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HiLabs announced a $39 million Series B financing co-led by Eight Roads Ventures and Denali Growth Partners to advance its AI-powered data management solutions for healthcare organizations.

PRIVATEMar 14, 2024about 2 years ago

Amount Raised

$39 Million

Round Type

series b

BethesdaHealth CareArtificial Intelligence

Investors

F Prime CapitalDenali Growth PartnersEight Roads Ventures

Description

HiLabs announced a $39 million Series B financing co-led by Eight Roads Ventures and Denali Growth Partners, with participation from F-Prime Capital. The funding will support the enhancement of the technology, recruitment of top-tier talent, and expansion of its product teams to advance its AI-powered data management solutions for healthcare organizations.

Company Information

Company

HiLabs

Location

Bethesda, Maryland, United States

About

HiLabs is a healthcare technology company that helps health plans improve efficiency and member experiences by transforming dirty data into actionable intelligence. Its platform delivers immediate ROI by cleaning, organizing, and converting complex healthcare data into valuable insights from day one.

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Predictive Intelligence
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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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