Briya, a healthcare data exchange platform, has completed a $11.5 million Series A round of financing, bringing their total funding to $17 million. The round was led by Team8, with participation from existing investors Insight Partners, Amiti Ventures, Innocare Health Investments, and the George Kaiser Family Foundation.
Founded in 2020 by David Lazerson and Guy Tish, Briya aims to revolutionize how data is exchanged between healthcare organizations and life sciences organizations, focusing on the United States health ecosystem. Their scalable data exchange platform allows hospitals to leverage their patient data effectively. Currently, Briya’s platform is being utilized in healthcare systems and academic institutions primarily in Europe and Israel.
Briya’s secure data exchange platform solves the challenge of fragmented healthcare data systems, complex compliance issues, and a lack of standardization, which hinders data sharing between healthcare organizations and research partners. By providing a scalable and secure model, hospitals are able to fully capitalize on the potential of patient data while ensuring compliance with regulatory guidelines. This enables greater collaboration and generates lucrative revenue streams.
Furthermore, Briya’s platform provides life sciences organizations with access to high-quality, de-identified real-world data. This allows for the expedited development and time-to-market for new therapies, benefiting both patients and the healthcare industry as a whole.
With this latest funding, Briya aims to further expand and enhance their data exchange platform, creating more opportunities for collaboration and advancements in medical research and care.
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