What You Should Know:
– Huma Therapeutics Limited, a leading global healthcare AI company, today announced the closing of its Series D funding round, securing over $80M to fuel the launch of its revolutionary Huma Cloud Platform.
– The Huma Cloud Platform is a first-of-its-kind GenAI-powered ‘Shopify-like’ experience for the digital health ecosystem to design, build and launch innovations quickly. The platform is built on a robust global regulatory foundation and aims to reduce the time it takes to develop and launch digital health projects at scale from years to as little as a few days.
Huma Cloud Platform: A Game Changer for Digital Health Development
Traditionally, building and launching compliant digital health solutions is a slow and arduous process. The Huma Cloud Platform cuts through this complexity by offering a comprehensive suite of tools including:
- No-code configuration: Build disease-specific tools without writing a single line of code.
- Pre-built modules: Leverage pre-designed components for faster development.
- Device connectivity: Connect seamlessly with various healthcare devices.
- Cloud-agnostic framework: Deploy the platform on your preferred cloud infrastructure.
- API access: Integrate the platform with existing systems for a holistic solution.
- AI/ML hosting: Develop and deploy advanced diagnostic and predictive AI algorithms.
- Marketplace: Access additional tools and functionalities.
Built on a Strong Regulatory Foundation
The Huma Cloud Platform is built upon Huma’s existing suite of compliant digital health products. In 2023, Huma achieved a groundbreaking milestone by becoming the first and only configurable, disease-agnostic platform to receive FDA Class II, EuMDR Class IIb, and Saudi FDA Class C certifications. This pre-vetted regulatory foundation significantly reduces the time, cost, and risk associated with launching digital health projects.
Huma’s Track Record of Success
Huma’s technology already powers projects in over 3,000 hospitals and clinics, engaging and screening more than 35 million individuals. Their platform boasts 1.8 million active users across over 70 countries. The company has doubled its revenue year-on-year and is on track to achieve profitability in 2024.
Collaboration and Innovation
Huma actively collaborates with leading players in the healthcare industry, including over half of the top 20 pharmaceutical companies globally. Partnering with Google and others, Huma is developing next-generation AI models like “10x Nurse” to automate administrative tasks and streamline patient review processes. These advancements hold immense potential for efficient chronic disease management and real-time patient monitoring.
“I am thankful for the support of our new and existing shareholders, helping our vision become a reality, which we are closer to than ever before. We are here to accelerate the adoption of digital and AI across care and research, and we do that by making the building of digital health solutions for care and research easy. We like to think of Huma Cloud Platform much like Shopify but for digital health instead of e-commerce. We believe when digital and AI are scaled, they become affordable for both the poor and the rich. They remain consistent and will help us transition medicine from being reactive to proactive,” said Dan Vahdat, Founder and CEO of Huma.
