Abacus Insights Raises $28M in Series C Financing

USA – Abacus Insights, a Boston, MA-based provider of data management and interoperability solutions for healthcare payors, raised $28m in Series C funding.

The round, which brought brings total venture backing to $81m, was led by new investor MultiPlan Corporation (NYSE:MPLN), which was joined by returning investors Blue Venture Fund, CRV, .406 Ventures, Horizon Healthcare Services Inc., and Echo Health Ventures. The company intends to use the funds to continue o scale the business, accelerate the capabilities and connections of its technology platform, and add to its roster of technology talent.Led by Dr. Minal Patel, founder and CEO, Abacus Insights provides a technology platform that enables healthcare payors to achieve and accelerate initiatives across their core priority areas, including value-based care, member engagement and digital transformation. Today, the company with its health plan clients manage data for more than 21 million unique members and 15 million consumers. 16/06/2022