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Venture Capital News: ixlayer Nabs $75M Series A Financing

2021-03-11
SAN FRANCISCO, CA, ixlayer today announces it has raised $75 million in an oversubscribed Series A funding round.
ixlayer, a leader in technology-based solutions for diagnostic testing, today announces it has raised $75 million in an oversubscribed Series A funding round. The round is led by General Catalyst with participation from the lead seed investor PearVC and others including Signatures Capital's Bobby Yazdani, Uber CEO Dara Khosrowshahi, 23andMe CEO Anne Wojcicki, MBX Capital's Zeshan Muhammedi and Prologis CEO Hamid Moghadam.

ixlayer is an industry leader in the health-tech ecosystem, providing innovative solutions for enabling health systems, payors, biopharma, and health focused companies to offer health testing in a virtual environment. The ixlayer platform delivers end-to-end solutions for the technical, security, regulatory, and user experience components of complex health testing. As the industry shifts to remote and virtual care options, ixlayer is powering patient engagement and preventative health strategies through virtual health testing, at scale. The ixlayer solution can be added to existing patient engagement platforms and patient portals to enable real time health and wellness lab testing. Founded in 2018, ixlayer currently supports millions of patients and has launched hundreds of testing programs for large organizations, health systems and every level of the government.
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