Security Experts:

Connect with us

Hi, what are you looking for?


Cybersecurity Funding

HealthVerity Raises $100 Million in Series D Funding

Healthcare data management provider HealthVerity this week announced that it has raised $100 million in Series D funding, which brings the total raised by the company to $142 million.

Healthcare data management provider HealthVerity this week announced that it has raised $100 million in Series D funding, which brings the total raised by the company to $142 million.

Founded in 2014, the Philadelphia-based company provides the IPGE (Identity, Privacy, Governance and Exchange) platform, which healthcare enterprises and pharmaceutical companies can use to access and manage healthcare data.

Officially launched at the end of May 2021, HealthVerity claims its IPGE platform is used by over 250 healthcare companies and more than 80% of top pharmaceutical organizations. The integrated technology and real-world data infrastructure solution enables high-governance, privacy-compliant data exchange across the healthcare ecosystem.

Furthermore, the Department of Health and Human Services (HHS) has selected HealthVerity for integrating Privacy Preserving Record Linkage (PPRL) in the COVID-19 vaccine rollout, while the FDA and NIH have partnered with the company on multiple COVID-19 studies.

The new funding, HealthVerity says, will help accelerate the growth of the IPGE platform and will also support go-to-market initiatives.

The funding round was led by Durable Capital Partners LP, with participation from existing investors, such as Flare Capital Partners, Foresite Capital, and Greycroft.

“Durable’s goal of partnering with high-growth, long-term transformative companies directly aligns with our mission at HealthVerity, where we have been consistent since our inception in our strategy and approach to evolving the healthcare data ecosystem and supporting our clients as they shift towards patient-centricity. We are so pleased to have them join the HealthVerity team,” Andrew Kress, CEO at HealthVerity, said.

Related: Identity-Based Access Provider Elisity Raises $26 Million

Related: Security Training Company Immersive Labs Raises $75 Million

Related: Cyber Risk Management Firm Brinqa Raises $110 Million

Related: Endpoint Management Startup Aiden Technologies Raises $2.9M

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Management & Strategy

Tens of cybersecurity companies have announced cutting staff over the past year, in some cases significant portions of their global workforce.


Tenable has launched a $25 million venture fund to place bets on early-stage startups in the exposure management space.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.

Management & Strategy

Microsoft making a multiyear, multibillion dollar investment in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools.

Application Security

Many developers and security people admit to having experienced a breach effected through compromised API credentials.

Cybersecurity Funding

Forward Networks, a company that provides network security and reliability solutions, has raised $50 million from several investors.