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Accolade

accolade.com

Founded Year

2007

Stage

IPO | IPO

Total Raised

$215.4M

Date of IPO

7/2/2020

Market Cap

0.83B

Stock Price

11.52

About Accolade

Accolade (NASDAQ: ACCD) operates as a personalized healthcare company. It provides care delivery, navigation, and advocacy services. It connects individuals and families to the proper care and influences their decisions at every stage. It was founded in 2007 and is based in Plymouth Meeting, Pennsylvania.

Headquarters Location

660 West Germantown Pike Suite 500

Plymouth Meeting, Pennsylvania, 19462,

United States

610-834-2989

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Research containing Accolade

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Accolade in 3 CB Insights research briefs, most recently on Aug 24, 2021.

Expert Collections containing Accolade

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Accolade is included in 6 Expert Collections, including Conference Exhibitors.

C

Conference Exhibitors

5,501 items

HLTH is a healthcare event bringing together startups and large companies from pharma, health insurance, business intelligence, and more to discuss the shifting landscape of healthcare

D

Digital Health 150

150 items

2019's cohort of the most promising digital health startups transforming the healthcare industry

T

Tech IPO Pipeline

282 items

Track and capture company information and workflow.

F

Fintech

7,985 items

US-based companies

H

Health Plans & Benefits Management

744 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

D

Digital Health

10,338 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

Accolade Patents

Accolade has filed 6 patents.

The 3 most popular patent topics include:

  • Autosomal recessive disorders
  • Cannabinoids
  • Designer drugs
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/18/2018

12/8/2020

Rare diseases, Medical terminology, Syndromes, Autosomal recessive disorders, Healthcare occupations

Grant

Application Date

5/18/2018

Grant Date

12/8/2020

Title

Related Topics

Rare diseases, Medical terminology, Syndromes, Autosomal recessive disorders, Healthcare occupations

Status

Grant

Latest Accolade News

Accolade raised to Buy at Bank of America; says recent selloff overdone

May 24, 2023

narvikk Accolade, Inc. (NASDAQ: ACCD ) shares spiked Wednesday after Bank of America upgraded the IT-led healthcare services company to Buy from Neutral, arguing that its recent earnings-led selloff and post-analyst day weakness was overdone. Seattle, Washington-based Accolade ( ACCD ) provides a healthcare management platform for businesses and other clients. The company shares plunged in late April after its Q4 FY23 revenue fell short of expectations. The stock continued to tumble following the analyst day in early May, even as the management raised the firm's FY25 outlook for EBITDA to 2% - 5% from 0% - 3%. "The stock performance post-earnings and analyst day, due in large part to confusions over earnings cadence, we see as well overdone and leaves a highly appealing risk-reward for shares," BofA analyst Michael Cherny wrote. Cherny also opines that the management's decision to raise the EBITDA guidance shows the company's earnings potential. He also added that ACCD is "moving fast towards breakeven, driven by revenue scaling as well as cost cuts in February that accelerated the pace of profitability." More on Accolade

Accolade Frequently Asked Questions (FAQ)

  • When was Accolade founded?

    Accolade was founded in 2007.

  • Where is Accolade's headquarters?

    Accolade's headquarters is located at 660 West Germantown Pike, Plymouth Meeting.

  • What is Accolade's latest funding round?

    Accolade's latest funding round is IPO.

  • How much did Accolade raise?

    Accolade raised a total of $215.4M.

  • Who are the investors of Accolade?

    Investors of Accolade include Humana, McKesson Ventures, Carrick Capital Partners, Andreessen Horowitz, Madrona Venture Group and 11 more.

  • Who are Accolade's competitors?

    Competitors of Accolade include Amino, HealthJoy, Healthee, Summus Global, Transcarent, Castlight Health, Garner Health, Wellframe, Pager, Alight and 15 more.

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