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Tiger Global-backed Innovaccer in talks to raise $250M in new funding, sources say
Innovaccer, a healthtech startup that aggregates patient data across systems and care settings, is in advanced stages of talks with investors to raise as Innovaccer is in advanced stages of talks to raise as much as $250 million in a new financing round, after raising $150 million at the end of 2021.
Innovaccer has developed a cloud-based software layer that integrates with existing electronic health record systems used by healthcare facilities. According to one source, health system Kaiser Permanente is among those engaging to lead the funding round, which is expected to be split into many tranches. Innovaccer operates on a subscription-based business model, charging customers based on the number of patients, modules subscribed, and endpoints.
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