Ingenix
Minnetonka, United States · Founded 1996 · $24.4M raised
- Headquarters
- Minnetonka, Minnesota
- Employees
- 10001+
- Founded
- 1996
- Business Model
- B2B
- Website
- ingenix.ai
- Total Funding
- $24.4M
- Last Round
- $14.4M Extension RoundJun 2026
- Rounds
- 2
About
Ingenix was a wholly-owned subsidiary of UnitedHealth Group and one of the largest health information and analytics businesses in the United States. Created in 1996 as UnitedHealth Group reorganized its health services businesses, Ingenix collected, sorted, and analyzed large-scale healthcare data to provide technology, services, and consulting to payers, providers, pharmaceutical companies, and government agencies. With over 30,000 employees across the combined Optum businesses by 2011 and combined revenues of approximately $25 billion, Ingenix operated two primary divisions: Ingenix Health Intelligence and Ingenix Pharmaceutical Services. In April 2011, UnitedHealth Group announced a brand unification under the Optum master brand; Ingenix was renamed OptumInsight effective over the subsequent 12 months, under the leadership of CEO Andy Slavitt. OptumInsight later merged with Change Healthcare (acquired in 2022 for over $13 billion) to expand its software, data analytics, and revenue cycle management capabilities. Ingenix itself no longer exists as a standalone entity — it is now fully subsumed into Optum, UnitedHealth Group's health services platform.
Summary
Ingenix is a Data & Analytics company based in Minnetonka, United States, founded in 1996. It has raised $24.4M in total across 2 rounds, most recently a $14.4M Extension Round round in Jun 2026. Investors include Sofinnova Partners, Inovo VC and OTB Ventures.
Sign up to view funding chart
Create a free account to see funding visualizations and detailed round data.
Funding History
Jun 2026
Sign up to see all 2 rounds
Full funding history, per-round amounts, and investor participation.
Investors
Similar Companies
OneOncology empowers oncology practices with advanced tools and capabilities to help physicians d...

Portfolio company
Netsmart Technologies provides on-demand and on-premise software solutions to automate key financ...
Largest private manufacturer and distributor of medical-surgical products serving healthcare prov...

Databricks is the pioneer of the data lakehouse, a unified platform for data science, machine lea...
Healthcare cost management company providing data analytics and network-based payment solutions t...
