Navina Raises $22 Million To Improve Patient Care With AI EHR Solution
Navina has announced a $22 million series B funding round, planning to continue to improve their AI solution for automated patient medical record insights.
Created on October 28|Last edited on October 28
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Keeping track of a patient's electronic health records is a necessary part of the job for physicians. However, weeding through a patient's medical history to find all the relevant pieces of information takes away time that could better be spent talking to patients face-to-face.
That's why Navina developed an AI solution to speed up and automate the process of working with patient medical records. It is trained on the complex language of medicine and builds a patient portrait from historical medical records. This patient portrait is then computed by the AI to quickly provide insights and potential diagnoses for physicians so that they can spend less time sifting through the messy data themselves.
Who's funding Navina and where's the money going?
Navina has just announced the completion of a series B funding round of $22 million, doubling their total raised to $44 million. This round was led by ALIVE Israel HealthTech Fund together with participation from three returning investors Grove Ventures, Vertex Ventures Israel, and Schusterman Family Investments.
They will use the raised money to continue growth through the US market, as well as further invest and improve their AI solution to expand integrations and improve the tool for physicians.
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