Datavant

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Datavant
TypePrivately held company
IndustryHealth information technology
Founded2017
HeadquartersSan Francisco, CA
Key people
  • , President
  • , CEO
Revenue
  • Increase US$700,000,000 (2020)
SubsidiariesCiox Health
Websitehttps://datavant.com

Datavant is a health information technology company based in San Francisco, CA, which develops and maintains a digital ecosystem for the exchange of healthcare data.[1][2] Datavant's clients include clinical research organizations, pharmaceutical companies, payers, analytics companies, hospitals, and providers, operating primarily in the US healthcare market.

The company operates the COVID-19 Research Database along with the Health Care Cost Institute, Snowflake, Elsevier, Parexel, and others, which "enables public health and policy researchers to use real-world data to better understand and combat the COVID-19 pandemic."[3][4]

History[]

Datavant was co-founded by Roivant Sciences in 2017 with a focus on data management in support of clinical trials.[5] Datavant's founding CEO was , a former co-founder of LiveRamp.[5]

The company received a $40.5mm Series A investment in 2018 led by Roivant Sciences, followed by a $40mm Series B investment in 2020.

In June 2021, Datavant entered into a US$7,000,000,000 deal to acquire the EMR platform developer Ciox Health.[6][7] Following the merger, May will become president and join the company's board, while Ciox's CEO will become the CEO of the joint entity that will continue under the Datavant name.[8]

In the same month, Datavant announced a partnership with , a data-driven diagnostics company.[9]

References[]

  1. ^ "Datavant Company Profile: Funding & Investors | PitchBook". pitchbook.com. Retrieved 2021-07-29.
  2. ^ "Connecting Health Data to Improve Patient Outcomes". Datavant. Retrieved 2021-07-29.
  3. ^ "See how age and illnesses change the risk of dying from covid-19". The Economist. Retrieved 2021-07-28.
  4. ^ "COVID-19 Research Database". COVID-19 Research Database. Retrieved 2021-07-28.
  5. ^ a b "Roivant Sciences Launches Datavant to Improve Clinical Trials with Artificial Intelligence". Roivant Sciences. Retrieved 2021-06-29.
  6. ^ "Datavant, Ciox Health ink $7B deal for wide-ranging access to medical research data". FierceBiotech. Retrieved 2021-06-29.
  7. ^ "Goodwin, Ropes, Sidley support Datavant and Ciox's $7 bln union". Reuters. 2021-06-09. Retrieved 2021-06-29.
  8. ^ "Datavant and Ciox Health Announce Merger, Creating the Largest Neutral and Secure Health Data Ecosystem". Datavant. Retrieved 2021-06-29.
  9. ^ "Biodesix, Datavant Join in Lung Cancer Data Partnership". Precision Oncology News. 2021-06-04. Retrieved 2021-06-29.


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