Mubadala announced a strategic investment in Zelis, a leading provider of healthcare technology solutions in the United States.

This is the largest investment that Mubadala has made in the healthcare space and its first meaningful venture into payer and provider technology—priority sub-sectors for us within healthcare IT.

Zelis is modernizing the healthcare financial experience by providing a connected platform that bridges the gaps and aligns interests across payers, providers, and healthcare consumers. Zelis serves more than 750 payers, including the top five national health plans, regional health plans, TPAs, and millions of healthcare providers and consumers across its platform of solutions. Mubadala’s investment supports the company’s continued innovation, expansion, and product development.

For Mubadala, Zelis represents an opportunity to scale exposure to healthcare infrastructure through digital enablement. The investment also supports a critical sector where rising costs and system complexity are driving demand for integrated, technology-driven solutions.

This transaction is consistent with Mubadala’s broader approach in the United States market, where it has built a portfolio across financial services, digital infrastructure, and life sciences. Zelis adds to this strategy by combining commercial strength with differentiated solutions that can unlock efficiencies and create better outcomes for everyone engaged in the care journey.

Mubadala will continue to support companies that sit at the intersection of technology, infrastructure, and essential services—building long-term value and improving outcomes across sectors.