Innovaccer Inc., a leading healthcare technology company, announced today that it has closed a new round of growth funding at a $1.3 billion post-money valuation, led by Tiger Global Management. Existing investors Steadview Capital, Dragoneer, B Capital Group, Mubadala Capital, and M12 (Microsoft's Venture Fund) participated in the round, as well as new investor OMERS Growth Equity. This is the company's first financing announcement since its Series C round, bringing the total capital raised to over $225 million.
Tabula Rasa HealthCare, Inc. ("TRHC") (NASDAQ: TRHC), a healthcare technology company advancing safe use of medication, today announced it has entered into an agreement expanding its existing relationship with the national primary care network, MDVIP to provide TRHC's MedWise™ Comprehensive Medication Management ("CMM") Program to MDVIP Plus practices. MDVIP Plus practices offer patients an enhanced program incorporating more advanced cognitive screening, cardiovascular disease prevention and personal medication management.