FW: Small part of A BIG DEAL
Hi Boris,
Apologies for my barrage of emails recently but I wanted to call out our latest private investment into Flatiron Health. We were extremely excited to be included in the $130m Google led financing of the company. With the capital raised Flatiron Health is acquiring Altos Solutions and once combined, will become the world's largest single source of structured real-world oncology data and intelligence.
This is an example of the big data solutions we discussed in our most recent partners letter. It represents a huge step forward in driving the personalization of oncology treatments and has the potential to bend the curve on costs while at the same time improving patient outcomes. As Bill Maris, managing partner of Google Ventures commented in the WSJ reporting "We don't generally make investments of $100-plus million, when we do make an investment of this size, it means we really believe in the team, and the product, and the good that it can do for the world."
We couldn't agree more and look forward to updating you on the company's progress in the coming quarters. Please find a link here to the WSJ online dispatch Google Ventures Leads $130m Round For Big Data Medical Software Company Flatiron Health
Regards,
Eli Casdin
Casdin Capital, LLC
130 Avenue of the Americas, Suite 1140
New York, NY 10019
T.212-897-5438 C.212-300-5575
This is one I missed – remember this needed to be a fourth deal to the fund with Yuri.
Not sure if Yuri went on.
How long are you in NY?
B
