What is H1?
H1 operates as a data provider comparison platform, offering critical insights into pricing and data offerings within its market. The company's focus on providing transparency and actionable intelligence positions it as a key player for businesses seeking to navigate the complex landscape of data services. By aggregating and analyzing information on various data providers, H1 empowers its clients to make informed decisions regarding their data procurement strategies.
How much funding has H1 raised?
H1 has raised a total of $193.9M across 3 funding rounds:
Series A
$12.9M
Series B
$58M
Series C
$123M
Series A (2020): $12.9M with participation from dRx Capital, Underscore VC, Y Combinator, Menlo Ventures, ClearPoint Investment Partners, Liquid 2 Ventures, and Baron Davis
Series B (2020): $58M led by Lead Edge Capital Management, Transformation Capital Group Ltd, IVP Limited, Lux Capital, Menlo Ventures, YC, and Novartis AG
Series C (2022): $123M supported by LeadEdge, Transformation Capital, Altimeter Capital, Menlo Ventures, IVP, Lux Capital, Goldman Sachs, and Flex Capital
Key Investors in H1
dRx Capital
dRx Capital is a joint venture investment company focused on catalyzing early-stage digital medicine companies, leveraging extensive networks in pharma, mobile/IT, and venture investment.
Underscore VC
Underscore VC is a Boston-based venture capital firm that supports early-stage B2B software founders with a collaborative, open-source investing model.
Y Combinator
Y Combinator is a renowned accelerator and seed funding provider for startups, based in Mountain View, California, known for its rigorous selection process and extensive network.
What's next for H1?
The recent major strategic investment signals H1's transition into a scaling phase, likely focusing on expanding its platform capabilities, enhancing its data analytics, and broadening its market reach. With substantial backing, the company is poised to further solidify its competitive advantage by deepening its insights and potentially exploring new verticals or service offerings. This capital infusion will be instrumental in driving innovation and supporting H1's long-term growth objectives in the data intelligence sector.
See full H1 company page
