Loading organizations...
§ Private Profile · Phoenix, AZ, USA
A health data logistics company providing a secure platform for healthcare data exchange and interoperability for the healthcare ecosystem.
Datavant has raised $81.4M across 3 funding rounds.
Key people at Datavant.
Datavant has raised $81.4M in total across 3 funding rounds.
Datavant is a Phoenix, Arizona-based health data logistics company that develops a secure platform and digital network for connecting, exchanging, and delivering healthcare data across various medical organizations. The company operates an extensive interoperability network that currently covers more than 80,000 hospitals and clinics, 100 percent of United States health payers, and facilitates the secure movement of over 60 million patient records. Formed through a major 2021 merger with Ciox Health, the enterprise provides proprietary technology and value-added services to life sciences firms, clinical research organizations, healthcare analytics providers, and federal government agencies. Backed by private equity firm New Mountain Capital, the organization employs 6,842 people and maintains strategic real-world data collaborations with prominent industry partners including Thermo Fisher Scientific, Snowflake, and Elsevier. Datavant was originally founded in 2017 by technology entrepreneur Travis May.
Datavant has raised $81.4M across 3 funding rounds. Most recently, it raised $40.0M Series B in October 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2020 | $40M Series B | Transformation Capital | Bennu, Capital Factory, Jenny Fielding, Scott Hartley, Great North Ventures, Newfund, Shasta Ventures, Daniel Rosensweig, Mark Cuban, Cigna Ventures, Flex Capital, Johnson & Johnson Innovation, Roivant Sciences | Announced |
| Apr 30, 2018 | $40.5M Venture Round | Travis MAY, Roivant Sciences | — | Announced |
| Nov 12, 2014 | $860K Venture Round | — | — | Announced |
Datavant has raised $81.4M in total across 3 funding rounds.
Datavant's investors include Transformation Capital, Bennu, Capital Factory, Jenny Fielding, Scott Hartley, Great North Ventures, NewFund, Shasta Ventures, Daniel Rosensweig, Mark Cuban, Cigna Ventures, Flex Capital.
Key people at Datavant.
Datavant is a health data platform company that builds a proprietary data collaboration platform and the largest U.S. health data network to make the world's health data secure, accessible, and actionable.[1][2][4] It serves payers, providers, life sciences, government, legal, and insurance organizations by solving the problem of data silos through privacy-preserving connectivity, enabling compliant linkage of de-identified patient records across datasets for insights that improve patient outcomes, accelerate research, and reduce costs.[1][3][4][7] Key products include Datavant Connect for record matching and linkage, Health Data Retrieval for accessing EHRs, Release of Information services, and Privacy Solutions, powering over 60 million healthcare records across 80,000+ hospitals/clinics, 75% of top 100 health systems, 100% of U.S. payers, and 350+ real-world data partners.[4][5][7]
The platform emphasizes frictionless data sharing with advanced security, tokenization, and compliance, fostering an ecosystem where customers maintain control over their data while gaining broad access.[1][4][7] This drives growth momentum through network expansion and partnerships, positioning Datavant as a neutral logistics partner in healthcare data without owning or selling data itself.[2][7]
Datavant emerged to address healthcare's fragmented data landscape, with a vision to organize the world's health data by breaking down silos that hindered analytical research and innovation.[2] Headquartered in San Francisco, with offices in Boston, New York, San Diego, Barcelona, and Galway, the company was founded amid rising demand for real-world data (RWD) connectivity, evolving from early efforts in privacy-preserving record linkage to building the nation's largest health data exchange.[3][5][7]
Pivotal moments include scaling to thousands of organizations, enabling 60 million+ record movements, and launching products like Datavant Connect, which powers compliant patient matching across ecosystems.[4][5] Its backstory humanizes a mission-driven push: founders and teams obsessed over data privacy from day one, prioritizing trust and growth to support payers, providers, and life sciences in advancing human health.[1][2]
Datavant rides the real-world data (RWD) and AI-driven healthcare transformation trend, where connected datasets fuel precision medicine, faster drug development, cost reduction, and learning health systems.[2][4][9] Timing is ideal amid post-pandemic data demands, evolving privacy regs (e.g., HIPAA expansions), and AI's need for longitudinal patient views, which siloed data previously blocked.[2][6][8]
Market forces like payer-provider consolidation and life sciences' RWD hunger favor its neutral network, influencing the ecosystem by powering entrepreneurship—aspiring to enable thousands of analytics firms and open-tent innovation beyond linear tools.[2][7] It democratizes data logistics, accelerating insights for government policy, trial enrichment, and population health while mitigating risks in a privacy-first era.[8]
Datavant is poised to dominate health data infrastructure as RWD volumes explode with AI and personalized medicine, expanding its network globally and deepening integrations for real-time "learning healthcare" systems.[2][9] Trends like federated learning, stricter global privacy (e.g., EU expansions), and multi-omics data will shape its path, potentially evolving from connector to orchestrator of AI-powered ecosystems.[6][7]
Its influence could grow by fueling startup innovation and policy-grade insights, but success hinges on navigating regs and competition—ultimately making siloed health data as actionable as consumer tech, tying back to its core mission of secure, accessible data for human health advances.[1][2]
