Health Data Platform Announces $30 Million in New Funding
Evidation Health, a health and measurement company that helps life sciences and health care companies understand how everyday behaviors and health interact, raised $30 million in a Series C funding round co-led by new investor SV Health Investors and existing investor B Capital Group. The round included participation from existing investors GE Ventures and Sanofi Ventures. With this funding, Evidation has raised a total of $61 million.
The company also launched a new data platform designed to enable its customers to analyze and process large-scale sensor and behavior data in clinically meaningful ways. According to the company, the new data platform—which was tested in a pilot program with a global pharmaceutical company—can ingest individually-permissioned data from 100 sources including Apple Health, Fitbit, Epic, Blue Button, and Dexcom.
By linking real world data from smartphones and connected sensors—including wearables and medical devices—with traditional medical data, Evidation’s goal is to measure how behaviors outside of the doctor’s office or hospital relate to health and impact outcomes.