# BaseHealth

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/basehealth

- Industry: Software
- Headquarters: Sunnyvale, US
- Website: www.basehealth.com
- Total disclosed funding: $17M
- Latest round: Series C (Oct 18, 2017)
- Investors on record: 5

## About

BaseHealth, Inc. specializes in advanced health analytics solutions that empower healthcare providers with actionable insights to enhance patient care and outcomes through predictive analytics and personalized health assessments.Founded in 2011, BaseHealth, Inc. operates as a health analytics firm based in Sunnyvale, US. The company has made strategic pivots in its operations and focuses on integrating diverse health data to provide healthcare organizations with comprehensive insights. The company is led by its CEO and co-founder, Hossein Fakhrai-Rad, who has a history of entrepreneurship in the tech sector. Most recently, BaseHealth raised USD 8.50 mn in a Series C funding round led by HBM Partners on April 25, 2020, bringing the total amount raised to USD 8.50 mn. The firm has completed 7 deals to date.BaseHealth.com provides advanced health analytics solutions designed to empower healthcare providers and organizations with actionable insights. Their core offerings include a comprehensive platform that integrates data from various sources, including electronic health records, laboratory results, and patient-reported information, to deliver personalized health assessments and predictive analytics. These solutions aim to enhance patient care by identifying at-risk populations, enabling preventive care measures, and improving overall healthcare outcomes. Targeted primarily at healthcare providers, insurers, and wellness organizations, BaseHealth's services have been adopted in multiple markets, including the United States, Europe, and select regions in Asia, facilitating improved decision-making and resource allocation in the healthcare sector.BaseHealth generates revenue through a combination of subscription-based models and strategic partnerships with healthcare organizations. Clients typically enter into agreements that provide tiered access to the platform's features, catering to varying needs and scales of operation. This transactional structure often involves annual or multi-year contracts, ensuring consistent revenue flow while offering clients ongoing access to updated analytics and insights. Pricing plans are structured to align with the specific services utilized, with potential variations based on the scope of implementation and the size of the client organization. As a result, BaseHealth effectively supports its clientele by continually delivering value through its flagship health analytics solutions, fostering long-term relationships within the healthcare ecosystem.Looking ahead, BaseHealth plans to leverage its recent funding to enhance its platform's capabilities and expand its offerings. Specifically, the company aims to develop new products that enhance predictive analytics features, with anticipated releases set for late 2021. Furthermore, BaseHealth is targeting expansion into additional markets in Asia and Europe by mid-2022 to capitalize on the growing demand for health analytics solutions. Recent funding will be utilized to support these product developments and market expansion efforts, ensuring that BaseHealth continues to meet the evolving needs of healthcare providers.

## Funding rounds

- Series C, Oct 18, 2017, $8.5M — HBM Partners
- Series B, May 18, 2015, $3.6M — Plug and Play
- Series A, May 8, 2014, $3M — RONA Holdings
- Series A, Apr 19, 2011, $1.4M — Plug and Play, Signatures Capital Partners, SGH Capital

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Series A, Series B
- Signatures Capital Partners — Series A
- SGH Capital (https://capitalatlas.ai/funds/sgh-capital) — Series A
- RONA Holdings (https://capitalatlas.ai/funds/rona-holdings) — Series A
- HBM Partners (https://capitalatlas.ai/funds/hbm-partners) — Series C