Tech Company Financing Transactions
Aetion Funding Round
Aetion, based in New York, secured $110 million from Warburg Pincus, B Capital Group and Flare Capital Partners.
Transaction Overview
Company Name
Announced On
5/12/2021
Transaction Type
Venture Equity
Amount
$110,000,000
Round
Series C
Investors
Warburg Pincus (Lead Investor)
Flare Capital Partners (William Geary)
New Enterprise Associates (Mohamad Makhzoumi)
Proceeds Purpose
The company will use the new funds to extend the capabilities of its Aetion Evidence Platform, expand its European and Asian-Pacific presence, and grow its commercial team.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
5 Penn Plaza 7th Floor
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Website
Email Address
Overview
Aetion was founded in 2013 by Harvard Medical School faculty members Sebastian Schneeweiss and Jeremy A. Rassen and big data technologist Allon Rauer. We were founded on a simple truth: the need for essential evidence to support value-based healthcare was scaling far faster than existing mechanisms could generate it.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Carolyn Magill
Chief Financial Officer
TC Fleming
Chief Marketing Officer
Elizabeth DeMatteis
Chief Scientific Officer
Jeremy Rassen
Chief Technical Officer
John Turek
Co-Founder
Sebastian Schneeweiss
Vice President
Julie Schiffman
VP - Bus. Development
Richard Jenkins
VP - General Counsel
Lori Bennett
VP - Human Resources
David Vavrasek
VP - R & D
Nicolle Gatto
VP - Regulatory Affairs
Lowell Schiller
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We do our best to record every notable VC transaction. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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