Truveta

Truveta

Healthcare data platform for research analytics

About Truveta

Simplify's Rating
Why Truveta is rated
A+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A+ on Differentiation

Industries

Data & Analytics

Biotechnology

Healthcare

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$515M

Headquarters

Seattle, Washington

Founded

2020

Overview

Truveta provides a platform that allows researchers in the healthcare and life science sectors to access and analyze patient data. This platform, known as Truveta Studio, offers immediate and compliant access to patient-level data, which is sourced from over 30 health systems and represents more than 18% of daily clinical care in the US. The data is updated daily and includes information from over 100 million patients across all 50 states, collected from more than 800 hospitals and 20,000 clinics. Truveta Studio is designed to simplify the data access process, making it cost-effective for researchers by charging them only for the data and analytics they use. This approach sets Truveta apart from competitors who may have more cumbersome access methods and higher pricing structures. The goal of Truveta is to enhance patient care and support medical research by providing valuable insights into various healthcare issues.

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Simplify's Take

What believers are saying

  • Truveta's $320M funding round elevates its valuation to unicorn status.
  • Partnerships with Regeneron and Illumina enhance Truveta's genomic research capabilities.
  • The rise of precision medicine increases demand for Truveta's comprehensive genomic databases.

What critics are saying

  • Data privacy concerns may arise as Truveta expands its genomic database.
  • Reliance on Microsoft Azure poses risks if service disruptions occur.
  • Logistical challenges in sequencing 10 million exomes may delay the Genome Project.

What makes Truveta unique

  • Truveta provides real-time access to data from over 100 million patients.
  • Truveta Studio offers cost-effective, compliant access to patient-level data and analytics.
  • The Truveta Genome Project aims to create the largest genomic dataset for personalized medicine.

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Funding

Total Funding

$515M

Above

Industry Average

Funded Over

2 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Competitive Compensation

Comprehensive Benefits

401(k)

Professional Development

Work/Life Autonomy

Flexible Time Off

Generous Parental Leave

Team Activities

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

2%
Truveta
May 6th, 2025
Top 5 takeaways from Truveta Symposium 2025

This week Truveta Inc. gathered with leaders across healthcare, public health, and life sciences at the 3rd annual Truveta Symposium.

GeekWire
Mar 14th, 2025
Geekwire Awards: Key Acquisitions And Big Funding Rounds Lead Deal Of The Year Category

Coverage of the 2025 GeekWire Awards, presented by Astound Business Solutions , the PNW’s annual startup and technology awards.The finalists for Deal of the Year at the 2025 GeekWire Awards.Three major acquisitions and two significant funding rounds make up the transactions featured in the Deal of the Year category at the 2025 GeekWire Awards.The award, presented by Wilson Sonsini, is aimed at recognizing deals that had a significant impact on emerging Pacific Northwest companies. The finalists include Jama Software, Lexion, Smartsheet, Stoke Space and Truveta.Seattle startup Rhythms was the Deal of the Year winner last year after raising a $26 million seed round for its platform that connects to various systems inside a company and uses AI to analyze a company’s “rhythms,” or habits and patterns — monthly business reviews, quarterly retrospectives, weekly cross-functional meetings, etc.Continue reading for details on each of this year’s finalists, and vote here or below.Jama Software LogoJama Software, makers of a product development platform, agreed to be acquired by technology investment firm Francisco Partners in a $1.2 billion deal in March 2024. Tim Porter, a managing director at Madrona, which first invested in Jama in 2013, called the deal “one of the largest software exits for Portland.”Lexion was acquired by Docusign for $165 million last May in a successful exit for the company which got its start in 2018 after co-founders Gaurav Oberoi (CEO), Emad Elwany (CTO), and James Baird (principal architect) met at the Allen Institute for AI in Seattle. Lexion, makers of AI-powered contract management technology raised about $36 million since its founding.Smartsheet went private again after the Bellevue, Wash.-based enterprise software giant completed an $8.4 billion acquisition by Blackstone and Vista Equity Partners in January. The company, which launched in 2005 and went public in 2018, makes cloud-based enterprise work management technologies for managing and tracking projects, collaborating, storing data, and automating and assigning tasks, among other capabilities. It serves 85% of the Fortune 500 as customers.Stoke Space raised $260 million in a new founding round announced in January to finish the development of its fully reusable Nova rocket and complete construction of a launch complex in Florida

GeekWire
Mar 10th, 2025
Next Tech Titan: Echodyne, Pulumi, Read Ai, Statsig And Truveta In Line For Geekwire Award

GeekWire’s startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter , and check out the GeekWire funding tracker and venture capital directory .The path from successful startup to big deal in the tech industry can be foreshadowed with one key prize at the GeekWire Awards: Next Tech Titan.Five startups will be vying for the title in this category — which is presented by Baird — at our annual event next month. They are: Echodyne, Pulumi, Read AI, Statsig and Truveta.The GeekWire Awards recognize the top innovators and companies in Pacific Northwest technology. Finalists in this category and others were selected based on community nominations, along with input from GeekWire Awards judges. Community voting across all categories will continue until March 23, combined with feedback from judges to determine the winner in each category.We'll announce the winners on April 30 at the GeekWire Awards, presented by Astound Business Solutions. There are a limited number of half-table and full-table sponsorships available to attend the event

GeekWire
Feb 20th, 2025
Geekwire 200 Update: Here Are The Hot Tech Startups Moving Up Our List For Q1 2025

The latest update to the GeekWire 200 reveals which companies are growing quickly and making moves up our list of top-ranked Pacific Northwest tech startups.Sales software company Highspot (No. 1) retains the top spot on the GeekWire 200 after reaching the pinnacle last quarter.But there’s a new No. 2, with Helion jumping six spots thanks to a massive $425 million funding round announced last month. The Everett, Wash.-based fusion company is backed by OpenAI CEO Sam Altman and has a deal with Microsoft as it chases the “Holy Grail” of clean energy.Other companies rising in the top 10 include:Health data startup Truveta (No. 7), which just raised $320 million.Developer testing platform Statsig (No. 9), which had an “epic Q4,” according to its CEO.(No

Stat News
Jan 13th, 2025
Truveta enlists health systems, drugmakers to launch ambitious new genomic database

Health data company Truveta said Monday it's partnering with health systems and drugmakers to launch the Truveta Genome Project, a database of genetic data that is expected to accelerate personalized medicine and help discover new drugs.

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