# Particle Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/particle-health

- Industry: Software
- Headquarters: US
- Website: www.particlehealth.com
- Total disclosed funding: $36M
- Latest round: Series B (Jul 1, 2022)
- Investors on record: 7

## About

Particle Health Inc. provides a comprehensive API platform designed to streamline access to patients' medical records, enhancing the efficiency of healthcare operations and supporting value-based care initiatives.Founded in 2017, Particle Health Inc. specializes in health data interoperability, offering solutions that bridge the gap between over 320 million patients' medical records from more than 70,000 healthcare organizations. The company is headquartered in the United States. Troy Bannister is one of the founders, while Jason Prestinario serves as the CEO. In July 2022, Particle Health raised USD 24.00 mn in SERIES B funding led by Canvas Ventures, with participation from Menlo Ventures, PruVen Capital, and Story Ventures. This capital round brought the total amount raised to USD 24.00 mn, with a current company valuation of USD 125.96 mn.Particle Health specializes in providing a comprehensive API platform that facilitates access to over 320 million patients' medical records from more than 70,000 healthcare organizations. Their core offerings include the Particle Insights Platform, enabling health systems, payers, and developers to efficiently gather and utilize actionable health data. This platform supports value-based care initiatives by allowing users to seamlessly integrate clinical data into existing workflows, thus enhancing care coordination and patient outcomes. Notable use cases include automated patient notifications during admissions and transfers, real-time prescription record access, and AI-driven analytics for better patient stratification. Particle Health serves a diverse client base, including One Medical and xCures, operating primarily in the United States.Particle Health generates revenue through a subscription-based model, partnering with healthcare organizations to provide access to its API services. Transactions typically involve health systems and developers subscribing to the Particle Insights Platform to leverage comprehensive patient data in their operations. This structure facilitates seamless integration, allowing clients to access critical health information quickly. As clients utilize the platform for various applications, including real-time data retrieval and clinical analytics, the company establishes a sustainable revenue stream through enduring partnerships.Following its most recent funding round in July 2022, Particle Health plans to accelerate its analytics products and facilitate the launch of additional platforms. The funding will also support the scaling of its customer service and engineering teams to better serve its growing customer base. The company aims to expand its reach into new healthcare markets and geographic regions as demand for interoperable healthcare data continues to rise.

## Funding rounds

- Series B, Jul 1, 2022, $24M — Menlo Ventures, Canvas Prime, Story Ventures, PruVen Capital
- Series A, Apr 28, 2020, $12M — Menlo Ventures, Collaborative Fund, Story Ventures, Company Ventures
- Seed, Apr 26, 2018 — StartUp Health

## Investors

- StartUp Health (https://capitalatlas.ai/funds/startup-health) — Seed
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series A, Series B
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series A
- Story Ventures (https://capitalatlas.ai/funds/story-ventures) — Series A, Series B
- Company Ventures (https://capitalatlas.ai/funds/company-ventures) — Series A
- Canvas Prime (https://capitalatlas.ai/funds/canvas-prime) — Series B
- PruVen Capital (https://capitalatlas.ai/funds/pruven-capital) — Series B