This roundup will likely be revealed month-to-month. It’s meant to spotlight among the most notable funding rounds of the month and isn’t supposed to be complete.
Here’s a checklist of among the most notable funding spherical bulletins that came about this March within the supplier expertise house.
Zephyr AI’s $111M Sequence A spherical
Zephyr AI introduced the shut of a $111 million Sequence A funding spherical. The Virginia-based healthcare AI startup, which was based in 2021, is growing a precision drugs platform to enhance oncology and cardiometabolic illness care.
The startup’s expertise combines affected person information and AI to “extract novel insights to higher outline affected person stratification and response predictions in addition to enhance federation of real-world information,” Grant Verstandig, co-founder and government chair, mentioned in a press release.
Nalu Medical’s $85M Sequence E spherical
Carlsbad, California-based Nalu Medical accomplished its $85 million Sequence E financing spherical. The corporate, based in 2014, acquired $20 million from B Capital this month, with the remaining $65 million having been raised in late December.
Nalu is utilizing the funds to advance the event and commercialization of its neurostimulation system, which treats continual ache by delivering focused electrical pulses to disrupt ache alerts within the nervous system.
Hippocratic AI’s $53M Sequence A spherical
Hippocratic AI closed a $53 million Sequence A funding spherical. The Palo Alto-based startup was based roughly 10 months in the past with a mission to develop the healthcare trade’s “first safety-focused massive language mannequin.”
The corporate is growing a healthcare LLM with a concentrate on patient-facing functions — resembling a mannequin that gives sufferers with tailor-made weight-reduction plan planning or a generative AI-powered lactation guide to assist moms after childbirth.
CodaMetrix’s $40M Sequence B spherical
CodaMetrix, an AI platform for hospital income cycle administration, raked in $40 million in Sequence B funds.
The Boston-based firm, which was launched out of Mass Common Brigham in 2019, goals to simplify the difficult strategy of translating affected person information into codes for billing and scientific analysis. To alleviate the issue, CodaMetrix has developed machine studying software program designed to automate the medical coding course of.
Nourish’s $35M Sequence A spherical
New York-based telenutrition platform Nourish raised $35 million in a Sequence A financing spherical. The startup, based in 2021, seeks to attach individuals to insurance-covered dietician visits.
Nourish goals to offer individuals entry to personalised vitamin care “that has traditionally been restricted to a subset that may afford to spend hundreds of {dollars} out-of-pocket,” COO Sam Perkins mentioned in a press release.
Pi Well being’s $30M Sequence A spherical
Pi Well being, which was based in 2021, closed a $30 million Sequence A funding spherical. The Massachusetts-based firm’s expertise connects life science sponsors to trial websites to advance scientific analysis.
The startup’s software program seeks take away bottlenecks from immediately’s scientific trials infrastructure — which is “a maze of Excel spreadsheets, paper binders and handbook information entry into varied point-solutions,” based on a press release from Brenton Fargnoli, a accomplice at AlleyCorp who invested in Pi Well being.
InStride Well being’s $30M Sequence B spherical
InStride Well being, a digital care supplier for pediatric sufferers with anxiousness and OCD, acquired $30 million in Sequence B funds.
The Boston-based startup delivers insurance-covered pediatric psychological well being therapy utilizing a care mannequin developed by two of its co-founders, who’re Mass Common Brigham clinicians.
Picture: Nicolas Mero, Getty Photographs
