Komodo Health Secures $220M for Life Sciences Data Platform at $3.3B Valuation

Komodo Health Acquires Cloud-Based Life Sciences Platform Nevis

What You Should Know:

Komodo Health announces $220M Series E investment to advance its enterprise healthcare and life sciences platform. At a $3.3 billion valuation, the investment underscores the company’s rapidly growing role as a foundational enterprise technology platform helping to drive digital transformation across the healthcare industry. 

– Founded in 2014, Komodo Health’s Healthcare Map™ is the industry’s largest and most complete record of de-identified, real-world patient insights, the Healthcare Map™ uses artificial intelligence and advanced data analytics to track encounters with the healthcare system for over 325 million patients. Drawing from across the healthcare system, Komodo’s Healthcare Map™ is the only system of insight of its kind to provide a longitudinal view of the patient journey at scale.

–   The additional funding will allow Komodo Health to accelerate investment in its enterprise technology platform, application suite, and core data assets. 

– Earlier this year, Komodoannounced its strategic acquisition of Mavens — a pioneer in cloud computing for the life sciences industry — as well as its Series D funding led by ICONIQ Growth.