Healthcare

Top Digital Health Data Analytics Fundings to Look Out for in 2021

Sayantani Sanyal

In the past year, the Covid-19 pandemic has accelerated the shift to digital health and drove unprecedented investments in the health tech space. The healthcare data analytics companies have gathered a substantial volume of the amount in the first quarter of 2021.

Some analysts predicted that the pandemic inspired a decline in investments, but 2021 has proven to be a successful year for big venture investments and is breaking all records.

Analytics Insight presents the top digital health data analytics funding that took place in 2021.

• Komodo Health

Amount Raised: US$220M

Transaction Type: Series E

Key Investor(s): Tiger Global Management, Casdin Capital, and others

Komodo Health is an AI-enabled data analytics software platform for healthcare providers. It brings transparency and market intelligence to healthcare and life sciences. The software platform applies AI and other disruptive technologies to its healthcare map.

• Ro

Amount Raised: US$500M

Transaction Type: Series D

Key Investor(s): General Catalyst, TQ Ventures, and others

Ro is a New-York based startup that includes online pharmacy services, telehealth, and in-home care. It is a telehealth company with three online health clinics, and currently, it is focusing on expanding into remote monitoring for chronic conditions.

• Evidation Health

Amount Raised: US$153M

Transaction Type: Series E

Key Investor(s): OMERS Growth Equity, and others

It is a health data analytics company that aims to empower its users to participate in better health outcomes. Evidation measures health in everyday life and enables anyone to participate in its groundbreaking research and health programs.

• Innovaccer

Amount Raised: US$105M

Transaction Type: Series D

Key Investor(s): Tiger Global Management, and others

Innovaccer is a healthcare data startup. It delivers healthcare through pioneering analytics and transparent data. It aims to fully use the data that the industry collects and transform care delivery to work as one.

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