SUNNYVALE, Calif., March 2, 2021 /PRNewswire/ -- Health
Gorilla, the leading provider of healthcare APIs, today announced
it has raised $15 million in Series B
financing co-led by IA Capital and Nationwide, with participation
from Aflac Ventures, Epsilon Health Investors and existing
investors including True Ventures. IA Capital General Partner,
Matt Perlman, will be joining Health
Gorilla's Board of Directors.
Health Gorilla is focused on streamlining access to clinical
data with a suite of FHIR-based APIs that digital health developers
integrate into their products. Health Gorilla customers include
leading innovators in digital health, like Virta Health, Heal, K
Health, and DrChrono. In 2020, Health Gorilla expanded beyond
digital health with new partnerships with state government
organizations, payers, and health systems. The Health Gorilla team
is an interdisciplinary group of API engineers, data scientists,
and interoperability experts who are passionate about simplifying
access to clinical data through API-mediated data networks. With
Health Gorilla's APIs, developers can access data from a vast
network of care sites without having to do resource intensive,
one-off integrations, expediting access to data and enabling better
patient care.
With new funding, Health Gorilla will accelerate its expansion
into new business verticals, including insurance, life sciences,
and government organizations. In addition, Health Gorilla will
introduce new APIs to enable consumer access to medical records,
payer-to-payer data sharing, and data quality assessments.
"APIs are transforming how healthcare organizations access and
exchange clinical data, creating massive efficiency gains across
our customer base," said Steve
Yaskin, CEO and Co-founder of Health Gorilla. "This funding
round gives us the ability to onboard more digital health
organizations onto our network, while introducing our APIs to a
broader set of stakeholders across the healthcare ecosystem. This
round is also recognition that Health Gorilla is making
interoperability a reality for the next generation of healthcare
companies."
"Massive trends like the proliferation of digital health and
telemedicine, the rise of value-based care models, and new
regulations mandating interoperability are fueling demand for data
solutions like Health Gorilla," said Matt
Perlman, General Partner at IA Capital. "Steve and his team
have built best-in-class technology that customers absolutely
love and we're excited to help accelerate their traction in the
insurance industry."
"Being able to access health data quickly and efficiently is a
game-changer for underwriting life insurance products. We believe
their technology can drastically change underwriting processes that
have previously taken weeks," said Erik
Ross, leader of Nationwide's venture capital team.
"Nationwide recognizes the opportunities within Health Gorilla's
platform to benefit our members and we are looking forward to
helping them scale through our investment."
About Health Gorilla
Founded in 2014, Health Gorilla
is a secure interoperability solution that enables the entire
health care ecosystem – patients, payers, providers, digital health
solutions, and labs – to seamlessly share health data and aggregate
each patient's entire clinical history in one place. With
enterprise-grade clinical data APIs, HIPAA-compliant user
authentication, and an unparalleled master patient index, the
Health Gorilla network makes it easy for providers to pull their
patient's information from any clinical records system.
Headquartered in Silicon Valley, Health Gorilla works with health
care organizations around the world, helping them gather the
clinical data they need to deliver the best and most appropriate
care for their patients. For more information, visit
healthgorilla.com or follow us on Twitter @HealthGorilla.
About IA Capital
IA Capital is the longest-tenured
independent venture capital firm focusing on insurtech. Based in
New York City, IA Capital has a
two-decade track record of successfully partnering with innovative
early and growth stage companies in insurance and—more
broadly—financial services. IA is currently investing in its sixth,
seventh, and eighth venture capital funds and manages strategic
venture capital programs for 16 insurers. Learn more
at iacapgroup.com.
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SOURCE Health Gorilla