Innovaccer valued at $3.2 billion in $150 million funding

Innovaccer valued at $3.2 billion in $150 million funding

3 years ago
Anonymous $FNmJglWnLu

https://techcrunch.com/2021/12/15/innovaccer-valued-at-3-2-billion-in-150-million-funding/

Innovaccer has raised a new financing round and more than doubled its valuation to $3.2 billion from $1.3 billion in February this year as a growing number of healthcare organizations move to use the San Francisco-headquartered firm’s platform to put their troves of data to better use.

Mubadala Capital led the $150 million Series E round, pushing the startup’s all-time raise to over $375 million. Whalerock Capital, Avidity Partners, and Schonfeld Strategic Advisors as well as existing investors including Tiger Global, B Capital Group, Microsoft’s M12 fund, and Steadview Capital also participated in the round.

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