Healthtech platform Innovaccer raises $150 mn at $3.2-bn valuation

Company announces new Innovation Accelerators to help customers tackle the most common and high-impact clinical, operational, and financial use cases

Healthcare SaaS start-up Innovaccer has raised a $150 million Series E round at a $3.2 billion valuation which brings the total capital raised by the company to over $375 million.

The San Francisco-based company plans to use its new funding to invest in R&D and recruit new hires as it rapidly scales its customer experience, product, and engineering talent.

The round was led by Mubadala Capital, with participation from existing investors B Capital Group, Microsoft’s M12 fund, OMERS Growth Equity, Dragoneer, Steadview Capital, Tiger Global Management, and new investors Whale Rock Capital Management, Avidity Partners, and Schonfeld Strategic Advisors. 

Founded in 2014, Innovaccer