• Skip to main content
  • Skip to secondary menu
  • Skip to footer

OPINT

OPINT stands for Operational Intelligence

  • About
    • GDPR
  • Sponsored Post
    • Make a Contribution
  • Job Board
  • Contact

HealthVerity Raises $100M to Scale IPGE Platform, Market-Leading Technology and Real-World Data Infrastructure

June 28, 2021 By admin Leave a Comment

The Series D round, led by Durable Capital Partners LP, will help scale platform capabilities, enabling secure data exchange across the broadest ecosystem.

PHILADELPHIA – HealthVerity announced today the close of $100 million in Series D funding to accelerate the growth of its IPGE (Identity, Privacy, Government and Exchange) platform. This latest round of funding, led by Durable Capital Partners LP, with participation from all existing investors including Flare Capital Partners, Foresite Capital and Greycroft will help HealthVerity meet the increasing demand for its critical technologies empowering the health insights economy. Beyond accelerating go-to-market initiatives, the financing will fund expansion of the already existing largest real-world data ecosystem and industry-leading patient identity resolution technology.

“We are excited to partner with HealthVerity as it continues to build the next generation of modern technologies that will support the shift towards increased real-world data governance and privacy needs within healthcare,” said Henry Ellenbogen, Managing Partner & Chief Investment Officer at Durable Capital Partners LP. “After witnessing its growth over the past few years, I believe HealthVerity is uniquely positioned to provide solutions for many of the challenges around identity, privacy and governance that will help life sciences, payers and government agencies power secure and private data exchange across an array of patient-centric use cases. It has the potential to be a significant company.”

“Durable’s goal of partnering with high-growth, long-term transformative companies directly aligns with our mission at HealthVerity, where we have been consistent since our inception in our strategy and approach to evolving the healthcare data ecosystem and supporting our clients as they shift towards patient-centricity,” said Andrew Kress, CEO at HealthVerity. “We are so pleased to have them join the HealthVerity team.“

HealthVerity’s IPGE platform provides a unified infrastructure granting more than 250 leading healthcare enterprises and more than 80% of top pharmaceutical companies the ability to confidently leverage the technical capabilities of Identity, Privacy, Governance and Exchange to discover, access and apply real-world healthcare data to a multitude of use cases. Over the past year, HealthVerity’s growth has been accompanied by the selection from the Department of Health and Human Services (HHS) to deliver Privacy Preserving Record Linkage (PPRL) integrated in the COVID-19 vaccine rollout and partnerships with the FDA and NIH on multiple COVID-19 studies.

About Durable Capital Partners
Durable Capital Partners LP (“Durable”) is an investment manager focused on companies that have the potential to compound over time. Durable invests across private and public markets with a long-term horizon, applying deep knowledge of compounder patterns to support leaders building durable and sustainable businesses. Henry Ellenbogen, who previously was Portfolio Manager of T. Rowe Price’s New Horizon Fund, founded Durable in 2019.

About HealthVerity
Pharmaceutical manufacturers, payers and government organizations have partnered with HealthVerity to solve some of their most complicated use cases through transformative technologies and real-world data infrastructure. The HealthVerity IPGE platform, based on the foundational elements of Identity, Privacy, Governance and Exchange, enables the discovery of RWD across the broadest healthcare data ecosystem, the building of more complete and accurate patient journeys and the ability to power best-in-class analytics and applications with flexibility and ease. Together with our partners, HealthVerity has built the modern way to data for the health insights economy. To learn more about the HealthVerity IPGE platform, visit www.healthverity.com.

Filed Under: News Tagged With: biotech, venture capital

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

Recent Posts

  • “Buy” Recommendation: Cloudflare Positioned for Sustained Growth and Profitability
  • Navigating the Expanding World of Cybersecurity with CybersecurityMarket.com
  • A New Front Opens: North Korea Joins Russia’s War Effort
  • South Korea’s Innovation Showcase: 24 Startups Take Center Stage at TechCrunch Disrupt 2024
  • Spain’s Digital Nomad Visa: A Gateway to a Work-Life Adventure in the Sun
  • Smartoptics enters long-term partnership with US technology solutions provider WIN Technology
  • The Ever-Present Challenge: Why Cybersecurity Remains a Critical Concern
  • European Shoppers Cut Spending Despite Easing Inflation, BCG Survey Finds
  • APA Poll Reveals Future of Nation, Economy, and 2024 Election as Leading Stressors for Americans
  • Gartner Identifies the Top 10 Strategic Technology Trends for 2025

Media Partners

  • Cybersecurity Market
  • Media Partners
Hunters Announces New AI Capabilities with Pathfinder AI for Smarter SOC Automation
Halcyon’s TRIP: A Global Bounty Against Ransomware
Modat launches premier product, Modat Magnify for Cybersecurity Professionals
LogicGate Enhances Risk Cloud Platform with Automated Control Gap Analysis Feature
Forcepoint Accelerates Data Security Evolution with Acquisition of Getvisibility
Arsen Introduces AI-Powered Phishing Tests to Improve Social Engineering Resilience
GenLab and DCSO Forge Strategic Alliance for AI-Powered Cybersecurity in Critical Infrastructure
CrowdStrike Q4 Fiscal 2025: $4.24B ARR and Advanced AI-Driven Cybersecurity Transformation
Knocknoc Raises Seed Funding to Scale Its Just-In-Time Network Access Control Technology
Catalonia’s Digital Fortification: Barcelona Cybersecurity Congress to Spotlight Industrial Defense
Yellow Fiction
Timey
Briefly
Studio Tel Aviv
Market Analysis
API Course
Publishing House
Media Presser
Digital Market
Calendarial

Media Partners

  • Defense Market
  • Media Partners
Lockheed Martin’s VISTA X-62A, a training aircraft, was flown by an AI agent for more than 17 hours
AeroDef Manufacturing 2023: Leading Aerospace and Defense Manufacturing Event, November 7 – 9, 2023, Long Beach Convention Center, California
Teledyne FLIR Defense Wins $91 Million Contract from U.S. Army for Black Hornet 4 Nano-Drones
Farnborough International Airshow 2024: Registration Now Open
Texas A&M Sets Historic Benchmark with Fourth Jack Donnelly Counterintelligence Award
US Navy Awards L3Harris $587 Million Contract for Next Generation Jammer – Low Band Program
L3Harris Receives VAMPIRE Contract for Ukrainian Security Defense Efforts
System High Awarded $49.9 Million Classified IT Destruction Contract
BAE Systems Awarded $145 Million Contract for USS Nitze Modernization
Revolutionizing Maritime Warfare: The JUMP® 20-X Uncrewed Aircraft System
Dossier
Game Tech Market
Domain Aftermarket
Media Presser
Nameable
Defense Market
Market Research Media
Timey
Abbreviatory
MKTG Dev

Copyright © 2022 OPINT.com