How Much Did Reify Health Raise? Headquarters, Funding & Key Investors

Reify Health has raised $478M in funding through multiple rounds: $30M Series B (Aug 12, 2020), $220M Series C (Aug 10, 2021), and $220M Series D (Apr 21, 2022). Key investors include Dragoneer Investment Group, Altimeter Capital, Coatue, Battery Ventures, and Iconiq Capital. Reify Health, headquartered in Boston, United States, provides AI-enhanced mobile health solutions for clinical trials, including patient recruitment, engagement, and custom mobile health algorithms, enabling researchers and scientists to accelerate trial processes and improve patient outcomes.

How Much Did Reify Health Raise? Funding & Key Investors

Reify Health, founded in 2012 in Boston, Massachusetts, United States, is a mobile health platform that enables scientists and clinicians to manage and optimize clinical trials. Its flagship product, StudyTeam, helps in patient recruitment, enrollment management, and engagement through mobile technologies such as apps, text messaging, and sensors. Serving academic and clinical research institutions, Reify Health allows users to create custom health algorithms without programming expertise.

What Is Reify Health and What Does It Do?

Reify Health, founded in 2012 by Ralph Passare, is a Boston-based (United States) life sciences tech company focused on mobile health platforms for clinical trial management.

With a workforce of 71 employees, Reify Health provides scientists and clinicians tools to manage patient recruitment, enrollment, and engagement in clinical trials. Its StudyTeam platform uses AI-driven mobile solutions, including text messaging, smartphone apps, and sensors, enabling researchers to create custom algorithms for patient engagement and assess behavioral outcomes efficiently.

How Much Funding Has Reify Health Raised?

*Series B* • Amount Raised: $30M
• Date: August 2020
• Lead Investors: Battery Ventures, Sierra Ventures, Asset Management Ventures
• Motivation: To expand platform capabilities and enhance mobile clinical trial solutions.\
*Series C* • Amount Raised: $220M
• Date: August 2021
• Lead Investors: Coatue, Sierra Ventures, Adams Street Partners, Battery Ventures, Iconiq Capital
• Motivation: To scale operations, accelerate adoption, and further develop AI-driven clinical trial tools.\
*Series D* • Amount Raised: $220M
• Date: April 2022
• Lead Investors: Altimeter Capital, Coatue, Dragoneer Investment Group, Iconiq Capital, Adams Street Partners, Battery Ventures
• Motivation: To expand the company’s reach, enhance technology, and optimize mobile patient engagement.

Total Funding Raised: $478 Million

Current Valuation: $2.2 Billion (as of Apr 2021)

Latest Funding Date: April 2022

Key Investors

*Dragoneer Investment Group* • Details: Dragoneer Investment Group is a growth-stage investment firm backing technology-driven companies.
• Investment Focus Areas: High-growth technology, digital platforms.
• Notable Investments: Airbnb, Slack, Coinbase.\
*Altimeter Capital* • Details: Altimeter Capital is a global investment firm focusing on public and private companies in technology and internet sectors.
• Investment Focus Areas: Technology, internet, enterprise software.
• Notable Investments: Snowflake, Roblox, Uber.\
*Coatue* • Details: Coatue is a technology-focused investment firm providing venture and public equity funding to high-growth companies.
• Investment Focus Areas: Software, internet, AI, and life sciences tech.
• Notable Investments: TikTok, DoorDash, Instacart.\
*Battery Ventures* • Details: Battery Ventures invests in cutting-edge technology and innovation across all stages of company growth.
• Investment Focus Areas: Software, internet, IT infrastructure.
• Notable Investments: Glassdoor, Coupa, Marketo.\
*Iconiq Capital* • Details: Iconiq Capital is a venture capital firm with a focus on technology and growth-stage investments.
• Investment Focus Areas: Tech platforms, enterprise SaaS, life sciences.
• Notable Investments: Zoom, Airbnb, Uber.

Where Is Reify Health’s Headquarters?

Reify Health is headquartered in Boston, United States, providing access to leading research institutions, biotech talent, and a robust healthcare innovation ecosystem.

What’s Next for Reify Health?

Reify Health aims to expand its mobile health and AI capabilities for clinical trials globally, focusing on improved patient engagement, algorithm-driven behavior analysis, and enhanced trial efficiency.

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