Datavant Secures New Funding Round Led by KKR and Neuberger Berman

Key Facts

1Datavant announced it will receive a funding round from investors including KKR and Neuberger Berman.

2Existing investor New Mountain Capital will retain its control position following the transaction.

3The common stock issuance transaction is expected to close in the fourth quarter of 2026.

In a move reflecting the continued appeal of the data sector for major institutional investment, Datavant announced it has secured a new funding round through the issuance of common stock. According to reports, the round is led by a group of prominent investors including KKR and Neuberger Berman. The transaction is expected to close in the fourth quarter of 2026, strengthening the company's capital position to support its growth initiatives.

Based on analyst data, existing investor New Mountain Capital will retain its controlling position in Datavant following the completion of the stock issuance. This investment by private equity giant KKR underscores confidence in the company's business model, as the deal reflects a strategic trend toward partnering with global asset managers to scale operations.

Regarding associated instruments, KKR stock closed at $102.27 (close of September 14, 2026), with a daily range between $100.38 and $102.32 per market data. Investors are looking toward the deal's closure at year-end as a catalyst for KKR’s investment portfolio within the technology and data sectors.