Datavant dials corporates for $40m series B

Oct 14, 2020 • Callum Cyrus

Roivant Sciences, Cigna Ventures and Johnson & Johnson Innovation – JJDC helped push the healthcare data exchange's overall funding to $83m.

US-based medical data exchange technology developer Datavant has received $40m in series B funding from investors including corporates Roivant Sciences, Johnson & Johnson and Cigna.

Transformation Capital led the round, which included Flex Capital along with biopharmaceutical holding company Roivant Sciences, healthcare product supplier Johnson & Johnson and health insurer Cigna, through Johnson & Johnson Innovation – JJDC and Cigna Ventures respectively.

Founded in 2017, Datavant has built a healthcare data exchange enabling clinical trial centres to compare their study…

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