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The start, not the end, of Unicorn seeding


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The myth and magic of unicorns


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How venture capitalists behave


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Healthcare startup Innovaccer's valuation crosses $1 bn, joins unicorn club


Innovaccer Inc., a leading healthcare technology company, 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. It was valued at $350 million during its Series C round of $70 million in February last year.
The firm didn’t mention the amount, but according to the sources, it has raised about $105 million in this funding round. With its additional funding, San Francisco-based Innovaccer which has offices in India is launching the Innovaccer Health Cloud. The platform-as-a-service offering combines the company’s data activation platform and application suite with an extensive set of platform ....

District Of Columbia , United States , Sandeep Gupta , John Curtius , Abhinav Shashank , Kanav Hasija , Julief Smith , Valley Integrated Provider Network , Microsoft Venture Fund , Cancer Treatment Centers Of America , Banner Health , Innovaccer Health Cloud , Saas Software , Innovaccer Inc , Relevate Health , Lee Health , B Capital Group , Dignity Health , Tiger Global , Steadview Capital , Mubadala Capital , Venture Fund , San Francisco Based Innovaccer , Innovaccer Health , Chief Executive Officer , Data Activation Platform ,