Datavant
Latest round
- Series B
Last raised
- Oct 2020
Total raised
- $40M
Investors
- 5
About Datavant
Datavant specializes in health data management, offering innovative solutions for secure data exchange and interoperability across healthcare systems. The company emphasizes actionable insights through its comprehensive data platform. Founded in 2017 in San Francisco, US, Datavant provides a health data platform enabling secure data connections for healthcare organizations. In September 2026, Neuberger Berman, along with KKR and New Mountain Capital agreed to acquire a minority stake in Datavant, Inc. The deal subject to customary closing conditions and is expected to be completed in the fourth quarter of 2026. The firm was founded by Travis May, Datavant has experienced growth from its inception, focusing on expanding its data services in the healthcare sector.Datavant offers a robust health data platform that emphasizes secure, accessible, and actionable health data management. Its core product suite, Datavant Connect, provides tokenization and data linkage solutions that allow healthcare organizations to connect and enrich patient data while ensuring compliance with privacy regulations. The platform facilitates the exchange of over 60 million healthcare records across a network of more than 70,000 hospitals and clinics, including 75% of the largest health systems, and connects with over 300 real-world data partners.Datavant generates revenue primarily through partnerships and subscription models tailored to various customer segments within the healthcare ecosystem. Transactions typically involve health plans and providers accessing Datavant’s platform for data connectivity and analytics services. These arrangements include service agreements that facilitate the use of Datavant's data retrieval and linkage capabilities on a subscription basis, allowing clients to pay for access to specific features and functionalities that meet their operational needs, thus ensuring a continuous flow of revenue as organizations engage with Datavant's solutions. The company is focusing on expanding its product offerings, specifically enhancing its data integration capabilities and launching new tools designed for improved health data analytics.
Who invested in Datavant
5 investors across 1 round
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Funding rounds
Series B
Oct 8, 2020
Amount
$40M
Investors
Questions about Datavant
Who invested in Datavant?
Datavant has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Datavant raised?
Datavant has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Datavant last raise money?
Datavant's most recent round on record is a Series B, in Oct 2020.
What does Datavant do?
Datavant specializes in health data management, offering innovative solutions for secure data exchange and interoperability across healthcare systems.
Where is Datavant headquartered?
Datavant is headquartered in Phoenix, US.
Which VCs invest in companies like Datavant?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Datavant's stage. Their profiles are linked below.
VCs backing software startups at Series B
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