HealthVerity, Inc., a Philadelphia, PA-based cloud platform for the discovery, licensing and linking of broad scale healthcare data, secured $10m in Series B financing.
The round was led by Flare Capital Partners and Greycroft Partners with participation from Foresite Capital and additional strategic healthcare investors.
The company intends to use the funds for continued expansion of its healthcare data ecosystem, advanced privacy solutions and proven data interoperability technologies.
Led by Andrew Kress, co-founder and chief executive officer, HealthVerity provides pharmaceutical manufacturers, provider and payer customers with a cloud platform for the discovery, licensing and linking of broad scale healthcare data from traditional and emerging data suppliers. The company’s marketplace now offers linkable HIPAA-compliant de-identified healthcare data on more than 300 million individuals in the United States from over thirty national healthcare data suppliers providing medical claims, prescription claims, lab results, electronic medical records and other significant data types.
The company’s platform includes self-service tools that enable users to build custom datasets by understanding and selecting relevant data sources, identifying counts of target patients and exploring longitudinality across multiple sources.