Shyft Analytics raises $12.5M

What does Shyft Analytics do?

Shyft Analytics, is a leader in cloud data and analytics for global life sciences industry. The company helps life science companies in integrating commercial and clinical data and translating it into patient focused analytics and intelligence. It is an important part of the life sciences ecosystem and as the industry is undergoing a significant transformation for delivering more value based and personalized medicine, the role of the company has never been more important. This platform helps science companies integrate commercial and clinical data and translating it into patient focused analytics and intelligence for using them across functional groups, commercialization activities and shortening development cycles while improving success probability.

How much Shyft Analytics was founded?

The company raised $12.5M in Series B on August 30, 2016 from Milestone Venture Partners, Medidata Solutions, Health Enterprise Partners and McKesson Ventures

Previous funding

$15M in Series A on December 17, 2013 from Health Enterprise Partners

$4M in Series A on April 7, 2014 from Milestone Venture Partners

What is next for Shyft Analytics?

Shyft Analytics plans to use the latest funding raised for continuing its rapid growth and expansion and further advancing its leader healthcare cloud analytics platform. This financing is a huge step forward in helping the company build into one of the biggest and most important industry cloud companies in life sciences. The company feels that this is a unique and valuable opportunity to have partners who understand the company’s customers and share their vision for advancing healthcare through analytics.

More about Shyft Analytics

Shyft Analytics was founded in 2006 by Zackary King. It has its headquarters in Waltham, Massachusetts. The company delivers smarter and more timely access to novel insights in the cloud which provide new ways of looking at the healthcare business for increasing competitiveness, growing revenue, improving customer engagement and patient health.