202001 Sep

PicnicHealth raises $25 million for its patient health record management service –

Summary

For Felicis Ventures managing director Sundeep Peechu, a new director on the PicnicHealth board following his firm’s lead investment into the company, the opportunity Leviner’s company presents is in putting the patient first when it comes to data management. Those are businesses like TrueVault and Aptible, which focus on delivering secure information to medical personnel rather than to the patient. The access that pharmaceutical companies get when they work with PicnicHealth means they’re able to use deep data sets to create longitudinal studies of patients over time. For patients, it means the difference between a potential early diagnosis that may enable physicians to initiate treatment before a disease manifests itself, Peechu said. To date, PicnicHealth has raised nearly $40 million from investors, including YCombinator, Amplify Partners and Felicis Ventures, with participation from notable investors in a seed round that included Social+Captial, Great Oaks, Slow Ventures, YC partner Paul Buchheit, Scott Marlette, Sam Lessin, Joe Greenstein, Rashmi Sinha, Jameson Hsu, Kenny Van Zant, Rishi Kacker, Ramji Srinivasan, Eric Evans and Stanford’s StartX Fund.

Source: Techcrunch

Funding

$25M
Amount
Sep 01 2020
Date
-
Investor
PicnicHealth
Company

Classifications

Companies