Babel Health
Empowering affordable, compliant health plan tech integration with versatile data processing solutions.
Empowering affordable, compliant health plan tech integration with versatile data processing solutions.
Babel Health is a company focused on empowering affordable and compliant health plan tech integration with versatile data processing solutions. Founded in 2015, the company operates in the Health Care and IT industries. Their SaaS solutions assist mid-size health plans in transitioning to new technology platforms both affordably and in compliance with regulations. One of their core technologies is an Extract, Transform, and Load (ETL) tool specifically designed for the manipulation, transportation, and processing of healthcare data. Their initial product focuses on Encounter Data Processing System (EDPS) submissions. The company recently received a significant boost with a $5.00M Series A investment from Draper Triangle on 26 April 2019. Babel Health's vision to offer cost-effective software to payers that can be utilized and managed across all programs, providing comprehensive data and process integration positions it well in the evolving healthcare insurance industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | $5.00M | 1 |
|
26 Apr 2019 |
| Venture Round | $2.45M | 2 |
|
31 Jul 2018 |
| Venture Round | $1.50M | 1 | Mark Pacala | 13 Mar 2017 |
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