Innovaccer - About the company
Innovaccer is a series F company based in San Francisco (United States), founded in 2014 by Sandeep Gupta, Kanav Hasija, Abhinav Shashank and Sachin Jaiswal. It operates as a Developer of healthcare data platforms and artificial intelligence agent software. Innovaccer has raised $675M in funding from investors like WestBridge Capital, 500 Global and Tiger Global Management, with a current valuation of $3.45B. The company has 1059 active competitors, including 127 funded and 116 that have exited. Its top competitors include companies like IQVIA, Verily and HealthEdge.
Sectors and market segments that Innovaccer operate in
Innovaccer serves in the HealthTech, Life Sciences, Native AI market segments.The primary business model of Innovaccer are:- HealthTech > Healthcare Payer Tech > ***** **** > ***** ******
- HealthTech > Healthcare IT > ***** **** > ***** ******
- HealthTech > Life Sciences Tech > ***** **** > ***** ******
- Life Sciences > Life Sciences Tech > ***** **** > ***** ******
- Native AI > Artificial Intelligence > ***** **** > ***** ******
Company Details
Developer of healthcare data platforms and artificial intelligence agent software. This technology unifies clinical, operational, and financial information from disparate systems to support decision-making. The platform provides tools for population health management, revenue cycle automation, and quality performance tracking. It enables the deployment of automated assistants to streamline administrative workflows, manage patient outreach, and facilitate care coordination across various healthcare settings. The system integrates non-electronic health record data to improve documentation accuracy and support value-based care initiatives.
- Website
- innovaccer.com
- Email ID
- *****@innovaccer.com
- Phone Number
- +1 **********
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Series F
Total Funding
$675M in 9 rounds
Latest Funding Round
Post Money Valuation
$3.45B as on Jan 09, 2025
Investors
Ranked
3rd among 1059 active competitors
Employee Count
1,201 as on Apr 30, 2026
Investment & Acquisitions
Legal entities associated with Innovaccer
Innovaccer is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INNOVACCER INC CIN: 300839073 , United States, Active | Dec 31, 1999 | - | 194 (As on Dec 31, 2024) | - |
MSA GEN CONSTRUCTION CORP CIN: 5586953 , United States, Active | Jul 15, 2019 | - | - | - |
INNOVACCER ANALYTICS PRIVATE LIMITED CIN: U74140UP2013PTC202874 , India, Active | Nov 19, 2013 | $45.9M (As on Mar 31, 2025) | 1201 (As on Apr 30, 2026) |
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Innovaccer's funding and investors
Innovaccer has raised a total funding of $675M over 9 rounds. Its first funding round was on Jan 27, 2015. Its latest funding round was a Series F round on Jan 09, 2025 for $179M. 6 investors participated in its latest round. Innovaccer has 30 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Innovaccer:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 09, 2025 | $179M | Series F | $3.45B | - | - | |
Dec 14, 2021 | $150M | Series E | $3.2B | - | ||
Feb 04, 2021 | $105M | Series D | $400M | - |
View details of Innovaccer's funding rounds and investors
Innovaccer's founders and board of directors
Founder? Claim ProfileThe founders of Innovaccer are Sandeep Gupta, Kanav Hasija, Abhinav Shashank and Sachin Jaiswal. Abhinav Shashank is the CEO of Innovaccer.
Here are the details of Innovaccer's key team members:
- Sandeep Gupta: Co-Founder, COO & President of Innovaccer and founder of 2 other companies, Innovaccer and innovaccre.com. They are also an angel investor in 8 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Kanav Hasija: Co-Founder of Innovaccer and founder of 2 other companies, MeltPlan and Innovaccer. They are also an angel investor in 4 startups and serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
- Abhinav Shashank: Co-Founder & CEO of Innovaccer and founder of 2 other companies, Z21 Ventures and Innovaccer. They are also an angel investor in 3 startups and serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
- Sachin Jaiswal: Former Co-Founder of Innovaccer and founder of 2 other companies, Kim.cc and Niki. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 2 email addresses
Innovaccer's Board of Directors
Innovaccer's board has 5 active members. Sandeep Gupta, Kanav Hasija, Abhinav Shashank, Ankit Maheshwari and Naveen Kumar Gupta are part of team.Here is the list of Innovaccer's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 1m | |
Team | - | Current | 11y 1m | |
Team | - | Current | 11y 1m | |
Team | - | Current | 6y 8m | |
Team | - | Past | 0y 3m |
View details of Innovaccer's Founder profiles and Board Members
Innovaccer's employee count trend
Innovaccer has 1,201 employees as of Apr 26. The total employee count is 6.0% more than what it was in Apr 25. Here is Innovaccer's employee count trend over the years:
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Innovaccer's Competitors and alternates
Top competitors of Innovaccer include IQVIA, Verily and HealthEdge. Here is the list of Top 10 competitors of Innovaccer, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IQVIA 1982, Durham (United States), Public | Provider of clinical research and commercialization solutions for healthcare | $1.74M | 80/100 | |
2nd | Verily 2015, Dallas (United States), Series D | Developer of precision health platforms and solutions using artificial intelligence | $2.8B | 79/100 | |
3rd | Innovaccer 2014, San Francisco (United States), Series F | Developer of healthcare data platforms and artificial intelligence agent software | $675M | 78/100 | |
4th | HealthEdge 2004, Burlington (United States), Acquired | Provider of a suite solutions for healthcare payer | $108M | 78/100 | |
5th | Veeva Systems 2007, Pleasanton (United States), Public | Cloud-based administrative data management solution for the healthcare sector | $4M | 77/100 | |
6th | IKS Health 2006, Navi Mumbai (India), Public | Provider of healthcare technology and services for revenue cycle management and clinical support | $9.35M | 74/100 | |
7th | WellSky 1980, Overland Park (United States), Acquired | Provider of a health care management platform for providers and patients | $1.66M | 73/100 | |
8th | NextGen Healthcare Information Systems 1974, Horsham (United States), Acquired | Cloud-based electronic health record and practice management solutions | - | 73/100 | |
9th | Health Catalyst 2008, Salt Lake City (United States), Public | Cloud based platform offering data analytics solutions for healthcare organizations | $392M | 73/100 | |
10th | Manifold AI 2016, Oakland (United States), Series B | Provider of an AI platform for life sciences research and development | $40M | 73/100 |
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Innovaccer's Investments and acquisitions
Innovaccer has not made any investments yet. Innovaccer has made 5 acquisitions.Here is the list of latest three $acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 21, 2026 | Acquisition | 1997 | Jersey City (United States) | |
Sep 16, 2025 | Acquisition | 2020 | Cupertino (United States) | |
Jan 21, 2025 | Acquisition | 2019 | Chicago (United States) |
See all acquisitions by Innovaccer
News related to Innovaccer
Media has covered Innovaccer for a total of 41 events in the last 1 year, 14 of them have been about company updates and 14 about partnerships.
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Innovaccer Acquires CaduceusHealth to Make Revenue Cycle AutonomousThe Joplin Globe•May 21, 2026•CaduceusHealth, Innovaccer
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Innovaccer Launches Galaxy UM to Transform Utilization Management with AI-Powered AutomationBusiness Wire•Mar 23, 2026•Innovaccer
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Innovaccer Launches Flow Capture for Autonomous AI Medical CodingHIT Consultant•Mar 09, 2026•Innovaccer
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