Statum Systems

Statum Systems

Unifies all wireless networks in an ultra-reliable, secure, and intuitive mobile solution.

HQ location
Madera, United States
Launch date
Employees
Enterprise value
$6m
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DateInvestorsAmountRound
investor

€0.0

round
N/A

€0.0

round
investor

€0.0

round
*

$230k

Valuation: $6.3m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about Statum Systems
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Statum Systems, founded in 2018 by a group of Boston-based medical professionals including Dr. Ara Nazarian and Dr. Arman Serebrakian, is a healthcare technology company addressing fragmented communication within hospitals. The founders' direct experience with the inefficiencies of juggling multiple pagers and single-purpose applications spurred the company's creation. Dr. Serebrakian, a surgical resident, was particularly frustrated by the lack of two-way communication tools, which inspired the application of modern smartphone and cloud technology to solve this persistent issue. The leadership team was later strengthened by the addition of CEO Fred Lizza, a seasoned executive with a track record of leading six other software-based technology companies to successful outcomes.

The company operates in the healthcare IT market, specifically focusing on unified medical communications and collaboration (UCC) for hospitals and medical centers. Its business model is software-as-a-service (SaaS), generating revenue through its enterprise-class platform. The primary clients are healthcare providers, including hospitals and medical practices that are looking to move away from disparate and outdated communication systems. Statum Systems aims to replace the numerous, non-interoperable systems that have accumulated in hospitals over the last two decades.

The core offering is StatumHEALTH™, a HIPAA-compliant, unified medical communications and collaboration platform. This platform is designed to streamline workflows and centralize all communications onto a single smartphone app. A key feature is its patient-centric architecture, which creates "patient sessions" where all members of a care team can participate in the same dialogue and receive real-time updates. This contrasts with competitor products that often rely on peer-to-peer messaging, leading to siloed conversations. The platform also integrates with essential hospital systems like Electronic Health Records (EHR). A complementary hardware product, StatumCONNECT™, is an ID badge holder that captures low-frequency pager signals and transmits them via Bluetooth to the StatumHEALTH app. This patented technology ensures that critical messages are received reliably even in areas with poor WiFi or cellular coverage, effectively bridging the gap between legacy pager reliability and modern smartphone functionality. Furthermore, the platform collects and analyzes communication data to identify opportunities for improving workflows, patient care, and financial performance, with plans to incorporate AI and predictive analytics in the future.

Keywords: Statum Systems, medical communication, healthcare technology, clinical collaboration, unified communications, HIPAA compliant messaging, healthcare IT, StatumHEALTH, StatumCONNECT, patient-centric communication, pager replacement, physician communication, nurse communication, hospital workflow, care team collaboration, digital health, medical messaging, SaaS, Fred Lizza, Ara Nazarian, Arman Serebrakian, EHR integration, healthcare data analytics

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