Kalderos

Kalderos

Optimizes drug discount management and compliance

About Kalderos

Simplify's Rating
Why Kalderos is rated
B+
Rated C on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

AI & Machine Learning

Healthcare

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$49.9M

Headquarters

Chicago, Illinois

Founded

2016

Overview

Kalderos provides a platform designed to improve the management of drug discounts in the healthcare sector. This platform helps healthcare providers and pharmaceutical manufacturers accurately manage discount claims and avoid duplicate discounts. By using data analytics and machine learning, Kalderos simplifies the often complicated process of drug discount management, making it more efficient and clear. Clients subscribe to the service, paying for access to its features, which include real-time data validation, detailed reporting tools, and automated compliance checks. These features assist clients in saving time and minimizing financial risks related to drug discount programs. Kalderos primarily serves large healthcare systems and pharmaceutical companies in the United States.

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Simplify's Take

What believers are saying

  • Growing demand for AI-driven compliance solutions in healthcare boosts Kalderos' market potential.
  • Expansion of 340B program compliance needs increases demand for Kalderos' services.
  • Collaboration opportunities with hospitals enhance Kalderos' drug discount management capabilities.

What critics are saying

  • Strategic shifts by new CSO Daryl Todd may disrupt existing operations.
  • Involvement in Arkansas litigation could lead to legal challenges or reputational damage.
  • Accountant shortage in the U.S. may impact Kalderos' financial reporting capabilities.

What makes Kalderos unique

  • Kalderos offers a unique SaaS-based drug discount management solution.
  • The platform uses machine learning to detect inconsistencies in drug discount claims.
  • Kalderos provides real-time data validation and automated compliance checks.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$49.9M

Meets

Industry Average

Funded Over

3 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Phone/Internet Stipend

Commuter Benefits

Home Office Stipend

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

2%

2 year growth

4%
Built In
Sep 4th, 2024
How Kalderos Empowers Team Members to be 'Innovative, Creative, Scrappy and Bold'

Nearly three decades into his tech career, Senior Director of Engineering Anjan Samanta joined Kalderos to advance his work in healthcare IT.

PYMNTS
May 15th, 2024
5 Ai Tips Cfos And Treasurers Need To Know

A tool is only as good as the hand that wields it. And with the influence of artificial intelligence (AI) becoming more prevalent in our daily lives, CFOs and treasury function leaders are re-assessing the historical calculus around integrating AI solutions into their workflows to open up a new horizon of opportunity. Merely automating a process or porting it over to a more efficient technology doesn’t always deliver enough return on investment (ROI) to justify the initial outlay. Ultimately, the real value of a transformation comes from how the new technology changes what gets done

PR Newswire
May 14th, 2024
Kalderos Names Healthcare Industry Veteran Daryl Todd As Chief Strategy Officer

CHICAGO, May 14, 2024 /PRNewswire/ -- Data infrastructure and analytics company Kalderos, creator of the world's first Drug Discount Management platform, today announced the hiring of life sciences legal professional Daryl Todd as chief strategy officer.To download a headshot of Todd, click here.An experienced senior regulatory attorney, Todd is skilled in compliance, commercial contracting, and regulatory law with extensive experience in the pharmaceutical industry. He comes to Kalderos from Johnson & Johnson, where he served as assistant general counsel, focused on legal, compliance, and consumer cost issues. There, he helped create patient-based programs, including copay, voucher, and innovative free-product programs. He also structured collaborative arrangements with hospitals and other healthcare stakeholders.Todd spent more than a decade serving as a board member of the Johnson & Johnson Foundation and Johnson & Johnson Patient Assistance Foundation. At those organizations, he served as lead attorney and helped develop programs that assisted low-income patients with access to their prescribed medicines.As chief strategy officer at Kalderos, Todd will work with Chief Executive Officer Angie Franks and other team members to position the company for further growth and solidify its status as the market leader for drug discount management solutions. A significant focus will be creating new and innovative ways to address drug discount challenges with an eye toward driving more discount value to consumers."Daryl's experience with hospitals and drug manufacturers, besides his meaningful work with patients and doctors, gives us valuable insights into 340B, Medicaid, and commercial drug discount programs designed to lower the price of drugs for consumers," said Franks

Hit Consultant
May 14th, 2024
Kalderos Appoints Daryl Todd As Chief Strategy Officer

Daryl Todd, Chief Strategy Officer at KalderosWhat You Should Know: – Kalderos, the data infrastructure and analytics company behind the world’s first Drug Discount Management platform, has appointed Daryl Todd as its new Chief Strategy Officer. – Todd, a seasoned legal professional with extensive experience in the life sciences industry, brings a unique combination of legal expertise and patient advocacy to the table.Building on a Strong LegacyTodd’s impressive career boasts senior regulatory attorney roles, with a deep understanding of compliance, commercial contracting, and regulatory law. Before joining Kalderos, he served as Assistant General Counsel at Johnson Johnson, focusing on legal, compliance, and consumer cost issues. In this role, he played a pivotal role in:Creating patient-centric programs to improve medication access, including copay assistance, vouchers, and innovative free-product initiatives.Structuring collaborative arrangements with hospitals and other healthcare stakeholders.A Passion for Patient AdvocacyTodd’s commitment extends beyond legal expertise. For over a decade, he served as a board member for both the Johnson Johnson Foundation and the Johnson Johnson Patient Assistance Foundation. As lead attorney for these organizations, he played a key role in developing programs that helped low-income patients afford their prescribed medications.Prior to Johnson Johnson, Todd held senior counsel positions at both Bristol-Myers Squibb, where he worked on hospital agreements and patient assistance programs, and McCarter English, where he represented hospitals in legal matters. He holds a law degree from Rutgers Law School and a bachelor’s degree in American History from the University of Pennsylvania.Shaping the Future of Drug Discount ManagementAt Kalderos, Todd will collaborate with CEO Angie Franks and the leadership team to propel the company’s growth and solidify its position as the leading provider of drug discount management solutions

PYMNTS
Apr 22nd, 2024
Can Companies Automate Away America’S Growing Accountant Shortage?

When it comes to choosing a career in accounting, the numbers no longer add up. That’s because, from corporate finance departments to CPA (certified public accountant) prep courses, finance functions across America are suffering from an ongoing attrition of their most seasoned team members while the accounting profession as a whole is failing to replace them by drawing in the next generation of workers. In 2023 alone, over 720 companies cited insufficient staffing levels across key financial and accounting departments and noted that the lack of help meant there could be potential errors in their reporting, per a March report from Bloomberg

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