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Company type | Privately held company |
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Industry | Health information technology |
Founded | 2017 |
Headquarters | Phoenix, AZ |
Key people |
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Subsidiaries | Ciox Health |
Website | datavant |
Datavant is a health information technology company based in Phoenix, Arizona, USA, which develops and maintains a digital ecosystem for the exchange of healthcare data. [1] [2] Datavant's clients include clinical research organizations, pharmaceutical companies, payers, analytics companies, hospitals, and providers, operating primarily in the US healthcare market. [3]
Along with the Health Care Cost Institute, Snowflake, Elsevier, Parexel, and others, Datavant operates the COVID-19 Research Database, which "enables public health and policy researchers to use real-world data to understand and combat the COVID-19 pandemic." [4] [5]
Datavant was co-founded by Roivant Sciences in 2017 with a focus on data management in support of clinical trials. [6] Datavant's founding CEO was Travis May, a former co-founder of LiveRamp. [6]
The company received a $40.5mm Series A investment in 2018 led by Roivant Sciences, [7] followed by a $40mm Series B investment in 2020.[ citation needed ] In June 2021, Datavant entered into a seven billion dollar deal to merge with the healthcare information management company Ciox Health. [8] [9] Following the merger, May became president and joined the company's board, while Ciox's CEO Pete McCabe become the CEO of the joint entity that continued under the Datavant name. [10] Also in June 2021, Datavant announced a partnership with Biodesix, a data-driven diagnostics company. [11]