Datavant

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.

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

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 Travis May, 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 Pete McCabe 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 Biodesix, 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. "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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