H1, a healthcare data analytics platform serving the pharmaceutical industry with data on over 10 million healthcare professionals, has acquired Ribbon, a

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H1, a healthcare data analytics platform, has acquired Ribbon, a startup aiding patients in finding insured doctors. Ribbon, founded in 2016 and backed by significant investors, was valued at $283.5 million in 2021 after a Series B funding. The acquisition, involving both stock and cash, is viewed as a strategic synergy rather than a rescue. H1 has raised around $200 million and was valued at $773 million in 2022. The merger aligns the two companies' data collection for varying client sets within the healthcare sector.

Healthcare analytics platform H1 has acquired Ribbon, backed by a16Z and General Catalyst