What You Should Know:
- AssistIQ, an AI company utilizing computer vision to revolutionize how hospitals manage surgical and procedural supply chains secures $11.5M in Series A funding round led by Battery Ventures, with participation from return investor Tamarind Hill. With this funding, Battery Ventures Principal Brandon Gleklen will join AssistIQ’s Board of Directors.
- The company’s platform is gaining traction across academic and community hospitals, capturing every item used in
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Brooklyn Health Secures $6.5M to Expand AI-Powered Precision for Clinical Trial Endpoints
What You Should Know:
- Brooklyn Health, a neuroscience technology company focused on objective measurement of mental health announced it has secured $6.5M in seed funding led by HealthX, with participation from Metrodora Ventures, Story Ventures, RiverPark Ventures, Laconia Capital, Everywhere Ventures, Hypothesis Studio, Blue Falcon Capital, and others.
- The funding coincides with the company's debut of its new electronic clinical outcome assessment (eCOA) solution, Willis. Willis
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WellTheory Secures $5M to Launch AI Tools to Transform Autoimmune Care
What You Should Know:
- WellTheory, a whole-person care platform for autoimmune disease secures $5M in new funding and the successful rollout of its proprietary AI tools, Care Hub and Care Scribe, across its care operations.
- New investors Samsung Next, Opal Ventures, and Up2 Fund joined the round, with continued support from existing investors Accel, OVO Fund, and BoxGroup.
- The new capital will fuel the company’s expansion into the employer and health plan markets and
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WorkDone Secures $1.8M to Tackle EHR Documentation Errors with AI Copilot
What You Should Know:
- WorkDone, a healthcare AI startup closes $1.8M in pre-seed funding round aimed at tackling one of healthcare's most costly and persistent challenges: documentation errors in Electronic Health Records (EHRs).
- The round, which took place in April this year, saw backing from Pioneer Fund, DVC, Fjor, Ryan Chan, Eric Norman, and other notable early-stage investors.
Addressing a Costly Challenge in Healthcare Documentation
Inaccurate or incomplete
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Axle Health Secures $10M to Transform Home Healthcare Operations with AI-Powered Logistics
What You Should Know:
- Axle Health, a pioneering technology company focused on transforming home healthcare operations secures $10M in Series A financing round led by F-Prime, with participation from Y Combinator, Pear VC, and Lightbank.
- The new capital infusion will fuel Axle Health's aggressive expansion plans. The company intends to scale its proprietary healthcare logistics platform, enhance its AI-powered scheduling and routing algorithms, accelerate the development of its
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Biostate AI Secures $12M to Optimize RNA Sequencing, Precision Medicine
What You Should Know:
- Biostate AI, an innovator at the intersection of artificial intelligence and RNA sequencing raises $12M in Series A funding spearheaded by Accel, with participation from Gaingels, Mana Ventures, InfoEdge Ventures, and existing investors Matter Venture Partners, Vision Plus Capital, and Catapult Ventures. This brings the company's total funding to over $20M.
- The newly acquired funds will be pivotal in advancing Biostate AI’s mission to unlock affordable and
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Sprinter Health Secures $55M to Expand In-Home Care for Hard-to-Reach Populations
What You Should Know:
- Sprinter Health, a company specializing in delivering in-home clinical services secures $55M in Series B funding led by General Catalyst, with significant participation from Andreessen Horowitz (a16z) Bio + Health, and other existing investors including the Regents of the University of California, Google Ventures, and Accel.
- This latest investment brings Sprinter Health's total funding to over $125M since its founding in 2021. Sprinter Health's mission
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Akido Labs Secures $60M to Expand AI-Powered ScopeAI and Tackle Physician Shortage
What You Should Know:
- Akido Labs, Inc. (“Akido”), an AI and care delivery company dedicated to reimagining healthcare raises $60M in Series B funding led by Oak HC/FT, with participation from Greco, SNR, and existing investors including Y Combinator, Future Communities Capital, Jeff Dean (Chief Scientist, Google DeepMind & Google Research), and the Comprehensive Blood & Cancer Center.
- The investment will be channeled towards expanding the reach and capabilities of Akido’s
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SpotitEarly Enters U.S. Market with $20.3M for AI & Canine-Powered Cancer Test
What You Should Know:
- SpotitEarly, a biotech company pioneering a non-invasive approach to early cancer detection, has officially launched its U.S. operations following a $20.3 million funding round.
- The company aims to revolutionize cancer screening through its breath-based diagnostic platform, which integrates advanced AI with canine scent detection to identify cancer-associated volatile organic compounds (VOCs) with 94% accuracy, as demonstrated in a 1,400-participant trial
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Cohere Health Secures $90M to Expand AI-Powered Platform Transforming Health Plan Clinical Decision-Making
What You Should Know:
- Cohere Health®, a leader in clinical intelligence solutions tailored for health plans and risk-bearing providers raises $90M in a Series C funding round led by Temasek, with continued strong support from existing investors including Deerfield Management, Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners. This latest round brings Cohere Health's total funding to an impressive $200M.
- The infusion of new capital is earmarked to
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