Tech Company Financing Transactions

Abacus Insights Funding Round

MultiPlan Corporation, .406 Ventures and Blue Venture Funds participated in a $28 million Series C capital raise for Abacus Insights. The round was announced on 6/16/2022.

Transaction Overview

Company Name
Announced On
6/16/2022
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Series C
Proceeds Purpose
This funds will be used to scale the business, accelerate the capabilities and connections of its technology platform, and add to its roster of technology talent. The financing brings the Boston-based company's total venture backing to $81 million.

Company Information

Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
347 West 36th St. 1100
New York, NY 10018
USA
Phone
Undisclosed
Email Address
Overview
Abacus Insights is the first healthcare specific data integration platform allowing health insurance companies to unlock the value of their data to improve the lives of the members they serve. Abacus solves healthcare's biggest challenges: improving patient experiences, improving the health of populations and reducing the cost of care.
Profile
Abacus Insights LinkedIn Company Profile
Social Media
Abacus Insights Company Twitter Account
Company News
Abacus Insights News
Facebook
Abacus Insights on Facebook
YouTube
Abacus Insights on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Minal Patel
  Minal Patel LinkedIn Profile  Minal Patel Twitter Account  Minal Patel News  Minal Patel on Facebook
Chief Financial Officer
Larry Begley
  Larry Begley LinkedIn Profile  Larry Begley Twitter Account  Larry Begley News  Larry Begley on Facebook
Chief Information Officer
William Brown
  William Brown LinkedIn Profile  William Brown Twitter Account  William Brown News  William Brown on Facebook
VP - Client Services
Gokul Varadharaj
  Gokul Varadharaj LinkedIn Profile  Gokul Varadharaj Twitter Account  Gokul Varadharaj News  Gokul Varadharaj on Facebook
VP - Engineering
Douglas Bachelor
  Douglas Bachelor LinkedIn Profile  Douglas Bachelor Twitter Account  Douglas Bachelor News  Douglas Bachelor on Facebook
VP - Engineering
Jeffrey Cratty
  Jeffrey Cratty LinkedIn Profile  Jeffrey Cratty Twitter Account  Jeffrey Cratty News  Jeffrey Cratty on Facebook
VP - Human Resources
Jaclyn Steele
  Jaclyn Steele LinkedIn Profile  Jaclyn Steele Twitter Account  Jaclyn Steele News  Jaclyn Steele on Facebook


 

 

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Prev: 6/16/2022: Corvus Robotics venture capital transaction
Next: 6/17/2022: Rohlik venture capital transaction

 

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