Health Catalyst

South Jordan, Utah, USA Healthcare IT Public

Health Catalyst is a provider of data and analytics technology and services to healthcare organizations. The company's offerings include its Data Operating System (DOS) platform, a cloud-based data platform that aggregates and organizes clinical, financial, and operational data, along with a portfolio of analytics applications and professional services that help health systems improve clinical, financial, and operational outcomes. Health Catalyst went public on Nasdaq in July 2019 under the ticker HCAT.

Public Company

Health Catalyst is publicly traded

IPO'd on July 25, 2019

HCAT NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under HCAT.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2008

Employees

1,400–1,800

Total Funding

$377M

8 rounds

Last Private Valuation

$1B

February 2019

Funding

Total raised $377M across 8 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series F

Date

February 2019

Amount

$100M

Valuation

$1B

Lead Investors

OrbiMed
DateRoundAmount RaisedValuationLead Investors
February 2019 Series F $100M $1B OrbiMed
October 30, 2017 Series E extension $55M Norwest Venture Partners
February 29, 2016 Series E $70M UPMC, Norwest Venture Partners

Leadership

  • Ben Albert

    Chief Executive Officer

  • Dan Burton

    Former CEO, Advisor

  • Jason Alger

    Chief Financial Officer

  • Dave Ross

    Chief Technology Officer

  • Kyle Salyers

    Chief Strategy Officer & SVP Corporate Development

  • Justin Spencer

    Chair of the Board

  • Steven Barlow

    Co-Founder & SVP Client Operations

  • Thomas Burton

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Innovaccer

    Healthcare data activation platform with unified patient records, population health and AI analytics; top-ranked in KLAS 2025 data & analytics.

  • Arcadia

    Healthcare data platform focused on value-based care performance, population health analytics and risk adjustment.

  • Epic Systems

    Dominant EHR vendor whose Cogito and Caboodle analytics offerings compete with third-party data platforms inside large health systems.

  • Optum (UnitedHealth Group)

    Payer-owned analytics and services arm offering healthcare data, analytics and population health management to providers and plans.

  • Premier, Inc.

    Group purchasing organization and healthcare improvement company with performance analytics and supply chain data products.

  • Strata Decision Technology

    Cloud financial planning and analytics platform for hospitals and health systems.

Health Catalyst Investment FAQ

Health Catalyst FAQ

Yes, Health Catalyst is publicly traded under the ticker symbol HCAT on the NASDAQ. The company went public in July 25, 2019.

Health Catalyst trades under the ticker symbol HCAT on the NASDAQ. It began trading in July 25, 2019.

Health Catalyst (HCAT on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker HCAT to place an order.

Health Catalyst went public in July 25, 2019 via ipo, with an offering valuation of approximately $1B. Health Catalyst completed its initial public offering on Nasdaq Global Select Market under the ticker HCAT, with shares beginning trading on July 25, 2019, at an IPO price of $26.00 per share. The 7.0 million share offering raised approximately $182M in gross proceeds. The company has been publicly traded since.

Health Catalyst raised $377M across 8 disclosed funding rounds prior to its public listing.

Health Catalyst was co-founded by Steven Barlow, and Thomas Burton in 2008.

Health Catalyst is headquartered in South Jordan, Utah, USA.

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