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Healthcare information analytics firm Komodo Health introduced new hires only one week after launching a brand new software dubbed MapLab, an AI-enabled providing offering data on remedy pathways, illness traits and affected person populations for all times sciences and healthcare corporations.
Julia Goebel will be part of the corporate as its new senior vice chairman of selling and Brad Kelley as common supervisor of MapEnhance, a community of specialty information companions linked to Komodo’s know-how platform.
Goebel beforehand labored at healthcare know-how firm symplr, and was chief advertising and marketing officer at Halo Health. Kelley beforehand held the place of president of Evernorth Intelligence Options, Cigna’s information and analytics firm.
Final week, the corporate introduced the launch of MapLab, which incorporates analytics templates, dashboards and code units permitting for the evaluation of affected person cohorts and producing insights, which might then be used to create interactive visualizations and dashboards for presentation.
Customers may combine and handle information from the corporate’s Healthcare Map, a database of greater than 330 million de-identified affected person traits and care journeys, and faucet into Komodo’s growth choices for information scientists and engineers that enable customers to construct new APIs, purposes and algorithms utilizing Komodo’s information.
“MapLab is the primary software program that permits you to pose advanced healthcare questions and shortly visualize and perceive key healthcare insights in seconds. The power to level, click on and generate insights opens up a door to speed up innovation, conduct analysis and enhance outcomes in healthcare at a tempo and scale that has by no means earlier than been doable. And it’s a single, cohesive expertise that anybody in a company, with any stage of analytics or coding talent, can entry and use,” Internet Solar, cofounder and president of Komodo Well being, advised MobiHealthNews in an e-mail.
“In seconds, MapLab customers can perceive how infectious ailments are spreading, the true prevalence of a uncommon situation, the geographical distribution of underserved populations, or utilization traits for a brand new class of medicine. For information scientists and engineers, MapLab affords extra refined tooling to simply construct algorithms and purposes that tackle their wants.”
THE LARGER TREND
Based in 2014, Komodo has since garnered a major quantity of capital.
In 2020, the corporate scored $50 million in Series C funding. Only one yr later, Komodo secured a whopping $220 million Series E investment and a subsequent $3.3 billion valuation. It additionally scored $200 million in structured fairness.
Final yr, Komodo laid off 9% of its workers as half of a bigger restructuring of its enterprise. Solar mentioned in a LinkedIn submit the modifications have been mandatory due to the evolution of the market and the way quickly the corporate had grown to satisfy its prospects’ wants.
In June, Komodo and Illinois-based information analytics and engineering agency TheMathCompany announced a partnership to supply MathCo’s purchasers within the pharmaceutical trade entry to Komodo’s Healthcare Map.
Komodo announced the launch of MapEnhance in April, which boosts the corporate’s Healthcare Map by combining its information with unique information from Komodo’s companions.
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