Verily Raises $1 billion Growth Round

Verily raised $1,000M in Growth Round financing led by Silver Lake, with participation from Silver Lake, Temasek. AI health research and life sciences platform. The new capital is framed around Scale AI diagnostic tools and expand precision health programs.

What it does

AI health research and life sciences platform. The business sits in Healthcare & Life Sciences, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.

Traction

Project Baseline enrolled 10,000 participants; AI retinal screening deployed in 20 countries. Management framed the new capital around Scale AI diagnostic tools and expand precision health programs.

Trend impact

AI-powered preventive health platform competing with traditional pharma. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.

Funding history

• January 1, 2022 · Growth Round · $1 billion · Silver Lake

Products & services

• Healthcare & Life Sciences workflow monitoring tied to the funding announcement
• Customer-facing product described on the company website
• Operational tooling for healthcare & life sciences teams
• Data capture and reporting across core business processes
• Team expansion support funded by the latest round