Originally published by Mobi Health News on July 15, 2022
Data exchange platform Particle Health announced this week it had raised $25 million in funding, about two years after a $12 million Series A round.
The startup said the raise brings its total funding pot to $39.3 million. The round was led by Canvas Ventures with participation from Menlo Ventures, Story Ventures and Pruven Capital.
Particle offers an API platform that aggregates and standardizes patient medical record data for provider organizations, pharmacies and virtual care companies.
"Particle Health was founded with the mission to dramatically change lives through access to vital medical data. Since day one, we’ve established ourselves as an industry leader that standardizes records, identifies key pieces of information, and focuses on patient attributes that lead to more clinically relevant decision making," CEO and cofounder Troy Bannister said in a statement.
"With this latest round of funding, our team is looking forward to evolving the capabilities of our API platform further to empower our users with even more meaningful and actionable data."