HomeBlogCompany Updates - Patient BlogCompany Updates
HomeBlogCompany Updates - Patient BlogCompany Updates

PicnicHealth raises a $60m Series C to expand patient-centered real-world data

When we started PicnicHealth 8 years ago, we set out to help patients by making medical data work better for them.  At the time, I was focused on the frustrations faced by individual patients in our fragmented healthcare system. But the more I’ve learned, the more it’s become clear that patient frustration is just the tip of the iceberg.  Every day, across our healthcare system, we make decisions without the full benefit of data on what’s happening to patients out in the real world: what diseases really look like outside of narrow clinical trial populations, which symptoms matter most for patients’ quality of life, or which patients are actually benefiting from a particular treatment, to name a few. And whether it's a physician, a regulator, a drug developer, or an insurance company making the decision — the impact on patients is real.

With that, I’m very happy to share that PicnicHealth has raised a $60m Series C to build the deep, complete, and clinically-rich real-world data sets needed in 30 new diseases.  As always, we’ll do this by partnering directly with patients to give them control over their own data.  

Learn more about our research programs.

Interested in joining our team? View open roles.

Read the press release:

PicnicHealth, a patient-centered health technology company, today announced the closing of a $60 million Series C financing led by new investor B Capital Group. Existing investors Felicis Ventures and Amplify Partners also joined the round, bringing the total PicnicHealth has raised to more than $100 million. The company also announced plans to build 30 new patient-centered real-world data cohorts, and the addition of Adam Seabrook, Partner at B Capital Group, to the PicnicHealth board of directors.

PicnicHealth takes a patient-centered approach to building deep real-world datasets for life sciences researchers. This complete, clinically rich, longitudinal data avoids typical gaps in existing real-world data sources by working directly with consented patients. All datasets include complete medical records from all of a patient’s sites of care and can be supplemented with direct patient-reported experience and linked to other research data sources. PicnicHealth empowers patients with access to their own medical information aggregated in a single place and provides the opportunity to proactively contribute their medical journey to advance research.  

“Gaining patient consent isn’t just the right thing to do, it's the only way to build the complete, longitudinal data needed to truly describe how diseases look in the real world. This is especially important in our fragmented healthcare system, where the typical PicnicHealth patient has data spread across more than 20 different healthcare providers over seven years,” said Noga Leviner, CEO and Co-founder of PicnicHealth. “We are thrilled to expand this patient-centered approach to empower patients in dozens of new diseases with control over their data.”

The PicnicHealth Research Platform, since its launch in 2020, has powered the creation of patient-centered real-world data cohorts in hematology (including hemophilia, sickle cell disease, paroxysmal nocturnal hemoglobinuria, and immune thrombocytopenia); neurology (including multiple sclerosis, Parkinson's disease, Alzheimer's disease, amyotrophic lateral sclerosis, myasthenia gravis, and Huntington’s disease); and rare diseases (including lupus nephritis, primary biliary cholangitis, and Pompe disease). Dozens of leading global life sciences and biopharmaceutical companies rely on these datasets to surface the real-world experiences of more diverse populations than can be studied in clinical trials alone, ultimately getting the right treatments to the right patients faster.

“Healthcare is still in the early stages of its digital transformation, and PicnicHealth – with its easily accessible and detailed patient data – is well-positioned to be a leader in the field for years to come,” said Adam Seabrook, Partner at B Capital. “We look forward to working with Noga and her team to make healthcare better for patients and to continue evolving the PicnicHealth Research Platform to meet new demands and support medical innovation.”

Funds raised will support PicnicHealth in growing its portfolio of patient-centered real-world data cohorts across 30 new indications in complex, chronic, or rare conditions. The company will also introduce new capabilities to bring this same depth and completeness to aid clinical trial sponsors in linking trial data with longitudinal real-world outcomes. In addition, PicnicHealth plans enhancements to streamline and speed the patient experience of gaining access to up-to-date medical records.

“PicnicHealth breaks through the longstanding data silos in healthcare to put critical information in the hands of the people who need it most.  We are pleased to support PicnicHealth and look forward to being part of its growing impact on the field,” said Robert Mittendorff MD, Head of Healthcare at B Capital.

We hope you found this session informative! Sign up for PicnicHealth’s Alzheimer’s research program below.

Join Now

LC-FAOD Odyssey: A Preliminary Analysis, presented at INFORM 2021

Data from real-world medical records:

(from 13 patients with LC-FAOD)

16 yrs old

Median age at enrollment

38% Female

15 providers / patient

7.5 years of data / patient

Data from patient-reported outcome (PRO) survey

(from 13 patients with LC-FAOD)

25,966

patients onboarded to platform

1,427,368

medical visits processed

56,861

facilities provided medical records

255,101

healthcare providers

95+

research programs

12

published posters and manuscripts

10

partnerships withtop 30 pharma

New Research

Discover how PicnicHealth data powered medical research in 2021

Keeping Patients at the Center

This year, experts from PicnicHealth joined podcasts, webisodes, virtual summits and much more to speak to the importance of patient-centric approaches when building complete, deep real-world datasets.

1

Build a support network.

If your loved one is in the early stages of Alzheimer’s, putting a support system together might not seem like priority #1. But it’s never too soon to build a network of people that you can turn to in times of need. Cultivate connections today with the people who can be there tomorrow, or whenever you might need a hand.

You may also want to connect with other Alzheimer’s caregivers through a support group, whether it meets in-person or online. In addition to the encouragement and empathy they provide, support groups can be a helpful source of tips, resources, and recommendations for navigating the world of Alzheimer’s.

2

Stay organized.

If your loved one is in the early stages of Alzheimer’s, putting a support system together might not seem like priority #1. But it’s never too soon to build a network of people that you can turn to in times of need. Cultivate connections today with the people who can be there tomorrow, or whenever you might need a hand.

You may also want to connect with other Alzheimer’s caregivers through a support group, whether it meets in-person or online. In addition to the encouragement and empathy they provide, support groups can be a helpful source of tips, resources, and recommendations for navigating the world of Alzheimer’s.

3

Plan for the future.

It isn’t always easy to look into the future with Alzheimer’s—but doing the legwork now will save you from stress later. If your loved one is in the early stages of illness, you can involve them in conversations about legal, financial, and long-term care planning decisions. Despite the difficulty of these topics, you’ll all feel empowered by facing them early, and you can move ahead with greater confidence.

4

Explore treatments and clinical trials.

It’s an exciting time for Alzheimer’s research, with new treatments in development and coming to market. Ask your loved one’s doctors about therapies they can try or clinical trials they can join. One easy way to participate in research is to sign up at PicnicHealth, which helps to advance Alzheimer’s science by sharing participants’ anonymous health data with some of the brightest minds in research.

5

Make time for self-care

It may seem self-centered to focus on self-care—but when you feel good, you can be a better caregiver. Whether it’s exercise, a mindfulness practice, a soak in the bath, or just time to rest when you need it, carve out those moments in the day when you can unwind, reset, and stay healthy mentally and physically. Think of it as building up your reserves of kindness, patience, and understanding—which can only benefit your loved one with Alzheimer’s. And don’t forget to keep a sense of humor along the way.

Click here for more caregiver tools and resources

Learn more about PicnicHealth's Research Program

Noga is the co-founder and CEO of PicnicHealth

Downloads

View Document

Downloads

View Document

Downloads

Oops! Something went wrong while submitting the form.

About PicnicHealth

Empower people to own their medical records. Advance medicine. We’re a passionate group of doctors, patients, data nerds, engineers, and builders, who believe in making something real that changes lives today and in the future.

Sign Up