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Definitive Healthcare was founded in 2011 by Jason Krantz. The company initially offered reference and affiliation data on U.S. healthcare organizations and providers. Through its Monocl, Populi, and Carevoyance acquisitions, Definitive Healthcare expanded its data offerings for biopharmaceutical companies, medical device companies, and provider organizations.
In 2015, Spectrum Equity acquired a minority stake in Definitive Healthcare. In 2019, Advent International acquired a majority stake in the parent company of Definitive Healthcare, alongside existing investors and the founder.
The company became publicly listed on the Nasdaq under the ticker symbol DH in September 2021, raising approximately US$420 million.