Editor’s Observe: This roundup is supposed to spotlight among the most notable funding rounds of the month and isn’t supposed to be complete.
Well being tech corporations made a number of main funding bulletins in July, and people centered on AI raked within the large bucks. Here’s a listing of among the largest funding rounds.
Atmosphere Healthcare raises $243 million in Collection C funding
San Francisco-based Atmosphere Healthcare is a startup offering an AI-powered platform for documentation, coding and scientific workflow. It helps greater than 100 ambulatory specialties, emergency departments and inpatient specialties. A few of its prospects embody Cleveland Clinic, UCSF Well being, Houston Methodist and Memorial Hermann.
Its $243 million Collection C spherical was co-led by Oak HC/FT and Andreessen Horowitz (a16z), and included participation from the OpenAI Startup Fund, Kleiner Perkins, Optum Ventures, Frist Cressey Ventures, City Corridor Ventures, Smash Capital, Georgian and Founders Circle Capital. The corporate has gained unicorn standing and now has a valuation of $1.25 billion.
The financing will assist the corporate broaden its AI platform and “speed up the supply of merchandise that make administrative duties invisible, knowledge correct by default, and care groups simpler in every single place,” in accordance with the announcement.
Aidoc secures $150 million in funding
Aidoc is an Israeli scientific AI startup that goals to streamline radiologists’ workflows by means of its scientific choice assist expertise. Its platform screens incoming affected person knowledge and makes use of AI to determine and measure crucial indicators of situations like stroke, pulmonary embolism, lesions and fractures.
The $150 million funding spherical was led by Common Catalyst and Sq. Peg and included participation from Hartford HealthCare, Mercy, Sutter Well being and WellSpan Well being. In whole, the corporate has raised $370 million.
The funding will assist the event of CARE, Aidoc’s clinical-grade basis mannequin, the announcement said.
OpenEvidence Rakes in $210 million in Collection B funding
Cambridge, Massachusetts-based OpenEvidence gives a scientific choice assist platform and medical search engine that’s utilized by greater than 10,000 hospitals and medical facilities. With the platform, clinicians can enter scientific questions and affected person case particulars and obtain related medical information and analysis to assist them make knowledgeable choices.
The $210 million Collection B spherical was co-led by Google Ventures and Kleiner Perkins and included participation from Sequoia Capital, Coatue, Conviction and Thrive. The corporate has raised greater than $300 million in whole and has reached a valuation of $3.5 billion.
The funding will assist “broaden strategic content material partnerships that improve its library of superior medical information,” in accordance with the announcement.
Photograph: StockFinland, Getty Photos
