Innovaccer

San Francisco, United States Founded: 2014 • Age: 12 yrs
Provider of an AI-powered cloud platform for healthcare performance improvement
Annual revenue - Latest available
Total funding $378.6M 9 rounds
Employees - Tracked headcount
Investors 28 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Innovaccer

Innovaccer is a company based in San Francisco (United States) founded in 2014 by Abhinav Shashank, Sandeep Gupta, and Kanav Hasija. Innovaccer has raised $378.6 million across 9 funding rounds from investors including Kaiser Permanente, Banner MD Anderson Cancer Center and Danaher. Innovaccer has completed 3 acquisitions, including Cured, Humbi and PQS. Innovaccer offers products and services including Healthcare Intelligence Cloud, Data Activation Platform, and Sara AI. Innovaccer operates in a competitive market with competitors including Change Healthcare, Health Catalyst, CitiusTech, CompuGroup Medical and Azalea Health, among others.

  • Headquarter San Francisco, United States
  • Founders Abhinav Shashank, Sandeep Gupta, Kanav Hasija
  • Stage Unicorn
  • Sectors
    Healthcare
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Innovaccer, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $378.6 M (USD)

    in 9 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Cured

    & 2 more

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Products & Services of Innovaccer

Innovaccer offers a comprehensive portfolio of products and services, including Healthcare Intelligence Cloud, Data Activation Platform, and Sara AI.

Product name locked
Category locked
Primary

AI platform for healthcare data integration and analytics.

Product name locked
Category locked
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System for unifying and processing healthcare data streams.

Product name locked
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AI agents that automate tasks in healthcare workflows.

People of Innovaccer

Headcount 1000-5000
Employee Profiles 392
Board Members and Advisors 10
Employee Profiles
People
Ajit Rathore
Software Development Engineer I
People
Akash Kumar Gaur
Software Development Engineer III
People
Ashok Devulapalli
Head - Payer Customer Success And Innovation
People
Maddie Schults
Senior Director, Product Management

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Board Members and Advisors
people
Elizabeth D. Bierbower
Strategic Advisor
people
Phil Fasano
Strategic Advisor
people
Jonathan J. Bush
Director & Strategic Advisor
people
Kevin F. Brennan
Strategic Advisor

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Funding Insights of Innovaccer

Innovaccer has successfully raised a total of $378.6M across 9 strategic funding rounds. 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 Innovaccer

Innovaccer has secured backing from 28 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Kaiser Permanente, Banner MD Anderson Cancer Center and Danaher.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Multistage investments are directed toward technology, healthcare, and climate sectors.
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Private equity firm focused on sustainable investments
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Venture capital investments in technology startups are facilitated by M12.
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Investor details for Innovaccer

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Innovaccer

Innovaccer has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Cured, Humbi and PQS.

Investments
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Investment portfolio details for Innovaccer

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital marketing tools are offered to healthcare professionals.
Locked Locked 2018 Locked
Medical equipment management services are provided to healthcare organizations.
Locked Locked 2013 Locked
Healthcare outcomes are enhanced via data-driven insights for organizations.
Locked Locked 0 Locked
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Complete acquisition details for Innovaccer

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Financial Statements - Innovaccer

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Detailed financials for Innovaccer

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Innovaccer Comparisons

Innovaccer Primary company
Description
Provider of an AI-powered cloud platform for healthcare perf...
Location
San Francisco, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Innovaccer

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Competitors of Innovaccer

Innovaccer 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 Change Healthcare, Health Catalyst, CitiusTech, CompuGroup Medical and Azalea Health, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based solutions are delivered for healthcare payers, providers, and patients.
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Cloud-based data analytics are provided for healthcare organizations.
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Provider of AI solutions for clinical, operational, and business outcomes
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Suite of practice management, reimbursement, laboratory and analytics solutions to healthcare providers
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EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
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Detailed competitors of Innovaccer

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Latest news on Innovaccer

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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 current CEO of Innovaccer. They have also founded this company.

Innovaccer is a funded company, having raised a total of $378.6M across 9 funding rounds to date.

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, IKS Health and HealthEdge.

Innovaccer offers Healthcare Intelligence Cloud, Data Activation Platform, and Sara AI.

Innovaccer has made 3 acquisitions, including Cured, Humbi, and PQS.

Innovaccer has 28 investors. Key investors include Kaiser Permanente, Banner MD Anderson Cancer Center, Danaher, WestBridge Capital, and Mubadala.

The valuation of Innovaccer is $3.2B as of Dec 2021.

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