Mercom Capital Group May 4, 2021
Data Analytics companies raised over $906 million in Q1 2021
Healthcare Data Analytics companies secured $906 million in venture capital funding from 22 funding rounds in Q1 2021, a 54% increase quarter-over-quarter, compared to $587 million raised in 17 funding rounds in Q4 2020, according to the recently released Mercom Digital Health Funding and M&A Report.
The top five healthcare data analytics companies secured 78% ($696 million) of the total $906 million funding during Q1 2021.
Top funded analytics companies in Q1 2021:
Komodo Health, an AI-enabled data analytics software platform for healthcare providers, announced a $220 million Series E funding round led by Tiger Global Management and joined by Casdin Capital. Existing investors ICONIQ Growth, Andreessen Horowitz, and...