Health tech firm PicnicHealth nabs $60m Series C

B Capital Group led the round with participation from Felicis Ventures and Amplify Partners.

  • As a result of this funding, PicnicHealth has now raised more than $100 million 
  • In conjunction with the funding, Adam Seabrook, a partner at B Capital Group, has joined its board of directors
  • PicnicHealth was founded in 2014 by Noga Leviner and Troy Astorino

PicnicHealth, a patient-centered health technology company, has raised $60 million in Series C financing. B Capital Group led the round with participation from Felicis Ventures and Amplify Partners.

As a result of this funding, PicnicHealth has now raised more than $100 million. In conjunction with the funding, Adam Seabrook, a partner at B Capital Group, has joined PicnicHealth’s board of directors.

The capital infusion will support PicnicHealth in growing its portfolio of patient-centered real-world data cohorts across 30 new indications in complex, chronic or rare conditions. In addition, PicnicHealth plans enhancements to streamline and speed the patient experience of gaining access to up-to-date medical records.

Founded in 2014 by Noga Leviner and Troy Astorino, the company partners with dozens of the world’s largest biopharma companies and academic research institutions.

“Healthcare is still in the early stages of its digital transformation, and PicnicHealth – with its easily accessible and detailed patient data – is well-positioned to be a leader in the field for years to come,” B Capital’s Seabrook said in a statement. “We look forward to working with Noga and her team to make healthcare better for patients and to continue evolving the PicnicHealth Research Platform to meet new demands and support medical innovation.”