DigitalOwl

Company Overview

Snapshot

Founded in November 2017 by Yuval Man and Amit Man, DigitalOwl operates with 51–200 employees. The company raised $40.41 million across 6 funding rounds from 8 investors. In September 2025, DigitalOwl was acquired by Datavant.

Business overview

DigitalOwl specializes in developing an AI-powered natural language processing solution designed for analyzing and summarizing medical records. The company's platform is specifically engineered for the insurance industry, offering faster and more accurate reviews of medical records compared to manual processes. By extracting key medical information, DigitalOwl provides focused summaries and an intuitive navigation system, delivering critical data points to users within hours. The company operates within the Health Tech & Life Sciences sector, with a focus on Digital Healthcare and Insurtech, serving insurance companies and legal services.

Strategic signal

The acquisition of DigitalOwl by Datavant in September 2025 for over $200 million represents a significant validation of its AI-powered medical record summarization technology. This exit signals strong market demand for efficient, AI-driven solutions in healthcare data analysis, particularly for insurance and legal sectors, and indicates a strategic move by Datavant to enhance its data ecosystem with DigitalOwl's specialized capabilities.

Company Intelligence Q&A

What was the most significant recent corporate milestone for DigitalOwl?

In September 2025, DigitalOwl was acquired by Datavant for over $200 million, marking a major exit for the company.

When did DigitalOwl last raise a funding round?

DigitalOwl secured a funding round in January 2024, with RGAX participating as a lead investor.

Which investors participated in DigitalOwl's Series A round?

In January 2022, DigitalOwl raised a Series A round with participation from Insight Partners.

When did DigitalOwl emerge from stealth mode?

DigitalOwl emerged from stealth in February 2021, introducing its AI platform for analyzing and summarizing medical records.

Did DigitalOwl secure any grants or non-equity funding?

In July 2018, DigitalOwl received a grant from Xcelerator and TAU Ventures, which supported the development of its AI platform.