Evidation Health

Evidation Health

Utilizes person-generated health data for insights

About Evidation Health

Simplify's Rating
Why Evidation Health is rated
B+
Rated C on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consumer Software

Healthcare

Company Size

51-200

Company Stage

Series E

Total Funding

$249.7M

Headquarters

San Mateo, California

Founded

2012

Overview

Evidation Health focuses on enhancing health outcomes by utilizing person-generated health data (PGHD), which includes information from daily activities such as exercise, diet, and sleep collected through digital devices and apps. The company aims to provide a detailed view of an individual's health journey, allowing for more personalized and proactive healthcare. Evidation collaborates with healthcare providers, researchers, and organizations to conduct research and develop tailored health programs. Their business model is based on a consent-per-use approach, giving individuals control over their health data, which they can share with third parties for research purposes. This model allows Evidation to partner with organizations that pay for access to valuable health insights, helping them improve health outcomes. With millions of users contributing to health studies, Evidation empowers individuals to engage in health research and monitor their health effectively.

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Simplify's Take

What believers are saying

  • Evidation's MigraineSmart app leverages wearable data for personalized migraine management.
  • Partnership with Duke University enhances diversity in digital health research.
  • Growing demand for personalized health insights supports Evidation's business model.

What critics are saying

  • Increased competition in digital health could impact Evidation's market share.
  • Evolving wearable tech requires Evidation to continuously update its platform.
  • Consumer demand for data privacy challenges Evidation's consent-per-use model.

What makes Evidation Health unique

  • Evidation uses person-generated health data for personalized healthcare insights.
  • The company ensures user control over data with a consent-per-use model.
  • Evidation collaborates with healthcare leaders for research beyond clinical settings.

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Funding

Total Funding

$249.7M

Meets

Industry Average

Funded Over

6 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Above Average

Industry standards

$100M
$245M
Stripe
$250M
Reddit
$1250M
Epic Games
$1500M
Airbnb

Benefits

Competitive salary + performance bonus + equity

Medical, dental, & vision benefits

Wellness + wearable device reimbursements

Mental health benefits

Wellness programs

PTO

Flexible work hours

Apple laptop + monitor + noise cancelling headphones

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

2%
Fierce Biotech
Mar 6th, 2025
Evidation elevates COO to CEO, partners with AHA

Evidation has promoted its president and chief operating officer, Leslie Oley Wilberforce, to be its next CEO, as the real-world health data company forms new partnerships for its research platform.

PRWeb
Sep 17th, 2024
Trialbee and Evidation Partner to Accelerate and Diversify Clinical Research Recruitment

MALMO, Sweden and SAN FRANCISCO, Sept. 17, 2024 /PRNewswire-PRWeb/ - Trialbee, the global leader in technology-driven patient recruitment for clinical trials, is proud to partner with Evidation, the company creating new ways to measure and improve health in everyday life, with its suite of direct-to-participant health research solutions.

Hit Consultant
Jul 15th, 2024
The Consumer Voice In Weight Care: Rock Health Survey Series Reveals Preferences And Challenges

What You Should Know:– The obesity epidemic continues to be a major public health concern, with projections suggesting half of all Americans will struggle with weight issues by 2025. While discussions about weight management solutions often focus on healthcare providers and pharmaceutical companies, a new survey series sheds light on the experiences and preferences of consumers directly engaged in weight care.– The 2024 Rock Health Weight Care Experience Survey Series aimed to understand the weight loss journeys of overweight and obese adults in the United States. Partnering with Evidation, a platform connecting millions of individuals, the survey series engaged over ten thousand participants across eight months.Key Areas of Exploration:Weight Loss Approaches: How are consumers managing their weight?How are consumers managing their weight? Treatment Preferences: What are the preferred methods for accessing weight loss programs?What are the preferred methods for accessing weight loss programs? GLP-1 Perceptions: What are the main barriers to using GLP-1 injectable medications?What are the main barriers to using GLP-1 injectable medications? Combining Strategies: Are consumers open to combining different weight loss approaches?Are consumers open to combining different weight loss approaches? Desired Support Systems: What kind of support do consumers seek most in weight management?Longitudinal Approach Captures Real User ExperiencesThe survey series employed a longitudinal design, meaning participants were surveyed at multiple points in their weight management journey. This allowed researchers to capture changes in behaviors and activities over time.Survey Methodology Breakdown:Three surveys were deployed between October 2023 and May 2024:Survey 1: Focused on weight history, goals, and past weight loss methods (150,031 participants).Focused on weight history, goals, and past weight loss methods (150,031 participants). Survey 2: Targeted individuals with a history of overweight/obesity and weight loss attempts (31,312 respondents). Explored challenges, care preferences, and in-depth insights into GLP-1s and virtual coaching.Targeted individuals with a history of overweight/obesity and weight loss attempts (31,312 respondents)

Tech Times
Jun 21st, 2024
MigraineSmart: Evidation Launches New App Program for Migraine Sufferers

MigraineSmart: Evidation launches new app program for migraine sufferers.

Wareable
Jun 20th, 2024
MigraineSmart uses wearables data to help migraine sufferers

Health research and rewards company Evidation has launched a new service that uses wearables data to enable migraine sufferers to track their symptoms.

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