Today, Cigna Ventures (CV), the corporate venture fund of global health service company Cigna, announced that it’s leading a $23M Series D round of funding in GNS Healthcare (GNS), a highly specialized AI company that turns millions of data streams into personalized insights that precisely match the appropriate clinical care/treatment intervention to the right patient at the right time.
Cigna joins other leading carriers and health plans and GNS investors, including Cambia Health Solutions, Echo Health Ventures, Horizon Blue Cross of NJ and Heritage Provider Network, as well as leading biopharma companies, including Amgen Ventures, Celgene Corporation and Zambon Pharmaceuticals, and other investors Mitsui, GHO Capital, Alexandria Venture Investments, Fort Rock Capital and Gary Loveman.
Founded in 2000, GNS brings an unparalleled depth and breadth of experience in leveraging artificial intelligence to solve healthcare’s most crucial problems. GNS’s causal AI technology transforms data streams into in silico patients that precisely match therapeutics, procedures and care management interventions to individuals to drive personalized clinical care and medicine and improve health outcomes. The latest funding round will enable Cigna and others to deliver on increasing consumer demand for personalization in new and more effective ways.
GNS Healthcare’s patented causal learning and simulation platform, REFS (Reverse Engineering & Forward Simulation) analyzes data sets beyond correlation, instead inferring causal mechanisms between variables to answer questions such as: How will the patient respond to this treatment? What if we choose one intervention over another? REFS is the only commercially available platform that infers causal mechanisms from patient data at scale from traditional healthcare and emerging data sources to bring the promise of precision medicine within reach.
“We are thrilled to have Cigna contribute to our next phase of growth,” said Colin Hill, Chairman, CEO and Co-Founder of GNS Healthcare. “As one of the largest and most forward-thinking global health services companies, Cigna is the perfect complement to our cadre of leading biopharma companies and health plan partners committed to improving patient outcomes through causal AI and the precision healthcare it enables.”