Verana Health

Verana Health

Provides regulatory-grade clinical data for research

About Verana Health

Simplify's Rating
Why Verana Health is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

AI & Machine Learning

Healthcare

Company Size

51-200

Company Stage

Series E

Total Funding

$288.8M

Headquarters

San Francisco, California

Founded

2018

Overview

Verana Health builds and analyzes large-scale clinical databases by partnering with medical associations to create regulatory-grade data platforms. These platforms collect and harmonize real-world clinical data to generate medical evidence and actionable insights for physicians and life science companies. The company’s products work by aggregating regulated clinical data, applying big data analytics and AI to derive insights that help identify trial patients, accelerate research, and deepen understanding of the patient experience. Unlike competitors, Verana Health emphasizes collaboration with medical associations to produce regulatory-grade datasets and insights tailored for both providers and life sciences clients. Its goal is to improve patient outcomes and speed up evidence generation by providing reliable data-driven insights through governance-enabled data platforms.

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Simplify's Take

What believers are saying

  • $150M Series E from JJDC and Novo Growth fuels NLP expansion in 2026.
  • COTA merger adds 10M oncology patients from 30 academic centers.
  • AI agent Claire automates MIPS reporting, expanding to life sciences SaaS.

What critics are saying

  • Flatiron Health locks pharma contracts with superior oncology datasets immediately.
  • Tempus AI's multi-omics platform captures Big Pharma clients within 12 months.
  • Open-source LLMs commoditize VeraQ, slashing client costs by 50% in 18 months.

What makes Verana Health unique

  • Verana Health exclusively manages data from 20,000 providers via medical society partnerships.
  • VeraQ engine powers half-billion point-of-care encounters with AI integrity loops.
  • Qdata delivers regulatory-grade datasets in ophthalmology, urology, and oncology.

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Funding

Total Funding

$288.8M

Meets

Industry Average

Funded Over

5 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
$1.3B
Epic Games
$1.5B
Airbnb

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Parental Leave

Unlimited Paid Time Off

Professional Development Budget

Mental Health Support

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-1%

2 year growth

-1%
PR Newswire
Mar 10th, 2026
Verana Health expands IRIS Registry with ophthalmic imaging consortium to advance eye disease research

Verana Health has established an Imaging Consortium with leading academic medical centres to integrate ophthalmic images into its real-world data registry. The initiative expands the IRIS Registry Analytics Consortium, founded in 2017, which provides access to data from over 87 million de-identified patients across 12 years. The consortium will incorporate imaging modalities such as Optical Coherence Tomography and fundus photography, essential for diagnosing conditions like diabetic retinopathy, glaucoma and macular degeneration. These images provide detailed, non-invasive views of retinal structures crucial for disease detection and monitoring. Verana Health combines artificial intelligence with physician expertise to analyse ophthalmic images and curate electronic health record data. The company aims to support life sciences companies and clinicians in improving research operations and patient outcomes through enhanced real-world evidence generation.

PR Newswire
Feb 19th, 2026
Verana Health launches end-to-end urologic-oncology datasets for bladder and prostate cancer research

Verana Health has introduced new urologic-oncology datasets for bladder and prostate cancer research, offering comprehensive longitudinal insights into patient journeys across multiple care settings. The datasets combine data from urology, radiation oncology and medical oncology practices, addressing gaps created when patients transition between specialties. The datasets are powered by Verana Health's recent merger with COTA, which expanded access to over 30 academic medical centres and 10 million oncology patients. The company uses AI and large language models to transform unstructured electronic health record data into research-ready datasets. The bladder cancer dataset includes critical elements like T-stage, tumour focality and grade. The prostate cancer dataset tracks disease evolution through hormone-sensitive, hormone-resistant and metastatic stages. The announcement coincides with the ASCO Genitourinary Cancers Symposium in San Francisco.

HIT Consultant
Jan 8th, 2026
Verana Health Acquires COTA to Build Multi-Specialty RWD Powerhouse

Verana Health®, a digital health company dedicated to revolutionizing patient care and clinical research through real-world data (RWD), has announced the merger with COTA Healthcare®.

ai-jobs.net
Apr 9th, 2025
Verana Health Secures $150M Series E Funding

Verana Health, a digital health company, secured a $150 million Series E funding round led by Johnson & Johnson Innovation – JJDC, Inc. and Novo Growth. Existing investors GV, Casdin Capital, and Brook Byers participated, along with new investors like Merck Global Health Innovation Fund, THVC, and Breyer Capital. Verana Health focuses on real-world data in ophthalmology, neurology, and urology to enhance drug lifecycle insights and patient care.

ai-jobs.net
Jul 30th, 2024
Verana Health Secures $150M, Hiring Remote

Verana Health, a digital health company, secured a $150 million Series E led by JJDC and Novo Growth, with participation from GV, Casdin Capital, Brook Byers, Merck Global Health Innovation Fund, THVC, and Breyer Capital. They are hiring a Senior Data Product Manager to support their DaaS product strategy, requiring candidates to reside in specific states or be willing to relocate. The role involves establishing requirements, gaining stakeholder approval, and collaborating with various teams for timely delivery.

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