Cascador Health
A platform allowing access to structured, validated and anonymised Real World Data.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
* | €3.4m | Series A | |
| Total Funding | 000k | ||
| EUR | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Cascador Health is a healthcare technology startup that operates in the realm of healthcare data management. The company's primary function is to bridge the gap between the sources and users of healthcare data, specifically Real World Data (RWD). RWD refers to data collected outside of traditional clinical trials, such as electronic health records, claims and billing data, and patient-generated data.
Cascador Health serves two main types of clients: healthcare providers and the life science industry. For healthcare providers, the company helps to gather, structure, clean, and anonymize data from various sources, relieving them of these complex tasks. For the life science industry, Cascador Health provides access to structured and validated RWD, which can be used to gain insights and improve patient care.
The company operates in a market where the use of RWD is not yet a priority for many healthcare providers, despite its potential to significantly impact prevention and treatment strategies. Cascador Health addresses common obstacles to RWD use, such as lack of trust, misconceptions about data requests, concerns about data usage and security, and the complexity of retrieving data from various IT systems.
Cascador Health's business model is based on creating an ecosystem where data providers and users can share knowledge and improve healthcare. The company ensures data governance and compliance with the General Data Protection Regulation (GDPR), allowing third parties to safely access and use the data. Data providers retain full control over their data and receive a fee for its use, while data users get a one-stop-shop for multiple hospitals and other data sources.
In terms of revenue generation, Cascador Health likely makes money by charging fees to data users for access to the structured and validated RWD, and possibly also by charging data providers for their data management services.
Keywords: Healthcare Technology, Data Management, Real World Data, Healthcare Providers, Life Science Industry, Data Governance, GDPR Compliance, Data Providers, Data Users, Revenue Generation.