Innovaccer
Category: AI in Healthcare
Innovaccer provides a healthcare data activation platform that aggregates, analyzes, and leverages healthcare data to deliver actionable insights. Innovaccer was founded in 2012. The company is led by Abhinav Shashank. Based in San Francisco, CA, USA. Team size: 1,000. Total funding raised: $675 million. Latest round: Series F. Key investors include Tiger Global Management, Steadview Capital, Dragoneer Investment Group, B Capital Group.
- Founded
- 2012
- Headquarters
- San Francisco, CA, USA
- Team size
- 1,000
- Total funding
- $675 million
Value proposition
Innovaccer's platform unifies patient data across systems and care settings, empowering healthcare organizations with scalable, modern applications that improve clinical, financial, operational, and experiential outcomes.
Products and solutions
Data Activation Platform, Population Health Management, CRM Solutions
Unique value
Innovaccer's platform is EHR-agnostic and integrates data from multiple sources to provide comprehensive insights.
Target customer
Healthcare providers, payers, and government organizations.
Industries served
Healthcare
Technology advantage
The platform is recognized as the #1 Best-in-KLAS data and analytics platform, providing a competitive edge in healthcare data management.
How they differentiate
Innovaccer differentiates itself with its focus on value-based care and its highly rated data activation platform.
Main competitors
Health Catalyst, Arcadia, PatientIQ
Key partnerships
CommonSpirit Health, Kaiser Permanente, Banner Health, Amazon Web Services, P3 Health Partners
Notable customers
Mercy ACO, Orlando Health, Catholic Health Initiatives, Curana Health, UpStream Care, John Hopkins Aramco Healthcare
Major milestones
Founded in 2012 Recognized as the #1 Best-in-KLAS data and analytics platform Raised $675 million in funding Unified health records for over 54 million people Generated over $1.5 billion in cost savings for customers
Growth metrics
Innovaccer has sustained over 100% year-over-year growth and is a top choice for over 60% of healthcare organizations. It has unified health records for more than 54 million people and generated over $1.5 billion in cumulative cost savings.
Market positioning
Innovaccer is positioned as a leader in healthcare data activation and analytics.
Geographic focus
Primarily focused on the United States market.
Patents and IP
Innovaccer has filed 11 patents globally, with 5 granted, focusing on data management, electronic health records, and health informatics.
About Abhinav Shashank
Abhinav Shashank is the CEO and co-founder of Innovaccer, a healthcare technology company. He co-founded the company in 2014 with the mission to revolutionize healthcare through data and technology. Under his leadership, Innovaccer has grown to become a key player in the healthcare data analytics space, achieving a valuation of over $3 billion. He is a recognized entrepreneur and has been featured in several prestigious lists, including Forbes' 30 Under 30.
Official website: https://innovaccer.com/