@ShahidNShah
Investing in Digital Health Innovation
This week we announced a $150 million Series E round at a $3.2 billion valuation, led by Mubadala Capital. Existing investors include B Capital Group, Microsoft’s M12 fund, OMERS Growth Equity, Steadview Capital, Tiger Global Management; and new investors Whalerock Capital, Avidity Partners, and Schonfeld Strategic Advisors.
What is it about Innovaccer, our Health Cloud and data platform, that’s generating immense interest among the investment community, not to mention providers, payers, and life sciences companies in the healthcare marketplace? Just ask Alaa Halawa, Partner and Head of the US Ventures business at Mubadala Capital, who led this Series E round.
He sat down with Innovaccer’s CEO Abhinav Shashank to talk about the company, Abhinav’s personal journey and background, and the transformative potential of the Innovaccer Health Cloud for accelerating healthcare innovation.
Continue reading at innovaccer.com
Innovaccer Inc.
Innovaccer is a leading healthcare technology company. Were pioneering the data activation platform thats helping our industry realize the promise of value-based care. Innovaccer's proprietary integration & analysis engine activates the data our industry has worked so hard to collect. It cleans, aggregates, and delivers insights when physicians need it mostat the moment of care. This revolutionary technology streams rich analytics with custom insights and dashboards, automates workflows, provides real-time decisions for care teams, and point-of-care alertsactionable intelligence without leaving the EHR experience.
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Taking Healthcare Innovation into High Gear
For decades, healthcare put up with the reality of “big iron” EHR and other legacy systems, surrounded by a patchwork quilt of point solutions, each evolving at an agonizingly slow pace and out of …
Posted Dec 19, 2021 Digital Health Innovation