Funding · Healthcare & Life Sciences

Innovaccer raises $275M in Series F funding

By Startup Enthusiast · 13 August 2026

What they do

Innovaccer builds a data platform that unifies patient records for healthcare providers

The company raised $275 million in Series F funding at a $3.2 billion valuation

The round signals strong investor confidence in AI-driven healthcare analytics

Innovaccer has raised $275 million in a Series F funding round.
The round values the company at $3.2 billion.
The funding was led by B Capital Group and Tiger Global Management.
Existing investors Steadview Capital and Dragoneer Investment Group also participated.
The company plans to use the funds to expand its AI capabilities and global reach.
Innovaccer will also invest in product development and sales teams.

The healthcare data analytics market is growing rapidly as providers seek to improve patient outcomes.
Innovaccer's platform helps hospitals reduce costs and streamline operations.
The company has more than 1,000 healthcare provider customers in the US.
It competes with firms like Health Catalyst and Palantir in the healthcare analytics space.

Innovaccer provides a healthcare data analytics platform that unifies patient data from multiple sources.
Its platform uses artificial intelligence to generate insights for clinical and operational decisions.
Customers include hospitals, health systems, and physician groups across the United States.
The company makes money through subscription fees for its software-as-a-service platform.
Innovaccer claims its platform has helped clients save over $1 billion in healthcare costs.

B Capital Group (lead) — A global investment firm focused on technology and healthcare.
Tiger Global Management (lead) — A hedge fund known for investing in technology companies.
Steadview Capital (participated) — An existing investor in Innovaccer.
Dragoneer Investment Group (participated) — An existing investor in Innovaccer.

Product: healthcare data and analytics platform that helps hospitals, health systems and insurers unify clinical, financial and operational data
Customers: Hospitals, health systems, and health insurers that buy software to unify data and automate care workflows
How it makes money: Subscription software and platform services for healthcare organizations
What sets it apart: Best-in-KLAS recognition across multiple categories and a broad healthcare data platform