Ribbon Health, a New York City-based healthcare data platform, that today just announced a $10.25 million Series A round led by Andreessen Horowitz (“a16z”) and a new solution to deliver up-to-date provider cost/quality data. Ribbon marks the first investment by a16z’s newly announced Bio Fund III.
Founded in 2018 by CEO Nate Maslak and CTO Nate Fox, Ribbon is a health data platform that offers the most accurate, up-to-date data on providers, insurance plans, and price and quality of care. They offer this through a seamless API layer so that the platform can integrate into any organization’s workflow and UX, such as health plans, providers systems, or digital health companies. The thing that sets Ribbon apart is that the API layer continuously validates and improves the accuracy of the platform’s data through ongoing use/growth.
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