Using population health analysis to improve patient care brings Sema4 a $1.1 billion valuation
TechCrunch July 29, 2020
Sema4, the Stamford, Connecticut-based digital healthcare company now worth just over $1 billion, takes its name from the system of sending messages via code.
And like its namesake, Sema4 is trying to send messages of its own to the broader healthcare system based on the signals it uncovers in massive data sets of population health that can reveal insights and best practices, according to the company’s founding chief executive, Eric Schadt.
Spun out from the Mt. Sinai Health System in June 2017, Sema4 is the second digital healthcare company in a week to reach a billion-dollar valuation from investors (Ro, too, is now worth over $1 billion). In this case, Sema4’s $121 million financing came from BlackRock, Deerfield and...