Aetion

New York, United States Founded: 2012 • Age: 14 yrs Acquired By Datavant
Provides payerprovider, biopharma and medical device customers with a platform to allow them to gain insights into the clinical and financial status of a population
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About Aetion

Aetion is a company based in New York (United States) founded in 2012 was acquired by Datavant in May 2025.. Aetion has raised $203.6 million across 5 funding rounds from investors including Amgen, UCB and Datavant. Aetion has completed 1 acquisition, including Replica Analytics. Aetion offers products and services including Aetion Evidence Platform, Aetion Discover, Aetion Substantiate, Aetion Generate, and Regulatory and Scientific Services. Aetion operates in a competitive market with competitors including Aledade, Lumeris, Arcadia, Evolent and Advantum Health, among others.

  • Headquarter New York, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aetion, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $203.6 M (USD)

    in 5 rounds

  • Latest Funding Round
    $110 M (USD), Series C

    May 11, 2021

  • Investors
    Amgen

    & 17 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Datavant

    (May 15, 2025)

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Products & Services of Aetion

Aetion offers a comprehensive portfolio of products and services, including Aetion Evidence Platform, Aetion Discover, Aetion Substantiate, Aetion Generate, and Regulatory and Scientific Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for managing and analyzing longitudinal health data

App for generating quick insights from real-world data

App for examining data to support critical healthcare decisions

App using AI for synthetic health data generation

Services to accelerate real-world evidence strategies

People of Aetion
Headcount 200-500
Employee Profiles 109
Board Members and Advisors 12
Employee Profiles
People
David Vavrasek
Chief Business Officer
People
Nicolle Gatto
Chief Science Officer
People
Mikayla Robinson
Project Manager
People
Drew Roberts
Senior Director, Science

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Board Members and Advisors
people
Kavita Patel
Advisor
people
Shumeet Banerji
Advisor
people
Adair Newhall
Board Observer
people
Arvind Ayyala
Board Observer

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Funding Insights of Aetion

Aetion has successfully raised a total of $203.6M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $110 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series C — $110.0M
  • First Round

    (20 Mar 2017)

  • Investors Count 17
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2021 Amount Series C - Aetion Valuation Warburg Pincus
Aug, 2020 Amount Series B - Aetion Valuation Johnson & Johnson Innovation – JJDC , EDBI
Feb, 2019 Amount Series B - Aetion Valuation McKesson Ventures , UCB
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aetion

Aetion has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Amgen, UCB and Datavant. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multi-stage private equity investments are pursued across diverse sectors.
Founded Year Domain Location
Multi-stage investment firm invests in healthcare and life sciences companies
Founded Year Domain Location
Venture capital investments are offered to startups by NEA.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aetion

Aetion has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Replica Analytics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Synthetic data is generated from real datasets with privacy assurance.
2019
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Aetion

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aetion Comparisons

Employees
+
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Competitors of Aetion

Aetion operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aledade, Lumeris, Arcadia, Evolent and Advantum Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Primary care physician platform for patient care delivery is provided.
domain founded_year HQ Location
Lumeris offers population management and accountable care solutions
domain founded_year HQ Location
AI-based healthcare data analytics platform is provided for organizations.
domain founded_year HQ Location
Intelligent solutions for complex health conditions are delivered through partnerships.
domain founded_year HQ Location
Healthcare providers are supported in shifting to value-based care models.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aetion

Frequently Asked Questions about Aetion

When was Aetion founded?

Aetion was founded in 2012 and raised its 1st funding round 5 years after it was founded.

Where is Aetion located?

Aetion is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Aetion a funded company?

Aetion is a funded company, having raised a total of $203.6M across 5 funding rounds to date. The company's 1st funding round was a Series B of $27M, raised on Mar 20, 2017.

What does Aetion do?

Aetion provides payerprovider, biopharma and medical device customers with a platform which combines science with computing technology to allow them to gain insights into the clinical and financial status of a population, measure and compare the effectiveness and value of treatments and provider practices and realize value-based contracting. The Aetion Evidence Platform works with all healthcare data including claims, electronic health records, registries, and clinical trials. Aetions Evidence Generation application helps payers rapidly determine what treatments and medical interventions work in the real world. The Aetion Evidence Platform provides analytic methods and real-time evidence that allow payers to generate risk-adjusted insights and to fully quantify and communicate the value in their populations. The platform also enables payers and providers to collaborate in real-time with biopharmaceutical and medical device companies to develop therapeutic insights and make smart choices in patient care.

Who are the top competitors of Aetion?

Aetion's top competitors include Aledade, Arcadia and Lumeris.

What products or services does Aetion offer?

Aetion offers Aetion Evidence Platform, Aetion Discover, Aetion Substantiate, Aetion Generate, and Regulatory and Scientific Services.

How many acquisitions has Aetion made?

Aetion has made 1 acquisition, including Replica Analytics.

Who are Aetion's investors?

Aetion has 18 investors. Key investors include Amgen, UCB, Datavant, Warburg Pincus, and Lakestar.

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