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Health Systems-Backed Truveta Closes $95M To Fund Its Data Analysis Platform
Truveta, the data startup jointly backed by a cadre of major providers, has announced three new health system members and the close of a $95 million series A funding round. Truveta is governed by its health system members, which have said that any earnings they receive from their stake in the startup would be reinvested in their surrounding communities.
As for the $95 million invested by the members, Truveta said the money would be used to hire technologists and health data experts. It also will be using the funds to cover infrastructure and cloud computing costs it will incur while building the data platform.
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