THB, an enterprise healthcare SaaS company specializing in Technology, Healthcare, and Big Data Analytics, announced that it had raised USD 20 million in a growth equity round. The funding was led by Filter Capital and Edelweiss Discovery Fund Series – I.
In addition to Filter Capital and Edelweiss Discovery Fund Series – I, other participants in the funding round for THB included Cornerstone Venture Partners Fund (CSVP) and Healthquad. The transaction was advised by Investec Capital and Antares Legal, as per reported by BW Disrupt.
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Akansh Khurana, MD & Group CEO of THB said, “Healthcare Big Data Technology presents an enormous opportunity for growth in this decade. THB aims to provide its customers with a comprehensive suite of data use-cases, enabling them to fully leverage their healthcare datasets and achieve tangible growth. We are excited about partnering with the new investors and leveraging their expertise in technology and enterprise SaaS to further expand THB into a truly global organization.”
THB provides innovative clinical data intelligence solutions that enable healthcare organizations to fully leverage the value of their clinical datasets. Through its platform, THB is able to process over 500 million clinical parameters from more than 100 cities, delivering significant benefits for providers, pharmaceutical companies, and researchers across more than 20 specialties.