The medical data aggregator increased its overall funding from $95m to $200m and has secured three new health system patners.

US-based medical data aggregator Truveta announced this week it has raised a total of $200m in funding and added healthcare providers Ochsner Health, Saint Luke’s Health System and UnityPoint Health to its backers.

Founded in 2020, Truveta has built a software platform that aggregates de-identified medical data from its member healthcare providers to gain insights and accelerate medical research. The funding coincides withits first application of its platform for real world insights, in this case with covid-19 data.

The company secured $95m in a July 2021 series A round featuring founding members AdventHealth, Advocate Aurora Health, Baptist Health of Northeast Florida, Bon Secours Mercy Health, CommonSpirit Health, Hawaii Pacific Health, Henry Ford Health System, Memorial Hermann Health System, Novant Health, Providence, Sentara Health and Trinity Health.

The health systems were joined in the July round by counterparts Baylor Scott & White Health, MedStar Health and Texas Health Resources. Truveta has not however confirmed whether the latest three are among its investors.

Terry Myerson, chief executive of Truveta, said: “Most of the decisions made for covid-19 have relied on outdated data from other countries not reflective of the diversity of the US. Death and hospitalisation rates reflect this failure.

“With the moral imperative to address this significant gap, Truveta was born from innovative health systems who came together to deliver an unprecedented national dataset for US health.”

Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.