Funding round
Innovaccer Seed
Innovaccer, which works in healthcare data integration and activation in San Francisco, raised $3.0M in a Seed round announced on 13 May 2015. It is Innovaccer's second venture round on record; the one before was a Seed in Jan 2015.
$3.0M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
Innovaccer did not disclose a valuation in this round. It came 4 months after Innovaccer's Seed. It is under 1% of the $644M Innovaccer has raised in the venture rounds on record. Innovaccer raised again 15 months later: a Series A round of $16M in Aug 2016. Its next priced round, a Series D in Feb 2021, valued it at $1.30B.
Innovaccer's funding rounds
Innovaccer has 8 venture rounds on record. This one is highlighted.
- Seed 1 Jan 2015 amount not disclosed
- Seed this round 13 May 2015 $3.0M
- Series A 10 Aug 2016, led by Westbridge Capital Partners $16M
- Series B 10 May 2018, led by WestBridge Capital $25M
- Series C 14 Feb 2020, led by Tiger Global and Steadview Capital $70M
- Series D 24 Feb 2021, led by Tiger Global Management $105M$1.30B post-money
- Series E 15 Dec 2021, led by Mubadala Capital $150M$3.20B post-money
- Series F 9 Jan 2025, led by B Capital $275M$3.45B post-money
Use of proceeds
What the money is for
According to the announcement, the money goes to product development.
- Product development
Comparable rounds
How it compares
339 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.5M, and this round was 2.0 times the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 4 May 2015 | $2.0M | not disclosed | not named |
| Tech Companies | 28 May 2015 | $1.6M | not disclosed | not named |
| Tech Companies | 18 May 2015 | $1.5M | not disclosed | not named |
| Tech Companies | 5 May 2015 | $1.2M | not disclosed | Angel Vest Group and SOSV |
| Tech Companies | 26 May 2015 | $1.1M | not disclosed | not named |
| Tech Companies | 11 May 2015 | $800K | not disclosed | Bloomberg Beta |
| Tech Companies | 19 May 2015 | $676K | not disclosed | HOWZAT Partners and Venrex |
| Tech Companies | 1 May 2015 | $600K | not disclosed | not named |
Questions
Frequently asked
How much did Innovaccer raise in its Seed round?
Innovaccer raised $3.0M in its Seed round, announced in May 2015.
What was Innovaccer's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
339 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.5M, and this round was 2.0 times the median.
Did Innovaccer raise again after this round?
Yes: a Series A round in Aug 2016 of $16M.