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How Much Did Select Data Raise?
Funding & Key Investors

Select Data, a prominent player in the healthcare technology and outsourcing sector, has recently secured a major strategic investment, adding to its substantial financial backing of $2.1M. This latest capital infusion, valued at $1.1M, underscores the company's robust growth trajectory and its pivotal role in advancing post-acute care solutions through artificial intelligence.

What is Select Data?

Select Data
Business ServicesSoftware TestingAccounting for Legal Practices

Founded in 1989 and headquartered in Anaheim, California, Select Data is a healthcare technology and outsourcing company dedicated to enhancing post-acute care settings. The company's proprietary SmartCare platform is engineered to address the unique complexities of this sector, offering agencies high-quality coding, clinical documentation improvement (CDI), OASIS accuracy, and referral coding services. By integrating advanced artificial intelligence (AI), Select Data empowers healthcare providers to achieve better patient outcomes and operational efficiencies, positioning itself as a leader in data-driven healthcare solutions.

How much funding has Select Data raised?

Select Data has raised a total of $2.1M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.1M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.1M led by PPP

Key Investors in Select Data

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Select Data?

The recent major enterprise-level funding and strategic investment signal a significant scaling phase for Select Data. This capital injection is expected to fuel further development of its AI-powered SmartCare platform, potentially expanding its market reach into new post-acute care segments or enhancing its service offerings. The company is likely to focus on strengthening its technological infrastructure and expanding its operational capacity to meet growing demand, reinforcing its leadership in the healthcare technology outsourcing market.

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Frequently Asked Questions Regarding Select Data Financial Insights

What are the most recent funding rounds that Select Data has completed, and what were the funding rounds?
Select Data has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 28, 2020. What is the total amount of funding Select Data has raised to date?
Select Data has raised a total of $2.1M in funding to date. How many funding rounds has Select Data completed?
Select Data has completed 2 funding rounds. How much funding did Select Data raise in its most recent funding round?
Select Data raised $1.1M in its most recent funding round. Who are the lead investors in Select Data's latest funding round?
The lead investor in Select Data's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo. Which was the largest funding round in Select Data's history?
The largest funding round in Select Data's history was $1.1M.
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