Komodo’s Platform Continues To Fuel Healthcare AI and Analytics
Komodo Health has been named to the 2023 Forbes Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. As healthcare and Life Sciences innovators continue to explore how to leverage workflow software and AI algorithms, Komodo has established healthcare’s next-generation analytics and insights platform, built on the journeys of more than 330 million U.S. patients. Komodo’s cloud-based technology is leveraged by healthcare and Life Sciences enterprises to turn de-identified data into insights that accelerate medical breakthroughs, expose gaps in care, and power high-quality real-world evidence research.
“For nearly a decade, we have been developing the industry’s strongest AI platform for insights into human health,” said Arif Nathoo, Co-Founder and CEO, Komodo Health. “As we advance Komodo’s mission to reduce the burden of disease, we’re thrilled that our incredible team is being recognized for the impact of our technology on reducing gaps in care and improving patient outcomes.”
Komodo’s cloud-based platform technology is built on its Healthcare Map, which continues to drive market momentum as the industry’s most comprehensive, nuanced, and high-quality view of patient journeys. Komodo Health has long earned accolades for its powerful impact, even being recognized as one of 20 young, high-growth, and category-leading cloud companies on Forbes’ 2019 Cloud 100 list of “Rising Stars.”
For the eighth consecutive year, the Cloud 100 reviews submissions from hundreds of cloud startups and private companies each year. The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%). For market leadership, the Cloud 100 enlists the help ofa judging panel of public cloud company CEOs who assist in evaluating and ranking their private company peers.
“The companies of the Cloud 100 list represent the best and brightest private companies in this crucial tech sector,” said Kenrick Cai, the Forbes editor of the Cloud 100. “This year’s companies had to react rapidly to AI’s sweeping impact while contending with a market pullback. Their resilience puts them in elite company. Congratulations to each of the 2023 Cloud 100 honorees and the 20 Rising Stars who are showing early potential to one day join their ranks.”
“This year’s Cloud 100 list is one of the most dynamic in history. While the industry faced macro headwinds, the 2023 Cloud 100 winners displayed the innovation and resilience of the cloud economy and the combination of growth and efficiency that prove the power of the cloud business model. 95% of the honorees are forecasted to reach Centaur status — $100 million of annual recurring revenue — by the end of the year,” said Mary D’Onofrio, partner at Bessemer Venture Partners. “It is further exciting to see so many honorees at the forefront of the AI revolution, which we believe will continue to transform the cloud and propel the next wave of growth for many of this year’s winners.”
“The past year our industry has seen a generational step forward in innovation and with AI leading the charge, we are witnessing one of the most important platform shifts in decades,” said Paul Drews, managing partner, Salesforce Ventures. “The Cloud 100 list represents the best of the best and we’ve never been more excited about what the future holds, not only for the cloud but for the entire technology industry. We are proud of what these founders and their communities have already accomplished and look forward to seeing how they continue to transform the industry in the future.”
The Forbes 2023 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100. Highlights of the list appear in the August/September 2023 issue of Forbes magazine.
This year, the CEOs of The Cloud 100 and the 20 Rising Stars companies will be honored with a digital content launch, as well as at the exclusive Cloud 100 Celebration hosted by Bessemer Venture Partners, Salesforce Ventures, and Forbes. A special thank you to the event sponsors, including Amazon Web Services (AWS), Bank of America, Cooley, Deloitte, HSBC, J.P. Morgan, Morgan Stanley, Nasdaq, and Qatalyst Partners.
Visit AITechPark for cutting-edge Tech Trends around AI, ML, Cybersecurity, along with AITech News, and timely updates from industry professionals!
