Innovaccer, a San Francisco, CA-based healthcare AI company, has raised $275 million in a Series F funding round.
Investors
The round combined primary and secondary funding and included participation from B Capital Group, Banner Health, Danaher Ventures LLC, Generation Investment Management, Kaiser Permanente, and M12. To date, Innovaccer has raised $675 million.
Innovaccer Use of Funds
The funding will fuel expansion efforts, enhance AI and cloud capabilities, and scale its developer ecosystem. Innovaccer plans to launch new solutions, including utilization management, clinical decision support, and care management.
About Innovaccer
Founded in 2014, Innovaccer provides a comprehensive platform designed to help healthcare organizations streamline operations, improve patient outcomes, and transition to value-based care models. Its solutions focus on reducing administrative burdens, modernizing patient experiences, and enabling proactive, personalized care.
Funding Details
Company: Innovaccer, Inc.
Raised: $275.0M
Round: Series F
Funding Month: January 2025
Investors: B Capital Group, Banner Health, Danaher Ventures LLC, Generation Investment Management, Kaiser Permanente, M12
Company Website: https://innovaccer.com/
Software Category: AI Healthcare Data Solutions
Source: https://www.businesswire.com/news/home/20250109241872/en/