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How Much Did Select Data Raise?
Funding & Key Investors

Select Data, a healthcare technology and outsourcing company, has secured $2.1M in total capital, with its most recent financing round bringing in $1.1M through a major strategic investment. This latest backing underscores the company's established position in the market and its ongoing growth trajectory.

What is Select Data?

Select Data
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Founded in 1989 and based in Anaheim, California, Select Data is a prominent player in the healthcare technology sector. The company specializes in leveraging artificial intelligence (AI) through its SmartCare platform, which is specifically designed to address the complexities of post-acute care settings. Agencies rely on Select Data for critical services including high-quality coding, clinical documentation improvement (CDI), OASIS accuracy, and referral coding. Their dedication to quality and innovative data solutions positions them as a leader in driving successful patient outcomes within the healthcare industry.

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

What's next for Select Data?

The substantial enterprise-level funding, including the recent strategic investment, indicates Select Data is likely in a phase of scaling operations and further developing its AI-driven healthcare solutions. This capital infusion is expected to fuel advancements in their SmartCare platform, potentially expanding market reach and enhancing service offerings in coding, CDI, and referral management. The company's long history and focus on specialized post-acute care technology suggest a strategic direction aimed at solidifying its leadership and driving innovation in a critical segment of the healthcare ecosystem.

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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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