# PicnicHealth

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

- Industry: Healthcare IT
- Headquarters: San Francisco, US
- Website: www.picnichealth.com
- Total disclosed funding: $97M
- Latest round: Series C (Jun 27, 2022)
- Investors on record: 9

## About

PicnicHealth, based in the US, provides a comprehensive platform that facilitates healthcare management by creating unified patient records. This solution enhances patient understanding and aids life sciences research with accurate health data.Founded in 2014, PicnicHealth streamlines healthcare management through its innovative platform. The company is headquartered in San Francisco, US. The founders, Noga Leviner and Troy Astorino, have a history of leadership in healthcare technology. In June 2022, the company raised USD 60 mn in Series C funding, led by B Capital Group, with participation from Amplify Partners and Felicis Ventures. The total amount raised to date is USD 60 mn, and the company's current valuation stands at USD 369.584 mn.PicnicHealth's core offering is the Unified Patient Record, designed to optimize healthcare management for both patients and life sciences researchers. Utilizing advanced technology, PicnicAI allows for detailed patient health records, enhancing clinical concept recognition. This service targets individual patients and healthcare institutions, available in the United States and select European regions, providing essential insights for better healthcare decisions.PicnicHealth generates revenue through subscription-based models and partnerships with healthcare organizations and life sciences companies. Their Unified Patient Record service includes tailored packages offering personalized health assistant access and enhanced data analytics. The revenue model is structured around direct contracts with healthcare providers, aligning with the company's commitment to simplifying healthcare management and improving patient care processes.Following the USD 60 mn funding raised in June 2022, PicnicHealth plans to utilize this capital to support its growth initiatives. The company is focused on developing new products and expanding into additional markets, although specific product details and geographic targets have not been disclosed. This strategy aims to enhance their offerings and increase their market presence in the healthcare sector.

## Funding rounds

- Series C, Jun 27, 2022, $60M — Felicis Ventures, Amplify Partners, B Capital
- Series B, Aug 11, 2020, $25M — Felicis Ventures, Amplify Partners
- Series A, Jan 1, 2018, $10M — Amplify Partners
- Seed, Apr 2, 2015, $2M — Y Combinator, Great Oaks Venture Capital, Social Capital, Slow, StartX, Wonder Ventures
- Seed, Jun 1, 2014 — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed
- Slow (https://capitalatlas.ai/funds/slow) — Seed
- StartX — Seed
- Wonder Ventures (https://capitalatlas.ai/funds/wonder-ventures) — Seed
- Amplify Partners (https://capitalatlas.ai/funds/amplify-partners) — Series A, Series B, Series C
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series B, Series C
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series C