Anterior Raises $20 Million in Series A

by Kay Aloha Villamor in June 11th, 2024

Anterior, a New York-based AI company built by clinicians to transform healthcare administration, raised $20 million in Series A funding round.  

Investors  

The round was led by New Enterprise Associates (NEA), with participation from Sequoia Capital, Blue Lion Global, and Neo.  

New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors, and geographies. Founded in 1977, NEA has over $25 billion in assets under management as of June 30, 2023, and invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO.  

Anterior Use of Funds  

The company will use the funding to accelerate its hiring and growth strategies.  

About Anterior  

Founded by Abdel Mahmoud, M.D., Anterior is a clinician-built generative AI company that utilizes advanced technology to reduce a near trillion-dollar administrative burden in U.S. Healthcare. The company's AI clinical co-pilot, named Florence (Nightingale), is designed to assist in various healthcare administrative workflows. Anterior is on a mission to unlock doctors and nurses from the administrative burden they experience.  

Funding Details                                                                    

Company: Anterior, Inc.  

Raised: $20.0M                                                       

Round: Series A    

Funding Month: June 2024                                             

Lead Investors: New Enterprise Associates (NEA)   

Additional Investors: Sequoia Capital, Blue Lion Global, Neo  

Company Website: https://www.anterior.com/   

Software Category: Healthcare AI  

Source: https://www.businesswire.com/news/home/20240610719247/en/

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