Health Data Science Company Apixio Raises $19.3M in Series D Venture Capital Funding

Funding Rounds

▤ Summary

Apixio Inc., a San Mateo, Calif.-based data science company for healthcare, raised $19.3m in Series D venture capital funding.The round was led by SSM Partners with participation from First Analysis, and Bain Capital Ventures.The company intends to use the funds to develop new applications that create insights for appropriate care and quality measurement.Led by Darren Schulte, MD, CEO, Apixio provides a cognitive computing platform, which mines unstructured medical records, such as medical charts and Medicare-reported chronic condition data, for an accurate view of a patient’s chronic conditions to allow payers and providers to offer more targeted care delivery.The company’s platform has analyzed data from more than six million patients to date.

$ Funding

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Amount $19.3M Total raised
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Date May 24, 2016 Announcement date
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Investors - Lead investors
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Company - Funded company

▥ Classifications

industries
HealthTech
applications
Web and Content Management

◇ AskAI Classifications

Labels
Healthcare Software Artificial Intelligence SaaS

▦ Linked Companies

Apixio
$10M to $25M