Certify Raises $40M Series B Led by Transformation Capital

Gunderson Dettmer represented client Certify, a healthcare provider data intelligence company, in its $40 million Series B financing led by Transformation Capital with participation by General Catalyst, Upfront Ventures and SemperVirens. Certify serves health plans and digital health companies with end-to-end provider data needs, including credentialing, licensing, monitoring, and roster management – all using a single provider data layer that's AI-powered and grows stronger with each new participant. The new capital will be used to accelerate product, engineering and go-to-market efforts to meet growing market demand.

In the announcement of the transaction, Certify Founder and CEO Anshul Rathi said, "This funding is the latest marker in Certify's dramatic growth trajectory. Provider data chaos remains one of the most overlooked drivers of cost, delay, and abrasion in healthcare today. Without addressing this foundational issue, patients won't find needed care and provider burnout will reach a breaking point. We're building what healthcare has always needed but never had – a single, intelligent source of truth for provider data that transforms fragmented, error-prone processes into a strategic asset."

The Gunderson deal team was led by Hozefa Botee and included Sam Feldman, Lawrence Ho and Greg Miele.

Companies
Certify
Transformation Capital
General Catalyst
Upfront Ventures
SemperVirens Venture Capital