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How Much Did Verily Raise? Headquarters, Funding & Key Investors

Verily, founded in 2015 and headquartered in South San Francisco, California, has raised a total of $3.5 billion across multiple funding rounds, including an $800M private equity round in 2017, a $1B round in 2019, a $700M round in 2020, and a $1B corporate round in 2022 led by Alphabet and Google. With 1,001–5,000 employees, Verily leverages AI and data platforms to advance precision health, clinical research, and personalized care. The company continues expanding innovative healthcare solutions, driving efficiency, evidence generation, and smarter outcomes for patients, providers, and researchers worldwide.

    Verily has raised substantial capital across multiple funding rounds, most recently securing $14.7 million in April 2025 through a grant from The Michael J. Fox Foundation. Founded in 2015, Verily focuses on leveraging data and AI to transform healthcare by developing tools and platforms that enable precision health, clinical research, and advanced healthcare analytics.

    What Is Verily and What Does It Do?

    Verily, founded by Andrew Conrad, Brian Otis, Jessica Mega, Thomas Stanis, and Vikram Bajaj in 2015, is an Alphabet health tech company headquartered in South San Francisco, California. The company develops AI-driven healthcare solutions, precision measurement tools, and platforms for clinical operations.

    With a workforce of 1,001–5,000 employees, Verily focuses on accelerating evidence generation, supporting clinical research, and enabling personalized care. Its innovative tools are designed to make healthcare smarter, more efficient, and data-driven, benefiting patients, healthcare providers, and researchers alike.

    How Much Funding Has Verily Raised?

    1. Private Equity Round

    • Amount Raised: $800M
    • Date: January 2017
    • Lead Investors: Temasek Holdings
    • Motivation: To expand R&D in precision health and accelerate new healthcare projects.

    2. Private Equity Round

    • Amount Raised: $1B
    • Date: January 2019
    • Lead Investors: Silver Lake
    • Motivation: To scale Verily’s operations and strengthen product development in AI healthcare.

    3. Private Equity Round

    • Amount Raised: $700M
    • Date: December 2020
    • Lead Investors: Not disclosed
    • Motivation: To fund ongoing initiatives and explore emerging areas in digital health.

    4. Corporate Round

    • Amount Raised: $1B
    • Date: September 2022
    • Lead Investors: Alphabet, Google
    • Motivation: To enhance data infrastructure, support clinical research, and expand AI-powered healthcare solutions.

    Total Funding Raised: $3.5 Billion

    Current Valuation: Not publicly disclosed

    Latest Funding Date: September 2022

    Key Investors

    1. Alphabet Inc.

    • Details: Parent company of Google, driving innovation across technology, healthcare, and AI.
    • Investment Focus Areas: Technology, healthcare, artificial intelligence, data analytics.
    • Notable Investments: Google, Waymo, DeepMind.

    2. Google

    • Details: A global leader in technology and AI-driven innovation, investing heavily in cloud and healthcare ecosystems.
    • Investment Focus Areas: Search, cloud computing, AI, and health data platforms.
    • Notable Investments: YouTube, Fitbit, Android.

    3. Silver Lake

    • Details: One of the world’s largest private equity firms specializing in technology and digital transformation. 
    • Investment Focus Areas: Software, fintech, internet, digital innovation.
    • Notable Investments: Airbnb, Dell Technologies, Twitter.

    4. Temasek Holdings

    • Details: Singapore’s state-owned investment firm with a global portfolio spanning multiple industries.
    • Investment Focus Areas: Financial services, healthcare, technology, consumer sectors.
    • Notable Investments: Alibaba, DBS Bank, Singapore Airlines.

    5. Swiss Re Corporate Solutions

    • Details: The corporate insurance arm of Swiss Re, focusing on risk management and growth-stage investments.
    • Investment Focus Areas: Insurance, reinsurance, and risk innovation.
    • Notable Investments: Hitachi Europe Ltd, kWh Analytics, Bradesco Seguros.

    Where Is Verily’s Headquarters?

    Verily is headquartered in South San Francisco, California, a thriving hub for biotechnology and digital health innovation. Its proximity to Silicon Valley gives it access to leading researchers, healthcare institutions, and AI specialists, fueling the company’s mission to revolutionize healthcare through technology.

    What’s Next for Verily?

    Verily’s next phase centers on scaling its AI and data platforms to enable individualized healthcare solutions. The company is actively expanding strategic partnerships and may pursue additional funding rounds to strengthen its position in the precision health ecosystem.

    With a recent $1 billion corporate round and robust investor confidence, Verily is well-equipped to navigate the competitive health-tech landscape dominated by players like Amazon and Apple while transitioning toward a more commercially focused and innovation-driven future.

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