By Samantha Denefrio, PhD
What is it?
Flatiron Health has created a platform where researchers, doctors, hospitals, academics, universities, and policy-makers can communicate and share information about the treatment of cancer.
Why is it innovative?
Their primary focus is on community oncology, which is creating a network of cancer care providers that can learn from each other and use technology to quickly access patient information. The OncoCloud Suite of software is currently being used by over 2,500 clinicians across the country to modernize the way cancer is treated and expand the knowledge available to physicians when making critical decisions. Flatiron also works with the FDA to make ground-breaking research possible by using record amounts of patient data. You can find a list of publications here.
As many as 38% of Americans will be diagnosed with cancer during their lifetimes and in 2018 alone, there were an estimated 1,735,350 new cases (National Cancer Institute). Because of this major public health burden, oncology information systems are growing (i.e. CureMD Corporation, Bogardus Medical Systems, Inc., Cerner Corporation). However, Flatiron seems to be in a class of their own when it comes to changing the way doctors can care for cancer. On the website, they give a powerful example of how one doctor needed access to his patient’s records but was unable to do so because of Hurricane Maria. Even though he had no internet access, Flatiron securely printed and mailed all necessary records to the doctor (Flatiron Health).
“We’re a diverse team of passionate, curious individuals from a wide range of backgrounds, dedicated to our mission of improving treatment for cancer patients and significantly accelerating cancer research” (Flatiron Health).
Total Funding Rounds $313 M (3 Rounds)
Roche, Stripes Group, Casdin Capital, Baille Gifford, Allen & Company
LabCorp, GV, First Round Capital
GV, Grape Arbor VC, Great Oaks Venture Capital, IA Ventures, Jack Abraham, Jared Hecht, LabCorp, SV Angel, Social Capital, Stripes Group
Facts Sheet and Details (Crunchbase)
News Stories on Flatiron Health