Verily Announces $700 Million Investment Round to Accelerate Key Businesses, Including Baseline and Verily Health Platforms
Amount Raised
$700 Million
Round Type
Venture
Description
Verily today announced a $700 million investment round from current investors, including Alphabet, Silver Lake, Temasek, Ontario Teachers’ Pension Plan and others. The capital will be used to support rapid expansion of some of Verily’s leading commercial businesses. These include Baseline, an end-to-end ecosystem designed to make clinical research more efficient; and Verily Health Platforms, which supports population health, clinical care delivery and chronic disease management through programs like Healthy at Work, Onduo and Coefficient . The company will also progress several of its life sciences programs across surgery, pathology and immunology.
Quick answer
Verily raised $700 Million in a funding round, dated December 17, 2020. Verily is based in San Francisco, California, United States.
- How much did Verily raise?
- Verily raised $700 Million in a funding round on December 17, 2020.
- What does Verily do?
- Launched in 2015, Verily is a subsidiary of Alphabet focused on life sciences and healthcare.
- Where is Verily based and how big is it?
- Verily is based in San Francisco, California, United States. Fundz records about 1,500 employees.
- Who are the decision-makers at Verily?
- Fundz holds 1 contact at Verily, including the Director, Product Security and Privacy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Government And Military and Sports around the same time
Companies in the same sectors as Verily that raised within 45 days of this round, from Fundz verified event records.
- Hygieia raised $900K (Seed) on January 27, 2021.
- NeuroFlow raised $11M on January 20, 2021.
- Zevra Therapeutics, Inc. raised $31M on January 13, 2021.
- Tessera Therapeutics raised $230M (Series B) on January 12, 2021.
- Promaxo raised $42M (Seed) on January 7, 2021.
- Valera Health raised $4.7M (Seed) on January 5, 2021.
Who to call at Verily, and when
A new round usually means Verily is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Verily raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Verily, from your own LinkedIn network
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Related People
Verily raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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