Evidation: Raises $153M in Series E Funding

March 22, 2021

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Evidation: Raises $153M in Series E Funding

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Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Evidation Health, a San Mateo, Calif.-based digital health company, closed a $153m Series E growth funding
The round co-led by Omers Growth Equity and Kaiser Permanente Group Trust with participation from existing investors McKesson Ventures and B Capital Group
The company intends to use the funds to accelerate the expansion of virtual health programs on the platform
The company’s platform used by millions of individuals, generating data with speed and scale
To date, Evidation has conducted more than 100 real-world studies across therapeutic areas
In 2020, the company reached the milestone of more than 1 million individuals participating in research and health programs and expects to surpass 2 million later this year