Funding round
Truveta Series C
Truveta, which works in electronic health record data distribution in Bellevue, raised $320M in a Series C round announced on 13 Jan 2025, at a $1.00B post-money valuation. 11 firms took part. It is Truveta's second venture round on record; the one before was a Series A in Jul 2021.
$320M
Amount raised
$1.00B
Post-money valuation
$680M pre-money
11
Investors
no lead named
32%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Truveta at $1.00B after the new money. The $320M bought investors about 32% of the company. It came 42 months after Truveta's Series A. It is 77% of the $415M Truveta has raised in the venture rounds on record. No later venture round is on record for Truveta.
Truveta's funding rounds
Truveta has 2 venture rounds on record. This one is highlighted.
- Series A 13 Jul 2021 $95M
- Series C this round 13 Jan 2025 $320M$1.00B post-money
Investors
Who put money in
11 firms took part; no lead investor was named.
Investors
- Regeneron new investor
- backs 38 venture-backed companies new investor
- Providence Health & Services new investor
- backs 24 venture-backed companies new investor
- Advocate Health new investor
- CommonSpirit Health new investor
- Henry Ford Health new investor
- Northwell Health new investor
- backs 10 venture-backed companies new investor
- 17 health systems new investor
- Regeneron Pharmaceuticals new investor
Comparable rounds
How it compares
264 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $55M, and this round was 5.8 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| ElevenLabs Tech Companies | 30 Jan 2025 | $180M | $3.30B | Andreessen Horowitz and ICONIQ Growth |
| Tech Companies | 1 Jan 2025 | $70M | not disclosed | Avra |
| Tech Companies | 21 Jan 2025 | $69M | not disclosed | Decarbonization Partners |
| Tech Companies | 22 Jan 2025 | $60M | not disclosed | Greenfield Partners |
| Tech Companies | 30 Jan 2025 | $60M | $525M | Transformation Capital |
| Tech Companies | 3 Jan 2025 | $55M | $500M | not named |
| Tech Companies | 22 Jan 2025 | $50M | not disclosed | Lakestar |
| Tech Companies | 28 Jan 2025 | $45M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Truveta raise in its Series C round?
Truveta raised $320M in its Series C round, announced in Jan 2025.
Which investors took part in Truveta's Series C round?
Regeneron, Illumina Ventures, Providence Health & Services, Trinity Capital, Advocate Health and CommonSpirit Health and 5 more.
What was Truveta's valuation at the Series C round?
$1.00B post-money ($680M pre-money).
How does it compare with other Series C rounds in Tech Companies?
264 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $55M, and this round was 5.8 times the median.