About Truveta
Truveta is a company based in Seattle (United States) founded in 2020.. Truveta has raised $515 million across 4 funding rounds from investors including Microsoft, Illumina and Regeneron Pharmaceuticals. Truveta offers products and services including Truveta Data, Truveta Language Model, Truveta Studio, and Genomics Solutions. Truveta operates in a competitive market with competitors including Carta Healthcare, Flywheel, Verana Health, Clearsense and nference, among others.
- Headquarter Seattle, United States
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$515 M (USD)
in 4 rounds
-
Latest Funding Round
$320 M (USD), Series C
Jan 13, 2025
-
Investors
Microsoft
& 8 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Truveta
Truveta offers a comprehensive portfolio of products and services, including Truveta Data, Truveta Language Model, Truveta Studio, and Genomics Solutions. 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.
Provides EHR data for research and analytics purposes.
Analyzes clinical notes and images for health insights.
Facilitates collaboration on health data studies and trials.
Supports drug discovery through genotypic and phenotypic data.
Unlock access to complete
Unlock access to complete
Software Development Team
52 people
Leadership Team
26 people
Sales and Marketing
10 people
Data Analysis and Operations Team
10 people
Product Management Team
9 people
Senior Team
4 people
Finance and Accounting
3 people
Legal and Compliance
2 people
Unlock access to complete
Funding Insights of Truveta
Truveta has successfully raised a total of $515M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $320 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 Total Funding
- Total Rounds 4
- Last Round Series C — $320.0M
-
First Round
First Round
(13 Jul 2021)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series C - Truveta | Valuation |
investors |
|
| Nov, 2021 | Amount | Series B - Truveta | Valuation |
investors |
|
| Sep, 2021 | Amount | Series A - Truveta | Valuation |
investors |
| 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 Truveta
Truveta has secured backing from 9 investors, including institutional investors. Prominent investors backing the company include Microsoft, Illumina and Regeneron Pharmaceuticals. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Antibodies are developed for treating cancer, eye, and inflammatory diseases.
|
Founded Year | Domain | Location | |
|
Trinity Health is recognized for providing healthcare and community services.
|
Founded Year | Domain | Location | |
|
A chain of multispecialty hospitals is operated in New York.
|
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 Truveta
| 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 |
Financial Statements - Truveta
| 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 |
Truveta Comparisons
Competitors of Truveta
Truveta 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 Carta Healthcare, Flywheel, Verana Health, Clearsense and nference, 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 |
AI-driven clinical data management tools are offered to healthcare providers.
|
|
| domain | founded_year | HQ Location |
Cloud-based platform for healthcare data capture and analysis is offered.
|
|
| domain | founded_year | HQ Location |
Verana Health is focused on real-world data analytics in healthcare.
|
|
| domain | founded_year | HQ Location |
Healthcare analytics platforms and applications are developed for clinicians.
|
|
| domain | founded_year | HQ Location |
AI platform provided for clinical data analysis and insights.
|
|
| domain | founded_year | HQ Location |
Cloud-based clinical data management platform for healthcare providers
|
| 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 Truveta
Frequently Asked Questions about Truveta
When was Truveta founded?
Truveta was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Truveta located?
Truveta is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Truveta?
Terry Myerson is the current CEO of Truveta.
Is Truveta a funded company?
Truveta is a funded company, having raised a total of $515M across 4 funding rounds to date.
What does Truveta do?
Truveta was founded in 2020 and is headquartered in Seattle, United States. Operations are focused on the healthcare sector, where a data platform is utilized for learning services. Real-world data from various health systems is aggregated and analyzed to support research and insights. The platform enables secure access to de-identified patient information for collaborative studies. Leadership is provided by CEO Terry Myerson, with emphasis placed on advancing evidence-based healthcare decisions.
Who are the top competitors of Truveta?
Truveta's top competitors include Carta Healthcare, ClearDATA and Verana Health.
What products or services does Truveta offer?
Truveta offers Truveta Data, Truveta Language Model, Truveta Studio, and Genomics Solutions.
Who are Truveta's investors?
Truveta has 9 investors. Key investors include Microsoft, Illumina, Regeneron Pharmaceuticals, Providence Health & Services, and Northwell.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.