Your Source for Venture Capital and Private Equity Financings

Venture Capital News: Human API Lands $10M

2019-02-12
SAN MATEO, CA, Health data network has announced $10M in new funding.
Human API, the nation's largest health data network, has announced $10M in new funding to accelerate product development and market expansion. The round includes strong support from new investors Guardian Life Insurance Company and SCOR Life and Health Ventures, as well as returning backers BlueRun Ventures and Max Levchin's SciFi VC.

Human API's data platform allows users to access, centralize and share their health data from a rapidly expanding network of the nation's leading electronic health record (EHR) vendors, labs, pharmacies, wearable devices and health apps. By using the Human API platform, enterprises can access rich clinical data, securely permissioned, to deliver a superior experience for their customers, users, members, and patients.

"We have bold plans for the next 24 months, and are thrilled to welcome our new investors," said Andrei Pop, Founder and Chief Executive. "Over the past 12 months we've significantly grown our clinical data network and launched our new enterprise data suite to streamline insurance underwriting and clinical research. This new investment will help us further expand our data infrastructure and machine learning capabilities, grow our market reach, and advance our mission to put consumers in control of their own health information."

"Human API's bold mission of organizing and exchanging real time health data on every human being on the planet is exciting," said Max Levchin of SciFi VC, "The growth of the company over the past year has been excellent, and we are excited to support Andrei and the team's ambitious plans going forward."

"We are excited to support Human API's vision of making health data sharing simple and consumer oriented," said Chris Dyrhaug, Executive Vice President at Guardian Life Insurance Company, one of the nation's largest mutual life insurers. "We began working with Human API in 2018 and soon realized the potential impact their solution could have on our business, as evidenced by our investment. Their approach aligns with our interest in streamlining our underwriting process and engaging our customers as they improve their health and wellness."

"SCOR Global Life seeks to extend protection and peace of mind and to make insurance more accessible, relevant and desirable to consumers. We look to build solutions with our insurance clients that enable them to provide their customers with a simpler and faster buying experience," said Brona Magee, Deputy CEO of SCOR Global Life. "This partnership with Human API supports our efforts to accelerate the underwriting process through electronic health data and automated decision making. Human API is in a unique position to transform health data exchange and create innovation opportunities across the healthcare and insurance ecosystem."

About Human API
Human API is the nation's largest consumer-centric health data network. The Human API platform retrieves, analyzes, normalizes, and delivers unique clinical data and wellness information on consumers from our network of over 20,000 unique integrations spanning more than 600,000 healthcare providers and 230 million consumers. Today we're powering industry-leading applications built by fast-growing startups and Fortune 500 companies in insurance, clinical research, pharmaceutical, and digital health. To learn more, visit www.humanapi.co

About SciFi VC
SciFi VC is an early stage venture capital firm started by PayPal and Affirm co-founder Max Levchin. SciFi invests in high potential companies within fields such as frontier tech, fintech, healthcare, and marketplaces.

About Guardian
Guardian is a Fortune 250 mutual company and a leading provider of life, disability and other benefits for individuals, at the workplace and through government sponsored programs.

About SCOR Global Life
SCOR, one of the world's largest reinsurers, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk.

About BlueRun Ventures
BlueRun Ventures (BRV) is an early stage venture firm focused on opportunities in mobile software, fintech, digital health and real time data systems. BlueRun invests as the first institutional investor and has led investments in PayPal, Coupa Software, Waze, Ganji, and Kabbage. The firm is headquartered in Menlo Park, CA.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors