Tech Company Financing Transactions
Abacus Insights Funding Round
BVF Partners, .406 Ventures and CRV participated in a $35 million Series B funding round for Abacus Insights. The round was recorded on 6/17/2020.
Transaction Overview
Company Name
Announced On
6/17/2020
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$35,000,000
Round
Series B
Investors
BVF Partners (Lead Investor) (Michael Spadafore)
CRV (Murat Bicer)
Proceeds Purpose
The funds will be used to scale the business, accelerate the capabilities and connections of its technology platform, and add to its roster of technology talent.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
347 West 36th St. 1100
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Undisclosed
Website
Email Address
Overview
Abacus Insights is the first healthcare specific data integration platform allowing health insurance companies to unlock the value of their data to improve the lives of the members they serve. Abacus solves healthcare's biggest challenges: improving patient experiences, improving the health of populations and reducing the cost of care.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Minal Patel
Chief Financial Officer
Larry Begley
Chief Information Officer
William Brown
VP - Client Services
Gokul Varadharaj
VP - Engineering
Douglas Bachelor
VP - Engineering
Jeffrey Cratty
VP - Human Resources
Jaclyn Steele
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