Innovaccer Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 1,477

Employees

  • Latest Deal Type
  • Series F

  • Latest Deal Amount
  • $275M

  • Investors
  • 47

Innovaccer General Information

Description

Developer of a healthcare data technology platform intended to deliver intelligent and connected experiences that advance health outcomes. The company's platform aggregates, analyses, and activates patient data from diverse sources such as electronic health records (EHRs), medical devices, and other systems, facilitates communication and collaboration among teams and offers tools for managing billing, claims processing, and reimbursement to optimize financial operations and reduce administrative burdens, enabling healthcare organizations to streamline clinical workflows, enhance care coordination, and improve patient outcomes.

Contact Information

Website
www.innovaccer.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 101 Mission Street
  • Suite 1950
  • San Francisco, CA 94105
  • United States
+1 (510)
Primary Industry
Enterprise Systems (Healthcare)
Vertical(s)
Big Data, Digital Health, Artificial Intelligence & Machine Learning, HealthTech
Corporate Office
  • 101 Mission Street
  • Suite 1950
  • San Francisco, CA 94105
  • United States
+1 (510)

Innovaccer Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Innovaccer Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Later Stage VC (Series F) 09-Jan-2025 $275M Completed Generating Revenue
8. Later Stage VC (Series E) 07-Dec-2021 Completed Generating Revenue
7. Later Stage VC (Series D) 19-Feb-2021 Completed Generating Revenue
6. Later Stage VC (Series C) 13-Feb-2020 Completed Generating Revenue
5. Later Stage VC (Series B) 25-Jul-2019 Completed Generating Revenue
4. Early Stage VC (Series A) 13-Jul-2016 Completed Generating Revenue
3. Accelerator/Incubator Completed Generating Revenue
2. Accelerator/Incubator Completed Generating Revenue
1. Accelerator/Incubator Completed Generating Revenue
To view Innovaccer’s complete valuation and funding history, request access »

Innovaccer Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series F-2
Series F-1
Series E
Series D
Series C-1
Series C
Series B-1
Series B 41,293,600 $0.000010 $0.61 $0.61 1x $0.61 10.17%
Series A 63,840,830 $0.000010 $0.22 $0.22 1x $0.22 15.72%
To view Innovaccer’s complete cap table history, request access »

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Innovaccer Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a healthcare data technology platform intended to deliver intelligent and connected experiences that advanc
Enterprise Systems (Healthcare)
San Francisco, CA
1,477 As of 2025

Chicago, IL
 

Youngstown, OH
 
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Innovaccer Competitors (50)

One of Innovaccer’s 50 competitors is PatientIQ, a Venture Capital-Backed company based in Chicago, IL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PatientIQ Venture Capital-Backed Chicago, IL
MicroMD Corporation Youngstown, OH
Lumeris Venture Capital-Backed Maryland Heights, MO
ZeOmega Venture Capital-Backed Plano, TX
WRS Health Corporation Goshen, NY
You’re viewing 5 of 50 competitors. Get the full list »

Innovaccer Patents

  • 17

    Total Documents Applications and Grants

  • Total Patents Families

  • 10

    Granted

  • 5

    Pending

  • Expiring in next 12 mo

Innovaccer Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250014112-A1 Method and system for automated data ingestion in a real-time Pending 08-Jul-2023
US-20230410962-A1 System and method for automatic display of contextually related data on multiple devices Pending 21-Jun-2022
US-20230359445-A1 Method and system for providing faas based feature library using dag Pending 06-May-2022
US-20230161907-A1 Method and system for unifying de-identified data from mulitple sources Active 23-Nov-2021
US-12182309-B2 Method and system for unifying de-identified data from multiple sources Active 23-Nov-2021 G06F21/6254
To view Innovaccer’s complete patent history, request access »

Innovaccer Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Innovaccer Investors (47)

Investor Name Investor Type Holding Investor Since Participating Rounds
Banner Health Corporation Minority
Danaher Ventures Corporate Venture Capital Minority
Generation Investment Management Growth/Expansion Minority
Patni Financial Advisors PE/Buyout Minority
Anvaya Ventures Venture Capital Minority
You’re viewing 5 of 47 investors. Get the full list »

Innovaccer Acquisitions (2)

Innovaccer’s most recent deal was a Merger/Acquisition with Pharmacy Quality Solutions. The deal was made on 12-Mar-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Pharmacy Quality Solutions 12-Mar-2024 Merger/Acquisition Enterprise Systems (Healthcare)
Cured 16-Jan-2024 Merger/Acquisition Enterprise Systems (Healthcare)
To view Innovaccer’s complete acquisitions history, request access »

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Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Cured Indianapolis, IN 2018
Pharmacy Quality Solutions Durham, NC 2013

Innovaccer FAQs

  • When was Innovaccer founded?

    Innovaccer was founded in 2014.

  • Where is Innovaccer headquartered?

    Innovaccer is headquartered in San Francisco, CA.

  • What is the size of Innovaccer?

    Innovaccer has 1,477 total employees.

  • What industry is Innovaccer in?

    Innovaccer’s primary industry is Enterprise Systems (Healthcare).

  • Is Innovaccer a private or public company?

    Innovaccer is a Private company.

  • What is the current valuation of Innovaccer?

    The current valuation of Innovaccer is .

  • What is Innovaccer’s current revenue?

    The current revenue for Innovaccer is .

  • How much funding has Innovaccer raised over time?

    Innovaccer has raised $651M.

  • Who are Innovaccer’s investors?

    Banner Health, Danaher Ventures, Generation Investment Management, Patni Financial Advisors, and Anvaya Ventures are 5 of 47 investors who have invested in Innovaccer.

  • Who are Innovaccer’s competitors?

    PatientIQ, MicroMD, Lumeris, ZeOmega, and WRS Health are some of the 50 competitors of Innovaccer.

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