Health Catalyst Closes $33M Series B Funding

Published On January 8, 2013 |

Health Catalyst (formerly known as Healthcare Quality Catalyst), a Salt Lake City-based provider of healthcare data warehousing solutions, closed a $33m Series B funding.

The round was led by Norwest Venture Partners (NVP), with participation from existing investor Sequoia Capital and Sorenson Capital.

The company intends to use the capital to continue to invest in technology, services, and people.

Led by Dan Burton, CEO, Health Catalyst provides a platform of more than 40 integrated products that enables hospitals and health systems of any size to integrate and analyzes complex operational, financial, clinical, and research data. The company’s solution is utilized in the care of more than 20 million patients, including at Allina Health, Indiana University Health, MultiCare Health System, North Memorial Health Care, Providence Health & Services, Stanford Hospital and Clinics, and Texas Children’s Hospital.

In conjunction with the funding, Promod Haque, managing partner at Norwest Venture Partners (NVP), will join the company’s board, with Fraser Bullock, co-founder and managing director of Sorenson Capital, participating as a board observer.

FinSMEs

08/01/2013

 

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