Health data start-up HumanAPI attracts $10m investment from SCOR and Guardian Life
French reinsurer SCOR has made a strategic investment in California-based health data start-up HumanAPI.
HumanAPI has raised $10 million in new funding from Guardian Life Insurance Company and SCOR Life and Health Ventures, as well as funding from backers BlueRun Ventures and Max Levchin's SciFi VC.
The company said it will use the latest investment to accelerate its product development and market expansion.
HumanAPI's platform enables consumers to centralise and share their health data (from sources like electronic health records (EHR), labs, pharmacies, wearable devices and health apps) with healthcare providers and insurance carriers.
“SCOR Global Life seeks to extend protection and peace of mind and to make life insurance more accessible, relevant and desirable to consumers. We look to build solutions with our insurance clients that enable them to provide their customers with a simpler, faster buying experience” said Brona Magee, deputy CEO of SCOR Global Life.
“This partnership with HumanAPI supports our efforts to accelerate the underwriting process through electronic health data and automated decision making. HumanAPI is in a unique position to transform health data exchange and create innovation opportunities across the healthcare and insurance ecosystem.”
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