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Founded Year

2013

Stage

Series E | Alive

Total Raised

$375.68M

Valuation

$0000 

Last Raised

$150M | 3 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-12 points in the past 30 days

About Innovaccer

Innovaccer is a healthcare technology company focused on data activation and care delivery transformation. The company offers a healthcare data platform that unifies patient data across various systems and settings, providing healthcare organizations with applications that aim to improve clinical, financial, operational, and experiential outcomes. Innovaccer's solutions cater to providers, payers, life sciences companies, and government sectors within the healthcare industry. It was founded in 2013 and is based in San Francisco, California.

Headquarters Location

101 Mission Street Suite 1950

San Francisco, California, 94105,

United States

415-504-3851

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Innovaccer's Product Videos

ESPs containing Innovaccer

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare & Life Sciences / Health Insurance & RCM Tech

The general healthcare contract management market involves the use of contract management solutions and technologies specifically tailored to the healthcare sector. Contract management in healthcare is critical for managing agreements, contracts, and relationships between healthcare providers, payers, pharmaceutical companies, vendors, and other stakeholders. The goal is to enhance efficiency, com…

Innovaccer named as Highflier among 15 other companies, including Oracle, Icertis, and Sirion.

Innovaccer's Products & Differentiators

    Data Activation Platform (DAP)

    The Innovaccer Data Activation Platform (DAP) is the leading healthcare platform that offers integration capability with an in-built Extract-Transform-Load (ETL) process and algorithms/rules to ensure the acquired data is transformed and presented in a unified manner.

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Expert Collections containing Innovaccer

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Innovaccer is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,249 items

V

Value-Based Care & Population Health

1,260 items

The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.

C

Conference Exhibitors

5,302 items

D

Digital Health 50

300 items

The winners of the second annual CB Insights Digital Health 150.

D

Digital Health

11,082 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

T

Telehealth

2,919 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

Innovaccer Patents

Innovaccer has filed 9 patents.

The 3 most popular patent topics include:

  • data management
  • data modeling
  • data types
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/12/2019

8/31/2021

Data management, Knowledge representation, Software design patterns, Display devices, Information technology management

Grant

Application Date

9/12/2019

Grant Date

8/31/2021

Title

Related Topics

Data management, Knowledge representation, Software design patterns, Display devices, Information technology management

Status

Grant

Latest Innovaccer News

Innovaccer’s State of AI Report Reveals 80 Percent of Healthcare Leaders View AI as Crucial, with 67 Percent Confident It Can Alleviate Burnout

Oct 24, 2024

A Critical Inflection Point in Healthcare The report shows that 82% of leaders consider AI crucial for their operations, and 67% believe AI is essential in addressing the escalating burnout crisis that continues to strain the workforce. “In today’s complex healthcare environment, AI is not a silver bullet but a powerful multiplier that can enhance efficiencies and alleviate systemic burdens,” said David B. Nash, MD, Founding Dean Emeritus of the Jefferson College of Population Health, in the report. “AI’s ability to provide timely information to doctors, streamline workflows, and reduce the operational load will be key to improving outcomes and reducing burnout at its source.” A Balanced Approach to AI Adoption and avoid over-reliance on Point Solutions While the potential of AI in healthcare is promising, the research emphasizes that organizations must approach AI adoption strategically rather than tactically. The report strongly cautions against over-reliance on point solutions that address only immediate needs, advocating instead for comprehensive AI strategies that consider the broader healthcare ecosystem. A key finding highlights the critical role of unified data platforms in successful AI adoption. The research reveals that fragmented systems and multiple vendors for isolated AI use cases often lead to operational inefficiencies and integration challenges. Organizations achieving the most success with AI implementation are those taking a unified approach, resulting in smoother operations, better interoperability, and more streamlined decision-making processes. Key Findings and Opportunities for Healthcare Providers As healthcare professionals look for solutions to reduce administrative tasks and improve patient care, the report identifies several key trends that underscore AI’s growing importance: AI as a Workforce Support Tool: Unlike common fears of AI replacing jobs, the research shows that AI is primarily seen as an assistant, with 69% of healthcare leaders prioritizing AI’s role in reducing burnout, while 48% emphasize addressing gaps in care quality. Adoption Barriers: Although 87% of those who haven’t yet implemented AI are eager to explore its potential, concerns over data accuracy, ease of integration, and financial feasibility remain the primary barriers to adoption. Unified Approach Drives Positive Experience: When leaders used AI in three or more areas integrated with their systems, 100% reported a positive experience. The findings suggest that AI, when applied thoughtfully, can play a transformative role—not just by automating administrative tasks, but by enabling more meaningful patient-provider interactions and improving clinical decision-making. “AI is set to be a game changer in healthcare by simplifying everyday tasks. With smart tools that automate scheduling, manage patient info, address clinical documentation and coding, and provide clinical decision support, healthcare professionals will have more time to focus on their patients,” said Dr. Drew Albano , Chief Medical Officer, Prisma Health . Download the full report here to explore detailed findings on how AI can help transform your organization’s approach to burnout and operational efficiency.

Innovaccer Frequently Asked Questions (FAQ)

  • When was Innovaccer founded?

    Innovaccer was founded in 2013.

  • Where is Innovaccer's headquarters?

    Innovaccer's headquarters is located at 101 Mission Street, San Francisco.

  • What is Innovaccer's latest funding round?

    Innovaccer's latest funding round is Series E.

  • How much did Innovaccer raise?

    Innovaccer raised a total of $375.68M.

  • Who are the investors of Innovaccer?

    Investors of Innovaccer include M12, Mubadala Capital, Dragoneer Investment Group, Steadview Capital, B Capital and 25 more.

  • Who are Innovaccer's competitors?

    Competitors of Innovaccer include Lifen, Lumeris, Health Data Analytics Institute, Briya, Apixio and 7 more.

  • What products does Innovaccer offer?

    Innovaccer's products include Data Activation Platform (DAP) and 4 more.

  • Who are Innovaccer's customers?

    Customers of Innovaccer include Kaiser Permanente, CommonSpirit and St Peter's Health.

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