# HumanAPI

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

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.humanapi.co
- Total disclosed funding: $37M
- Latest round: Series C (Sep 4, 2020)
- Investors on record: 13

## About

HumanAPI, Inc. is a US-based company specializing in health data solutions, providing innovative Electronic Health Record (EHR) integration for the life insurance sector, enhancing underwriting efficiency and data accessibility.Founded in 2013 in San Mateo, US, HumanAPI, Inc. focuses on health data integration for life insurers. The company has undergone strategic pivots to enhance its offerings. CEO Andrei Pop, a key figure in the firm’s direction, is known for his previous engagements in technology ventures. The firm secured a total of USD 20.00 mn in funding through its LATEST_ROUND in March 2023, which was a Series C round led by investors including Allianz Life Ventures and Samsung Venture Investment. The company has completed 7 deals, with its most recent deal occurring on March 6, 2023.HumanAPI, Inc. specializes in providing Electronic Health Record (EHR) solutions tailored for the life insurance sector. Its core offerings include a comprehensive EHR integration platform that enables life insurance carriers to access health data from over 30,000 sources, covering more than 270 million lives in the US. This platform is designed to enhance the underwriting process by providing easily interpretable outputs that improve underwriter adoption rates. The solutions greatly facilitate risk classification and reduce administrative burdens for underwriters, primarily serving life insurance carriers in North America and parts of Europe where health data integration demand is growing.HumanAPI, Inc. operates on a business-to-business (B2B) model, generating revenue through subscriptions provided to life insurance clients. The company forms long-term contracts with insurance carriers that integrate its EHR solutions into their systems. Clients pay for access to the EHR platform and data services, with pricing based on the scale of integration and data volume accessed. Key products such as the LexisNexis® Drive Optics suite and the Electronic Inspection Report are integral to their revenue model, delivering essential data for risk assessment and insurance applications.Looking ahead, HumanAPI, Inc. aims to expand its product offerings while penetrating new markets. The firm plans to introduce upcoming products designed to enhance data delivery and regulatory compliance, with specific timelines to be announced. The acquisition by LexisNexis Risk Solutions Inc. in April 2023 supports these initiatives by streamlining integration processes. The recent funding will be utilized to further develop their EHR solutions and accelerate market expansion efforts, targeting additional regions in North America and parts of Europe to meet increasing demands for health data solutions.

## Funding rounds

- Series C, Sep 4, 2020, $20M — BlueRun Ventures, Samsung Venture Investment, Moneta Venture Capital, GIS Strategic Ventures, Allianz Life Ventures, SCOR Life & Health Ventures, CNO Financial Group
- Series B, Feb 11, 2019, $10M — BlueRun Ventures, GIS Strategic Ventures, SciFi VC, SCOR Life & Health Ventures, Health Ventures
- Series A, Jan 16, 2015, $6.6M — BlueRun Ventures, AngelPad
- Seed, Jul 2, 2014 — Silicon Badia
- Seed, May 23, 2013 — Andreessen Horowitz, Innovation Endeavors, AngelPad

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Seed
- AngelPad (https://capitalatlas.ai/funds/angelpad) — Seed, Series A
- Silicon Badia (https://capitalatlas.ai/funds/silicon-badia) — Seed
- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Series A, Series B, Series C
- GIS Strategic Ventures (https://capitalatlas.ai/funds/gis-strategic-ventures) — Series B, Series C
- SciFi VC (https://capitalatlas.ai/funds/scifi-vc) — Series B
- SCOR Life & Health Ventures — Series B, Series C
- Health Ventures — Series B
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series C
- Moneta Venture Capital (https://capitalatlas.ai/funds/moneta-venture-capital) — Series C
- Allianz Life Ventures (https://capitalatlas.ai/funds/allianz-life-ventures) — Series C
- CNO Financial Group — Series C