Picnic Health

Picnic Health

Digitizes and organizes patient medical records

About

PicnicHealth focuses on managing digital health records and supporting medical research. The company collects and digitizes patients' medical records, organizing them into a user-friendly timeline that helps individuals track their health history and share it with healthcare providers. Additionally, users can choose to contribute their anonymized medical data to research initiatives, aiding in the advancement of medical science. Unlike many competitors, PicnicHealth combines personal health management with contributions to research, creating a dual benefit for users and the medical community. The goal is to empower patients in managing their health while facilitating breakthroughs in medicine through data sharing.

Company Stage

Series C

Employees

201-500

Industries

Biotechnology, Healthcare

Total Funding

$104.1M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • Recognition by Newsweek and MedTech Breakthrough as a top health technology company underscores PicnicHealth's industry leadership and innovation.
  • The launch of the Pulse product and AI-driven study portal demonstrates PicnicHealth's commitment to advancing observational research and improving patient outcomes.
  • Strategic partnerships with leading researchers and life sciences companies enhance PicnicHealth's ability to contribute to significant medical breakthroughs.

What critics are saying

  • The competitive landscape of digital health records and medical research is intense, requiring continuous innovation to maintain a competitive edge.
  • Dependence on user subscription fees and research partnerships may pose financial risks if either revenue stream faces challenges.

What makes Picnic Health unique

  • PicnicHealth uniquely combines personal health management with medical research, offering a dual service that benefits both individual patients and the broader medical community.
  • Their AI-driven platform simplifies observational research by directly consenting patients and rapidly accessing their comprehensive medical records, setting them apart from traditional research models.
  • The company's focus on data encryption and patient privacy ensures a high level of trust and security, which is crucial in the healthcare technology sector.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

4%

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