About Avaneer
Avaneer is a company based in Chicago (United States) founded in 2019. Avaneer has raised $50 million across 1 funding round from investors including PNC, Anthem Blue Cross Blue Shield and Health Care Service Corporation. The company has 16 employees as of December 31, 2021. Avaneer offers products and services including Avaneer Coverage Direct. Avaneer operates in a competitive market with competitors including Covera Health, CorEvitas, Socially Determined, Kythera Labs and Third Wave Recovery Systems, among others.
- Headquarter Chicago, United States
- Employees 16 as on 31 Dec, 2021
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Sectors
Healthcare
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Health Utility Network, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Seed
Jan 13, 2022
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Investors
PNC
& 5 more
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Employee Count
16
as on Dec 31, 2021
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Products & Services of Avaneer
Avaneer offers a comprehensive portfolio of products and services, including Avaneer Coverage Direct.
Provides real-time insurance coverage verification for healthcare providers.
People of Avaneer
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Funding Insights of Avaneer
Avaneer has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Seed round of $50 million completed in January 2022. 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.
Investors in Avaneer
Avaneer has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include PNC, Anthem Blue Cross Blue Shield and Health Care Service Corporation.
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Health insurance plans are provided by Aetna for diverse needs.
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Health insurance and related coverage are provided by Anthem.
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Healthcare services are provided by a leading academic medical center.
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Investor details for Avaneer
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Investments & Acquisitions by Avaneer
Investment portfolio details for Avaneer
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Financial Statements - Avaneer
Detailed financials for Avaneer
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Avaneer Comparisons
Peer comparison for Avaneer
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Competitors of Avaneer
Avaneer 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 Covera Health, CorEvitas, Socially Determined, Kythera Labs and Third Wave Recovery Systems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Data analytics services for healthcare are provided by Covera Health.
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Market strategy, medical affairs, and data analytics services are provided.
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Provider of consulting services for healthcare companies.
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Data management and analytics platforms are supplied for healthcare sectors.
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Pharmaceutical rebate analysis and data management services are provided.
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Healthcare data analytics services are provided to clients.
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Detailed competitors of Avaneer
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Latest news on Avaneer
Complete news archive for Avaneer
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Frequently Asked Questions about Avaneer
Avaneer was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Avaneer is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Stuart Hanson is the current CEO of Avaneer.
Avaneer is a funded company, having raised a total of $50M across 1 funding round to date.
As of Dec 31, 2021, the latest employee count at Avaneer is 16.
Avaneer was founded in 2019 and is based in Chicago, United States. Database solutions for the healthcare sector are developed and offered by the company, with operations centered on data management and integration. Services address secure handling of health-related information across providers. The role of CEO is filled by Stuart Hanson, overseeing strategic direction.
Avaneer's top competitors include Covera Health, Socially Determined and Kythera Labs.
Avaneer offers Avaneer Coverage Direct.
Avaneer has 6 investors. Key investors include PNC, Anthem Blue Cross Blue Shield, Health Care Service Corporation, Sentara, and Aetna.