xCures, a pioneering healthcare data company focused on improving healthcare outcomes, raised $46 million in Series B funding round led by Innovius Capital, with participation from iGrow, GKCC, Spring Mountain Capital, and existing investors.
The new capital brings xCures’ total funding to more than $76 million and will support the continued expansion of the clinical clarity layer to turn fragmented medical records into decision-ready clinical data.
Patient information is scattered across thousands of labs, hospitals, imaging centers, and EMRs, often arriving as unstructured documents that are difficult to use in clinical workflows. The xCures Clinical Clarity Engine brings together three integrated capabilities: decision-ready checklists built from automated patient histories and backed by evidence-grade data. It creates the clarity that providers, value-based care, diagnostics labs, and consumer health organizations have long needed.
To date, xCures has processed over 300 million medical records sourced from more than 550,000 healthcare locations nationwide, supporting clinical decisions for millions of patients across the U.S.
“Healthcare has spent decades generating enormous amounts of patient data without a reliable way to make that information usable. We’re changing that,” said Mika Newton, CEO of xCures. “This financing allows us to accelerate product development, expand our team, and help more organizations turn fragmented records into information they can actually act on.”
Stu Posluns, Partner at Innovius, added, “The promise of AI in healthcare depends on having accurate, complete, and trustworthy clinical data. xCures has built by far the most compelling platform we’ve seen for turning fragmented medical records into actionable clinical intelligence. We’re proud to support Mika and the team as they expand that impact across healthcare.”
Digital health companies have secured more than $180 billion in funding to date, according to our recent Funding Database. More recently, New York-based Novellia, a developer of a patient-powered real-world data and personal health records platform, raised $18 million in Series A funding, bringing its total funding to over $28 million to date.