How Much Did Datavant Raise?
Funding & Key Investors

Datavant has secured $121M in total capital, with its most recent financing round yielding $40M in a major strategic investment. This significant backing underscores the company's pivotal role in the healthcare data sector.

What is Datavant?

Datavant
SoftwareHealthcare Software

Datavant is a privately owned computer software company founded in 2017 and headquartered in San Francisco, California. The company specializes in linking and sharing healthcare data across multiple platforms, aiming to enhance medical research and improve patient care. Datavant also provides robust solutions for data safety and sharing operations, positioning itself as a critical infrastructure provider in the health tech ecosystem.

How much funding has Datavant raised?

Datavant has raised a total of $121M across 3 funding rounds:

2018

Series A

$40.5M

Other Financing Round

$40.5M

2020

Series B

$40M

Series A (2018): $40.5M with participation from Roivant Sciences

Other Financing Round (2018): $40.5M led by Roivant Sciences

Series B (2020): $40M supported by Johnson & Johnson Innovation – JJDC, Inc., Roivant Sciences Ltd., Flex Capital, Cigna Ventures, and Transformation Capital Group Ltd

Key Investors in Datavant

Roivant Sciences

Founded in 2014 and headquartered in London, Roivant Sciences is a tech-enabled healthcare company focused on completing the development of promising late-stage drug candidates and delivering innovative healthcare technologies to patients.

Johnson & Johnson Innovation – JJDC, Inc.

Johnson & Johnson Innovation – JJDC, Inc. is the venture capital arm of Johnson & Johnson, focused on investing in early-stage companies that align with Johnson & Johnson's strategic interests in healthcare and life sciences.

Flex Capital

Flex Capital is an investment firm that likely focuses on providing strategic capital to companies within the technology and healthcare sectors, supporting their growth and market penetration.

What's next for Datavant?

The substantial enterprise-level funding Datavant has attracted indicates a strong market validation and positions the company for accelerated growth and expansion. This capital infusion is expected to fuel further development of its data-linking technologies, enhance its data security protocols, and broaden its reach within the healthcare industry. Datavant's strategic focus on improving data interoperability and research capabilities suggests a trajectory aimed at becoming a foundational element in the future of healthcare innovation.

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Frequently Asked Questions Regarding Datavant Financial Insights

What are the most recent funding rounds that Datavant has completed, and what were the funding rounds?
Datavant has recently completed 3 funding rounds: Series B on Oct 8, 2020, Other Financing Round on Nov 14, 2018, Series A on Apr 30, 2018.
What is the total amount of funding Datavant has raised to date?
Datavant has raised a total of $121M in funding to date.
How many funding rounds has Datavant completed?
Datavant has completed 3 funding rounds.
How much funding did Datavant raise in its most recent funding round?
Datavant raised $40M in its most recent funding round.
Who are the lead investors in Datavant's latest funding round?
The lead investor in Datavant's latest funding round was Johnson & Johnson Innovation – JJDC, Inc.. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Datavant's history?
The largest funding round in Datavant's history was $40.5M.
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