WoundMatrix

What WoundMatrix does

WoundMatrix is a cloud-based wound management and telehealth platform founded in 2000 that enables clinical capture, measurement, and longitudinal tracking of wound images and outcomes. The platform is delivered through mobile and web applications, supports telehealth workflows, and integrates with third-party electronic health record systems; its computer-vision-assisted wound measurement functionality has been validated in a Johns Hopkins clinical study. Target end users include hospitals, hospital-at-home and telehealth programs, long-term acute care facilities (LTACs), visiting nurse associations (VNAs), and clinical research organizations (CROs), with regulatory positioning across HIPAA, FDA 21 CFR Part 11, and UKCA marking to serve US and UK markets.

The platform combines customizable data fields with image capture and EHR integration to standardize wound documentation across care settings, reducing inter-clinician measurement variability and supporting outcome reporting for chronic-wear populations such as diabetic ulcers, pressure injuries, and surgical wounds. Compliance with 21 CFR Part 11 supports use in regulated clinical research contexts, where audit trails and electronic signature requirements apply.

The company operates a subscription-based business model complemented by professional services for implementation, EHR integration, training, and configuration. Go-to-market is delivered through direct enterprise sales augmented by channel partners, including a Premier group purchasing agreement and an Insight Enterprises co-sell partnership in the US, alongside a 10-year deployment with Kent Community Health NHS Foundation Trust and ABHI/PRSB memberships for UK NHS expansion.

Name

WoundMatrix

Legal name

WoundMatrix, Inc.

Website

https://woundmatrix.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

WoundMatrix is a cloud-based wound management and telehealth platform founded in 2000, serving hospitals, LTACs, VNAs, CROs, and telehealth providers with mobile/web tools and computer-vision-assisted wound measurement validated by a Johns Hopkins clinical study.

Ownership category

akta.pro rank

Product category

Wound Management Software (Healthcare IT)

NAICS

Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Wound Care & Ulcer Management (HLAKACAN)

akta.pro secondary industries

Home-Based Wound Care & Ostomy Nursing (HLADAFAH), Complex Wound Care SNFs (HLADADAJ)

Keywords

• Wound management software
• Telehealth platform
• Clinical documentation
• Healthcare SaaS
• Remote patient monitoring

Headquarters

HQ city

Chadds Ford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Software Licensing/Subscription: Cloud-based mobile wound management software licensed to healthcare organizations including hospitals, clinics, VNAs, and telehealth providers. Revenue generated through software subscriptions deployed via Health-Enabled Cloud Environment.
2. Professional Services: Implementation, installation, custom integration, migration, and training services for WoundMatrix software deployments. Includes on-site and virtual training, interface development, and project management.
3. Enterprise Agreements: Group purchasing agreements with healthcare networks like Premier, allowing member organizations to access negotiated pricing and terms for WoundMatrix solutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

WoundMatrix develops and licenses a cloud-based wound management and telehealth software platform that allows clinicians to document, measure, photograph, and analyze wound data across mobile devices, web browsers, and telehealth encounters. The offering is sold to hospitals, clinics, visiting nurse associations, long-term acute care hospitals, telehealth providers, and contract research organizations under subscription and licensing arrangements, with implementation, integration/migration, and training services.

Product overview

WoundMatrix offers a unified cloud-based Mobile Wound Management and Telehealth platform. The core product portfolio centers on the WoundMatrix application, comprising a tablet-based mobile application, the WoundMatrix Web interface, and the WoundMatrix TeleHealth Solution, all connected through a cloud-based Health-Enabled Cloud Environment. The platform is complemented by professional services including implementation/installation services, custom integration and migration services, and training and support services. The system enables secure wound image capture, measurement, and documentation at the point of care, with data analytics for outcome tracking and treatment pathway optimization.

Differentiator

Problem solved

Functional benefit

Products and services

• WoundMatrix Software Platform

Quantifiable outcome

• Reduced measurement variability per Johns Hopkins Clinical Study
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature8 records

Partnerships

Seven partnerships are on record, tiered core, flagship and minor.

• Insight Enterprises Inc.coreTechnology or Integration · 1 June 2021Partnership with Insight UK, a leading provider of technology solutions, to host WoundMatrix Mobile Wound Management software in the UK. Insight offers WoundMatrix via its cloud platform to customers desiring an easy, secure, and integratable wound imaging and documentation solution. Insight has presence in 19 countries and has been serving customers since 1988. The partnership enables seamless, instant installation in an affordable and secure hosting environment.
• Premier Healthcare AlliancecoreChannel Partner/ Reseller/ Distributor · 20 March 2018Group purchasing agreement for Digital Wound Management Systems allowing Premier's approximately 3,900 U.S. hospitals and 150,000 other providers to access WoundMatrix at pre-negotiated pricing and terms. Effective March 1, 2018, this agreement enables better health outcomes at lower cost for Premier members and patients through WoundMatrix's innovative wound imaging technology.
• Kent Community Health NHS Foundation Trust (KCHFT)flagshipStrategic or Co-development Partner · 19 October 201710-year partnership to launch telemedicine and wound care program. WoundMatrix mobile application enables KCHFT nurses to monitor and track patient wounds including pressure ulcers on mobile tablets in real-time. The program is expected to reach 5,000 users in the Kent community over two years. ROI calculated at thousands of pounds saved per caseload through improved dressing usage and reduced GP prescribing budget. The grand opening of the specialist wound medicine centre was held at Sevenoaks Hospital with local MP Sir Michael Fallon in attendance.
• Association of British HealthTech Industries (ABHI)minorOthersWoundMatrix is a member of ABHI, the UK's leading industry association for health technology. ABHI supports the HealthTech community with 300 members accounting for approximately 80% of the sector by value. The association helps companies provide products and services that help people live healthier lives.
• Unity InsightsminorStrategic or Co-development PartnerWoundMatrix commissioned Unity Insights to provide an independent health economic appraisal to determine the cost-benefit of deploying WoundMatrix as a digital wound care management solution to NHS Trusts in the UK. The appraisal will provide insights and recommendations benefiting patients, staff, and the NHS Health System as it transitions towards digital wound care management.
• Rio EPR (Access Group)coreTechnology or IntegrationIntegration with Rio EPR, the leading electronic patient record system for community and mental health in the UK supporting over 118,000 users. The link enables clinicians to easily access and share data between WoundMatrix and Rio systems, facilitating seamless workflow integration.
• Professional Record Standards Body (PRSB)minorOthersPRSB is responsible for developing standards enabling interoperability for clinical record sharing across health and care. It brings together 82 members including royal colleges and social care organisations. WoundMatrix's membership in the Standards Partnership Scheme accelerates adoption and meaningful use of standards in digital health solutions.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Swift Medical: Direct competitor offering AI-powered wound imaging and documentation on a mobile/cloud platform. Closest like-for-like peer to WoundMatrix in target customers (hospitals, home health, LTC) and product functionality (computer-vision measurement and tracking).
• Tissue Analytics (Mölnlycke): AI-enabled wound and skin imaging platform now owned by global wound care giant Mölnlycke. Competes head-to-head with WoundMatrix in digital wound measurement and EHR-integrated documentation.
• eKare (Medline): Wound assessment and imaging platform (now part of Medline) that targets similar hospital, clinic, and research customers with tablet-based wound documentation and AI measurement.
• WoundVision: Specialist wound imaging and measurement vendor using thermal and visual imaging for objective wound assessment. Comparable niche focus and customer base to WoundMatrix.

Broad incumbents

• Net Health: Specialty EHR vendor with a dedicated wound care module (WoundExpert) serving hospitals, LTACs, and home health. Broader portfolio than WoundMatrix but directly competes in the wound documentation category.
• Smith+Nephew: Global wound care product and digital health incumbent (e.g., PICO, LEAF, digital wound assessment). Overlaps with WoundMatrix in advanced wound care decision support and outcomes tracking at enterprise scale.
• Mölnlycke Health Care: Global wound care and surgical solutions leader that acquired Tissue Analytics. Competes with WoundMatrix by offering integrated digital wound management alongside dressings and clinical services.
• 3M Health Care: Diversified health care business with skin and wound care products plus clinical informatics. A broad incumbent that competes adjacent to WoundMatrix and could bundle wound imaging into enterprise offerings.

Emerging players

• MolecuLight: Point-of-care imaging company (i:X and DX) that detects bacterial load in wounds. Partial overlap with WoundMatrix in objective wound imaging, focused on a specific diagnostic use case.

Others

• Oracle Health (Cerner): Major EHR platform serving thousands of US hospitals. While not a direct wound care specialist, its installed base and roadmap for specialty modules represent the principal platform-competition threat to WoundMatrix.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/WoundMatrix

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WoundMatrix