Cercle, a San Francisco, CA-based AI company focused on enhancing women’s healthcare, has raised $6 million in seed funding.
Investors
The round was led by Outsiders Fund, with participation from FemHealth Ventures, CGHealth Ventures, Rogue Women’s Fund, and existing investors Sheryl Sandberg and Tom Bernthal.
Outsiders Fund is a venture capital investment firm that focuses on identifying opportunities where technology will disrupt traditional, incumbent industries. The firm was founded in 2020 and is based in New York, New York.
Cercle Use of Funds
The company will use the new funds to broaden its application beyond the fertility market, expand its global footprint, and enhance its engineering and product development efforts, including advancements in its LLM offerings.
About Cercle
Cercle is an AI company dedicated to transforming women’s healthcare by unlocking insights from de-identified healthcare data. Its platform, the Cercle Biomedical Graph™, processes unstructured data to provide real-time, high-quality insights that help healthcare providers improve patient care and operational efficiency. Cercle leverages AI to generate actionable insights across various areas, including fertility, menopause, and women’s oncology. The platform is already used by clinics like US Fertility and Boston IVF.
Funding Details
Company: Cercle.AI, Inc.
Raised: $6.0M
Round: Seed Round
Funding Date: September 2024
Lead Investor: Outsiders Fund
Additional Investors: FemHealth Ventures, CGHealth Ventures, Rogue Women’s Fund, Sheryl Sandberg, Tom Bernthal
Company Website: https://www.cercle.ai/
Software Category: Healthcare Insights
Source: https://www.cercle.ai/cercle-secures-6m-seed-fundraise-to-advance-womens-healthcare