What You Should Know:
– Human API, the consumer-controlled health data platform announced it has closed a Series C round of $20M+ this week.
– Human API’s consumer-controlled platform gives users a streamlined means of accessing and sharing their personal health records with physicians, trusted startups and enterprises, and insurers.
– The platform harnesses a machine learning-powered data pipeline that structures health data into a consistent format, making it easier for medical researchers and scientists to use actionable data more quickly and efficiently while ensuring that patients remain in full control of who their personal data is being shared with.
Human API, a San Mateo, CA-based company empowering consumers to connect and share electronic health data with companies they trust, announced today that it has raised over $20 million in Series C funding. The round includes participation from Samsung Ventures, CNO Financial Group, Allianz Life Ventures, and Moneta VC, as well as from existing investors BlueRun Ventures, SCOR Life and Health Ventures, and Guardian Life Insurance Company.
The capital will be used to scale new products and services that enable new product design, granular risk stratification, optimize clinical trial recruitment, support population health management, automate patient monitoring, and digitize chronic disease management.
The Next Generation of Health Data Exchange
Human API’s consumer-controlled platform gives users a streamlined means of accessing and sharing their personal health records with physicians, trusted startups and enterprises, and insurers. The platform harnesses a machine learning-powered data pipeline that structures health data into a consistent format, making it easier for medical researchers and scientists to use actionable data more quickly and efficiently while ensuring that patients remain in full control of who their personal data is being shared with.
However, going one step further than just solving the data portability issue, the Human API platform offers users various options to make their data actionable, such as:
– Sharing their information with specific researchers who can put it to good use
– Enlisting to take part in medical trials or pharma trials
– Speeding up insurance processes to less than 24 hours
– Taking part in wellness programs provided by their employers.
“By facilitating these transactions,” explains Sean Duffy, Co-Founder & CEO at Omada Health, “Human API is bringing into being a new consumer health ecosystem driven by consumer-centric health apps and services.”
Appoints New Chief Commercial Officer
To drive forward this period of growth, Human API has brought on Richard Dufty as Chief Commercial Officer. Having spearheaded AppDirect’s growth from early stage startup to Unicorn status in just 4 years, and having led Symantec’s $1B US Consumer and Cloud business, Dufty brings extensive experience launching and growing software ecosystems.
