Truveta

Truveta

Healthcare data platform for research analytics

About

Truveta provides a platform that allows researchers to access and analyze patient data to enhance patient care and study the safety and effectiveness of treatments. The platform, known as Truveta Studio, offers immediate and compliant access to patient-level data sourced from over 30 health systems, covering more than 100 million patients across the United States. This data is updated daily and includes information from over 800 hospitals and 20,000 clinics. Truveta Studio is designed to simplify data access and reduce costs, allowing users to pay only for the data and analytics they utilize. Unlike many competitors, Truveta focuses on providing a cost-effective solution that addresses the common challenges of data access in healthcare research. The company's goal is to empower researchers in the healthcare and life sciences sectors to gain valuable insights that can lead to improved patient outcomes.

Company Stage

N/A

Employees

201-500

Industries

AI & Machine Learning, Biotechnology, Healthcare

Total Funding

$189.7M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • Truveta's partnerships with leading organizations like Panalgo and Moderna enhance its credibility and expand its influence in the healthcare data analytics market.
  • The launch of specialized datasets, such as the mother-child EHR dataset, demonstrates Truveta's commitment to addressing specific healthcare research needs, potentially leading to groundbreaking discoveries.
  • The appointment of high-profile board members like Rod Hochman and Patrick Caubel signals strong leadership and strategic direction, which can drive the company's growth and innovation.

What critics are saying

  • The highly competitive healthcare data market requires Truveta to continuously innovate to maintain its edge over established players.
  • The complexity of integrating and maintaining such a vast and diverse dataset could lead to operational challenges and potential data quality issues.

What makes Truveta unique

  • Truveta's platform offers real-time, regulatory-grade EHR data from over 100 million patients, providing a comprehensive and timely dataset that is unmatched in the industry.
  • The company's focus on integrating complex clinical concepts and de-identified medical images with EHR data sets it apart from competitors who may not offer such detailed and diverse data.
  • Truveta's cost-effective, pay-as-you-go model for accessing scientifically rigorous analytics makes it an attractive option for researchers compared to more expensive, less transparent alternatives.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

13%

2 year growth

31%

Benefits

Competitive Compensation

Comprehensive Benefits

401(k)

Professional Development

Work/Life Autonomy

Flexible Time Off

Generous Parental Leave

Team Activities

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