Flatiron Health Raises $175M in Series B

Flatiron Health has successfully raised $175M in a Series B at a $1.2B valuation led by Roche, Google Ventures.

Company Overview

Flatiron Health is a HealthTech company headquartered in New York, NY, founded in 2012 with 800+ employees.

Oncology data and software platform

Fundraising Details

Amount Raised: $175M
Round Type: Series B
Valuation: $1.2B
Date: 2016-05-03
Investors: Roche, Google Ventures

About Flatiron Health

Oncology data and software platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: New York, NY
Founded: 2012
Team Size: 800+
Industry: HealthTech

What This Means

This funding round demonstrates strong investor confidence in Flatiron Health's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Flatiron Health's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1.2B valuation marks an important milestone for Flatiron Health, positioning the company among notable players in the HealthTech industry.

Looking Ahead

With this new capital, Flatiron Health is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2016-05-03. For more information about Flatiron Health, visit their headquarters at New York, NY.