Blockchain startup Avaneer Health raises $50M in seed funding
MobiHealth News January 14, 2022
The startup leverages blockchain and FHIR technologies to allow for secure data exchange between healthcare organizations.
Blockchain startup Avaneer Health scored $50 million in seed funding from large healthcare industry players.
Its first network participants include insurers Aetna, Anthem and Health Care Service Corporation, providers Cleveland Clinic and Sentara Healthcare, and the PNC Financial Services Group.
WHAT IT DOES
Founded in 2020, Avaneer offers a network using blockchain and FHIR technologies to allow for secure data exchange between healthcare organizations.
That includes tools that help payers exchange information with one another, determine eligibility and conduct prior authorization.
WHAT IT’S FOR
The company will use the capital to invest in its workforce and technology and technology for the launch of its...