News & Scoops
Rishi Shah talks about his billion-dollar deal./Photo courtesy Steve Becker photography 0

Chicago tech entrepreneur finds his way to billionaire status

June 7th, 2017

Rishi Shah, who quit college to pursue his entrepreneurial dreams, became a billionaire last week. And his business partner, Shradha Agarwal is close behind.

Their windfall came with a $600 million infusion of venture capital into Outcome Health, the Chicago health-tech company they founded in 2006. It’s now valued at $5.6 billion.

Outcome Health installs touch screens in doctors’ offices and uses specialized software to help physicians and patients make treatment decisions. It also a dream for health-care marketers and pharmaceutical companies.

Shah and Agarwal have been dogged in building the company on their own. Last week’s investment infusion came primarily from Chicago-based Pritzker Group, Goldman Sachs, CapitalG, which is connected to Google.

Shah’s success isn’t a surprise to his family. Get the details in my Taking Names column in the Chicago Sun-Times.

Tags: ,

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑