protected Health Information (PHI) is not shared with advertising and analytics tools. This allows businesses to use existing tools like Google Analytics without risking HIPAA violations. Freshpaint operates in a niche market, focusing on the intersection of digital analytics and healthcare privacy, and likely uses a subscription or usage-based fee model to generate revenue while helping clients maintain compliance with privacy laws.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Healthcare

Total Funding

$38.6M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • Freshpaint.io's recent $30.7 million Series B funding round indicates strong investor confidence and provides ample resources for expansion and innovation.
  • Partnerships with companies like CallRail and MoreVisibility enhance Freshpaint.io's market reach and integration capabilities, making it a more attractive solution for healthcare providers.
  • The platform's ability to unlock marketing capabilities while ensuring HIPAA compliance can significantly improve patient engagement and acquisition for healthcare organizations.

What critics are saying

  • Operating in a highly regulated market means Freshpaint.io must continuously adapt to changing privacy laws, which can be resource-intensive.
  • The niche focus on healthcare privacy may limit market expansion opportunities outside the healthcare sector.

What makes Freshpaint unique

  • Freshpaint.io uniquely focuses on providing HIPAA-compliant tracking solutions, a niche yet critical need in the healthcare sector.
  • Their platform allows healthcare organizations to use existing tools like Google Analytics without risking HIPAA violations, setting them apart from general analytics providers.
  • The company's emphasis on privacy-first marketing solutions ensures that healthcare providers can engage in digital marketing while maintaining strict compliance with privacy regulations.

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Growth & Insights
Headcount

6 month growth

33%

1 year growth

88%

2 year growth

315%

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