Hive Networks
Collaborative digital platform for patient health outcomes.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Hive Networks, Inc. is a digital health company that provides a collaborative platform for what are known as Learning Health Networks (LHNs). Founded in 2019 and headquartered in Newport, KY, the company was established with technology licensed from Cincinnati Children's Hospital. The founding work is based on over a decade of research to create a new healthcare model focused on value. In April 2025, Hive Networks was acquired by Vora Ventures, a private equity firm, to expand its global impact.
The company's core mission is to improve the quality of life and health outcomes for people, particularly those with rare and chronic diseases, by bringing together patients, clinicians, and researchers. The platform operates on a non-hierarchical model, empowering patients, their families, caregivers, clinicians, and researchers to collaborate, share data, and exchange knowledge to accelerate improved care and research. This model, which unites social science, improvement science, and data science, facilitates peer-to-peer engagement and has been adopted by over 600 clinical care sites globally. The business serves clients like ImproveCareNow, the International Rett Syndrome Foundation (IRSF), and the Improving Renal Outcomes Collaborative (IROC), applying its LHN model to conditions such as pediatric inflammatory bowel disease (IBD), Rett syndrome, and mental health. For instance, its partnership with the ImproveCareNow network resulted in a 22% increase in remission rates for pediatric IBD patients.
The proprietary, HIPAA-compliant platform consists of three main components: a software platform for peer-to-peer sharing, consulting services to support community growth, and connections to major industry research initiatives. The company's CEO is Dr. Yousuf Ahmad, who has over 25 years of experience in various healthcare leadership roles. Hive Networks was established with funding from public and private investors, including CincyTech and JobsOhio Growth Capital.
Keywords: Learning Health Networks, LHN, digital health, collaborative healthcare, patient outcomes, rare diseases, chronic diseases, clinical data, patient-reported data, healthcare technology, Cincinnati Children's, Vora Ventures, ImproveCareNow, Rett Syndrome, pediatric IBD, healthcare collaboration, peer-to-peer healthcare, clinical research, health data sharing, medical communities