About Innovaccer
Innovaccer is a Healthcare company based in San Francisco (United States) founded in 2014 by Abhinav Shashank, Sandeep Gupta, Kanav Hasija, and Sachin Jaiswal. It operates in the Healthcare and Technology sectors. Innovaccer has raised $675 million across 9 funding rounds from investors including Kaiser Permanente, Banner MD Anderson Cancer Center and Danaher. The company has 1,167 employees. Innovaccer has completed 4 acquisitions, including Cured, PQS and Humbi. Innovaccer was last valued at $3.45 billion in May 2026. Its chief executive, as recorded, is Abhinav Shashank. Its website innovaccer.com draws about 77 thousand monthly visits. Its Indian entity Innovaccer Analytics Private Limited reported revenue of ₹388 Cr. Innovaccer offers products and services including Healthcare Intelligence Cloud, Data Activation Platform, and Sara AI. Its focus areas include HealthTech, Healthcare Payer Tech, Diversified and Healthcare IT. Its competitors include Change Healthcare, Health Catalyst and CitiusTech; 3 of its 3 listed competitors have raised funding.
Company details
Provider of an AI-powered cloud platform for healthcare performance improvement. The platform offers data activation, AI engine, and applications for value-based care, population health, and provider engagement. It integrates with existing EHR systems to unify patient and provider data. The platform aims to improve patient outcomes and reduce administrative burdens.
- Headquarters San Francisco, United States
- Employees 1,167
- Founders Abhinav Shashank, Sandeep Gupta, Kanav Hasija, Sachin Jaiswal
- Stage Unicorn
- SectorsHealthcareTechnology
- Email••••••••
- Phone•••• ••••
- Website innovaccer.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Innovaccer, Inc.
- Date of Incorporation 19 Nov, 2013
- Indian entity revenue₹388 Cr
FY 2025 · +9% YoY
- Indian entity net profit₹36.10 Cr
FY 2025 · 9% margin
- Indian entity EBITDA₹52.16 Cr
FY 2025 · 13% margin
- Total Equity Funding$675M (USD)
in 9 rounds
- Latest Funding Round$178.75M (USD), Series F
Jan 2025
- InvestorsKaiser Permanente
& 35 more
- Employee Count1,167
- Investments & AcquisitionsCured
& 3 more
Associated legal entities of Innovaccer
Innovaccer operates through Innovaccer Analytics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innovaccer Analytics Private Limited CIN U74140UP2013PTC202874 | Active | 19 Nov 2013 | Dadri, Uttar Pradesh | ₹388 Cr | 998 | 3 | View details |
Products & Services of Innovaccer
Innovaccer offers a comprehensive portfolio of products and services, including Healthcare Intelligence Cloud, Data Activation Platform, and Sara AI.
AI platform for healthcare data integration and analytics.
System for unifying and processing healthcare data streams.
AI agents that automate tasks in healthcare workflows.
Apps and channels of Innovaccer
its YouTube channel Innovaccer Inc. has 1.82K subscribers and 30 videos.
Videos from Innovaccer
The most watched videos on Innovaccer's YouTube channel, Innovaccer Inc. (1.82K subscribers). Click a video to play it here.
More on Innovaccer Inc..
Funding Insights of Innovaccer
Innovaccer has successfully raised a total of $675M across 9 strategic funding rounds. The most recent funding activity was a Series F round of $178.75 million completed in January 2025. 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 $675M
- Total Rounds 9
- Last Round Series F — $178.75M
- Investors Count 36
All 9 funding rounds of Innovaccer with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | Series F | – | – | ||
| Dec 2021 | $150M | Series E | $3.2B | Schonfeld, Whale Rock Capital Management | |
| Feb 2021 | $105M | Series D | $1.3B | Tiger Global Management | |
| Oct 2019 | $70M | Series C | – | Steadview, Tiger Global Management | – |
| Jan 2019 | $10M | Series B | – | M12 | |
| May 2018 | $25M | Series B | – | WestBridge Capital | |
| Jul 2016 | $15.6M | Series A | – | WestBridge Capital | |
| May 2015 | $3M | Seed | – | 500 Global, Start Smart Labs | |
| Jan 2015 | Seed | – | 500 Global | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $3.2B | •••••••• |
| Feb 2021 | $1.3B | •••••••• |
Full valuation and stage history of Innovaccer
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $3.45B (May 2026). 36 investors in total: 29 institutional and 7 angel.
Investors in Innovaccer
Innovaccer has secured backing from 36 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Kaiser Permanente, Banner MD Anderson Cancer Center and Danaher.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multistage investments are directed toward technology, healthcare, and climate sectors. | b.capital | Manhattan Beach, United States | ||
Private equity firm focused on sustainable investments | generationim.com | London, United Kingdom | ||
Venture capital investments in technology startups are facilitated by M12. | m12.vc | San Francisco, United States | ||
Private equity investments are made in technology-enabled growth companies. | dragoneer.com | San Francisco, United States | ||
Web application services requiring JavaScript, along with potential agricultural-related offerings. | schonfeld.com | |||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Venture capital firm focused on multiple sectors | Dallas, United States | |||
Private equity investments are managed for municipal pension plans. | omersprivateequity.com | London, United Kingdom | ||
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology. | 2000 | westbridgecap.com | Quatre Bornes, Mauritius | |
Venture capital investing in innovative startups across technology sectors. | 2008 | lsip.com | Bengaluru, India |
Investor details for Innovaccer
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Board of directors of Innovaccer Analytics Private Limited (Innovaccer)
Innovaccer Analytics Private Limited is the primary company behind Innovaccer. The board of Innovaccer Analytics Private Limited currently have 3 directors; the longest-serving is Ankit Maheshwari, appointed in 2019. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankit Maheshwari DIN 08511395 | Director | 02 Sep 2019 | 7 yrs 2 mo | Innovaccer Analytics Private Limited |
| Mahesh Dutt DIN 09565560 | Director | 21 Apr 2022 | 4 yrs 6 mo | Innovaccer Analytics Private Limited |
| Muraleedharan Satyajit DIN 08845011 | Director | 24 Mar 2023 | 3 yrs 7 mo | Innovaccer Analytics Private Limited |
People of Innovaccer
383 people are tracked at Innovaccer (116 in leadership, 9 in board & advisors, 258 in team); the tracked headcount is 1,167.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & COO | Leadership | |
| Co-Founder | Leadership | |
Sachin Jaiswal | Founder | Leadership |
Ashok Devulapalli | Head - Payer Customer Success And Innovation | Leadership |
Maddie Schults | Senior Director, Product Management | Leadership |
Priyank | Regional Vice President - Customer Engineering | Leadership |
Ashish Mishra | Associate Director | Leadership |
Krishna Kumar | Director - Engineering | Leadership |
Shubham Mishra | Director - Marketing | Leadership |
Anant Saksena | Senior Director - GTM Operations | Leadership |
Neha Shankar | Associate Director-legal (deputy General Counsel) | Leadership |
Atma Vidhani | Associate Director - Growth Strategy | Leadership |
John Hickey | Area Vice President - Enterprise | Leadership |
Kim Saied | Director - People eXperience | Leadership |
Varun Sirohi | Senior Director | Leadership |
Arun K. Buduri | Vice President - Engineering and IT | Leadership |
| Chief Technology Officer and President - India Operations | Leadership | |
Neil Vibhakar | Chief Strategic and Growth Officer | Leadership |
Amy Stevens | General Manager - Provider Performance & Value Driven Transformation | Leadership |
363 more people are available in the full profile.
Complete people profiles for Innovaccer
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Financials of Innovaccer
Figures of Innovaccer Analytics Private Limited, the primary company behind Innovaccer, for FY 2025. Revenue was ₹388 Cr (+9% year on year). Net profit was ₹36.10 Cr (9% margin). EBITDA was ₹52.16 Cr (13% margin). Revenue has grown at a compounded annual rate of +12% over three years and +28% over five years.
- ₹388 CrRevenue · FY 2025 · +9% YoY
- ₹36.10 CrNet profit · 9% margin
- ₹52.16 CrEBITDA · 13% margin
- ₹1 LakhPaid-up capital
- 998Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innovaccer Analytics Private Limited are on its company page.
Detailed financial statements for Innovaccer
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Investments & Acquisitions by Innovaccer
Innovaccer has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cured, PQS and Humbi.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Offers revenue cycle management and analytics services to healthcare providers. | caduceushealth.com | Jersey, United States | 1997 | May 2026 | •••• | |
Healthcare outcomes are enhanced via data-driven insights for organizations. | humbi.ai | 0 | Jan 2025 | •••• | ||
Medical equipment management services are provided to healthcare organizations. | pharmacyquality.com | Durham, United States | 2013 | Mar 2024 | •••• | |
Digital marketing tools are offered to healthcare professionals. | cured.health | Chicago, United States | 2018 | Jan 2024 | •••• |
Complete acquisition details for Innovaccer
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Timeline of Innovaccer
8 dated milestones of Innovaccer across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Innovaccer is founded.
- Funding First funding round.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Cured.
- Acquisition Acquires PQS.
- Funding Latest funding round, Series F, of $178.8M.
- Acquisition Acquires Humbi.
- Acquisition Acquires CaduceusHealth.
Competitors of Innovaccer
Innovaccer has 3 listed competitors in our database, 3 of them funded. They include Change Healthcare, Health Catalyst and CitiusTech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| changehealthcare.com | 2007 | Nashville, United States | $35.99M | 11,310 | Cloud-based solutions are delivered for healthcare payers, providers, and patients. | |
| healthcatalyst.com | 2008 | Salt Lake, United States | $392M | 1,183 | Cloud-based data analytics are provided for healthcare organizations. | |
| citiustech.com | 2005 | Princeton, United States | $1.13B | 5,442 | Provider of AI solutions for clinical, operational, and business outcomes |
Detailed competitors of Innovaccer
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Web traffic of Innovaccer
The website of Innovaccer (innovaccer.com) receives about 77.2K visits a month.
- Monthly visits77.2K
▲ 6% vs previous month
Websites whose visitors overlap most with Innovaccer. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View details | |
| github.com | 94% | 542.6M | #65 | View details | |
| redactable.com | 85% | 118.6K | #459,954 | View details | |
docs.google.com | docs.google.com | 85% | – | ||
| stackoverflow.com | 85% | 45.7M | #1,565 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Innovaccer
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Innovaccer (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Innovaccer
Complete news archive for Innovaccer
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Frequently Asked Questions about Innovaccer
Innovaccer was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Innovaccer is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Abhinav Shashank is the CEO of Innovaccer, as recorded in our data. They have also founded this company.
Innovaccer is a funded company, having raised a total of $675M across 9 funding rounds to date.
Innovaccer has 1,167 employees.
The primary company behind Innovaccer, Innovaccer Analytics Private Limited, reported revenue of ₹388 Cr for FY 2025, up 9% year on year.
Provider of an AI-powered cloud platform for healthcare performance improvement. The platform offers data activation, AI engine, and applications for value-based care, population health, and provider engagement. It integrates with existing EHR systems to unify patient and provider data. The platform aims to improve patient outcomes and reduce administrative burdens.
Innovaccer's top competitors include Change Healthcare, CitiusTech and Health Catalyst.
Innovaccer offers Healthcare Intelligence Cloud, Data Activation Platform, and Sara AI.
Innovaccer has 36 investors. Key investors include Kaiser Permanente, Banner MD Anderson Cancer Center, Danaher, WestBridge Capital, and Mubadala.
The valuation of Innovaccer is $3.45B as of May 2026.