Unicorn Nest news
– ixlayer, a San Francisco, CA-based provider of technology-based solutions for diagnostic testing, raised $75m in Series A funding round.
– The round was led by General Catalyst with participation from PearVC, Signatures Capital’s Bobby Yazdani, Uber CEO Dara Khosrowshahi, 23andMe CEO Anne Wojcicki, MBX Capital’s Zeshan Muhammedi and Prologis CEO Hamid Moghadam.
– The new investment will be used to accelerate the company’s global expansion and development of new products.
– Health Gorilla has raised $15m in a series B round co-led by IA Capital and Nationwide.
– The company plans to use the funds to accelerate its expansion into new business verticals, including insurance, life sciences, and government organizations, and to introduce new APIs for medical record access, payer-to-payer data sharing, and data quality assessments.
– In October 2019, the U.S. 21st Century Cures Act came into force. Signed into law in December 2016, the legislation was intended to drive innovation by requiring that patients be provided access to their information.
– But opening up electronic health records doesn’t make the data within them standardized. Some experts estimate that as many as half of records are mismatched when data is transferred between health care systems.
– Redox, the company making healthcare data useful, today announced it has raised $45m in Series D funding.
– The round was led by global private equity firm Adams Street Partners, with participation from Avenir and existing investors Battery Ventures, .406 Ventures, and RRE Ventures.
– This funding was preceded by a consistent pattern of acceleration. With integrations booming by 300% and the company surpassing 1,000 live connections on the Redox network in October 2020, Redox continues on an exponential trajectory.