CONTEXT: Commercial announcement of a significant funding round to build out a data analytics platform in the US
IMPACT: Medium
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1. “Healthcare “map maker” Komodo Health netted $220 million in new funding to build out its data analytics platform for healthcare and life sciences research.”
2. “The hefty investment underscores the startup’s rapidly growing role as a foundational enterprise technology platform helping to drive digital transformation across the healthcare industry, Komodo Health executives said in a press release.”
3. “In January, Komodo Health inked a multi-year deal to import Blue Health Intelligence’s real-world patient data into its map of the U.S. healthcare system.”
4. “Komodo Health has created a standard for real-world data and analytics by pairing data on patient encounters with enterprise cloud technologies that connect the dots between individual patient journeys and large-scale health outcomes.”
5. ““We had a vision seven years ago that integrating robust data with software solutions was the way forward for healthcare at a time when no one was doing this,” said Web Sun, co-founder and president of Komodo Health in a statement.”