4 November 2020Insurance

SCOR, Allianz back Human API as it raises $20m Series C funding

California-based digital health start-up Human API has raised over $20 million in Series C funding that saw participation from SCOR Life and Health Ventures, Guardian Life Insurance Company, Allianz Life Ventures and CNO Financial Group.

Other backers included Samsung Ventures, Moneta VC, and BlueRun Ventures.

The company intends to use the funds to scale new products and services that enable new product design, granular risk stratification, optimise clinical trial recruitment, support population health management, automate patient monitoring, and digitize chronic disease management.

Human API's platform empowers insurance, pharma and digital health consumers to connect and share electronic health data with companies they trust.

"Human API's 'one stop shop' of health data helps enterprises realize new possibilities in lasting consumer engagement models. They're truly moving the industry into a new era of innovation," said Paolo DeMartin, CEO of SCOR Global Life.

Andrei Pop, founder and CEO of Human API, explained: "With this new capital we're evolving Human API into a digital transformation platform unifying more data from more sources. We're speeding up growth in the insurance, clinical trials, and health plans markets, as well as new use cases like COVID-19 screening.

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