Corti, a Copenhagen, Denmark-based AI co-pilot for healthcare interactions, raised $60 million in Series B funding.
SaaS Investors
The round was co-led by Prosus Ventures and Atomico, with participation from existing investors Eurazeo, EIFO, and Chr. Augustinus Fabrikker.
Founded in 2015, Prosus Ventures is the corporate venture capital arm of Prosus, based in Hoofddorp, Netherlands. The firm seeks to invest in technology companies operating in the e-commerce, mobility, and logistics, fintech and blockchain, agritech and sustainability, SaaS, and B2B sectors across India, Southeast Asia, Europe, and the Americas.
Atomico is a European Venture Capital firm that focuses on helping disruptive technology companies scale globally. The firm prefers investing in business products, business services, consumer products, consumer services, energy, financial services, information technology, materials, and resources sectors based in Europe, Asia, North America, and South America. Founded in 2006 and is headquartered in London, with offices in Paris, Berlin, and Stockholm.
Corti Use of Funds
The newly acquired capital will support Corti in its ongoing growth efforts within the healthcare sector, particularly through advanced AI technology that can comprehend patient needs and streamline clinician workflows. Additionally, Corti will expand its AI capabilities in public safety, helping call takers at Public Safety Answering Points (PSAPs) enhance the quality and efficiency of their conversations and improve triage processes. The funding will fuel Corti's expansion globally, growing its team and client base.
About Corti
Founded in 2016 by Lars Maaløe and Andreas Cleve, Corti has developed a medical AI system that focuses on both text and audio data. Its proprietary AI software provides real-time guidance during patient interactions and emergency calls. It also assists in documentation, coding, triage, and quality assurance. Over the past two years, Corti has experienced significant growth and has established collaborations with major healthcare providers, public safety agencies, and health insurers in Europe and the United States. The company interacts with approximately 100 million patients annually and augments the work of professionals over 150,000 times a day.
Funding Details
Company: Corti ApS
Raised: $60.0M
Round: Series B
Funding Month: September 2023
Lead Investors: Prosus Ventures and Atomico
Additional Investors: Eurazeo, EIFO, and Chr. Augustinus Fabrikker
Company Website: https://www.corti.ai/
Software Category: Medical AI Platform
Source: https://www.corti.ai/stories/corti-raises-60m-in-series-b-funding-to-accelerate-healthcare-ai-innovation-and-expand-work-in-public-safety