Crunchbase June 22, 2020
By Vignesh Ravikumar, a principal at Sierra Ventures. Sierra is a Bay Area-based early-stage venture capital firm investing globally with a focus on next-generation enterprise and emerging technologies. Ravikumar is focused on investments in digital health/health care IT, enterprise SaaS and vertical SaaS.
Health care as an industry is undergoing a massive shift driven by high costs, shrinking margins and competitive pressure from the tech giants. As a result, entrepreneurs have raced to solve urgent problems across the health care ecosystem all with the same goal: Improved costs and better health outcomes—industry markers of success.
A growing class of health tech companies are building software with big payoffs for patients, providers and, in some cases, payers. They include the...