PicnicHealth Raises $35M in Funding

PicnicHealth

PicnicHealth, a San Francisco, CA-based startup that gives patients access to their medical records and the ability to contribute to scientific research, raised $35m in equity financing.

This included a new $25m Series B led by Felicis Ventures, and a previously-unannounced $10m Series A led by Amplify Partners in 2018. Amplify also participated in the Series B. In conjunction with the funding, Managing Director of Felicis Ventures, Sundeep Peechu will join Amplify General Partner Sunil Dhaliwal on the PicnicHealth board.

The company intends to use the funds to move into new disease areas, expanding access to the platform to more patients, while building new research data sets and focus on building engineering, machine learning, and clinical informatics capacity to scale its regulatory-grade data pipeline.

Founded in 2014 by Noga Leviner and Troy Astorino, PicnicHealth is a healthcare technology company that partners with patients, porting their complete medical records into an online application. The platform gives patients access to and control over their medical records and, with their consent, the opportunity to contribute this valuable data to further scientific research. the company partners with several of the world’s largest biopharma companies and academic research institutions.

The investment follows PicnicHealth’s recently-announced partnership with Roche and Genentech.

FinSMEs

01/09/2020

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