Health Data Analytics Institute (HDAI), a Boston, MA-based artificial intelligence (AI) company focused on healthcare, raised $31 million in oversubscribed Series C funding.
SaaS Investors
Invus led the funding round.
Invus is an evergreen equity investment platform with approximately 10 billion of capital under management and principal offices in New York, Paris, and Hong Kong.
HDAI Use of Funds
The company plans to use the funds to scale its predictive risk platform.
About Health Data Analytics Institute
Health Data Analytics Institute is a care optimization, decision support and provider enablement company powered by big data, AI-powered analytics, expert insights and point-of-care technology solutions. The company's HealthVision™ platform uses predictive analytics and generative AI to analyze a patient's medical history, including unstructured clinical notes and administrative data, to create a concise summary of the patient's clinical chart, and state of health, to quantify and prioritize specific clinical risks. HDAI collaborates with leading health systems, value-based care organizations, physician groups, and payers to improve care delivery, and population health, reduce cost, and make efficient use of scarce clinical resources.
Funding Details
Company: Health Data Analytics Institute, Inc.
Raised: $31.0M
Round: Series C
Funding Month: September 2023
Lead Investors: Invus
Additional Investors:
Company Website: https://www.hda-institute.com/
Software Category: Clinical Decision Support Software
Source: https://www.prnewswire.com/news-releases/health-data-analytics-institute-hdai-announces-31-million-funding-round-to-scale-predictive-risk-platform-301944429.html