Infinitus Systems, a San Francisco, CA-based AI healthcare company, has raised $51.5 million in Series C funding, bringing its total funding to $102.9 million.
The company also launched its FastTrack AI copilot, designed to reduce call center inefficiencies, improve patient support, and enhance healthcare workforce productivity.
Investors
The round was led by Andreessen Horowitz, with participation from Memorial Hermann Health System, Kleiner Perkins, Coatue, and GV (Google Ventures).
Andreessen Horowitz (a16z) is a venture capital firm that backs bold entrepreneurs who are building the future through technology. The firm invests across various stages, from seed to growth, and in multiple sectors, including AI, biotech, healthcare, consumer, crypto, enterprise, fintech, gaming, infrastructure, and American dynamism. a16z has $44B in committed capital across multiple funds.
Infinitus Systems Use of Funds
The funds will accelerate Infinitus' mission of transforming healthcare operations through automation.
About Infinitus Systems
Infinitus Systems provides AI-driven solutions to automate manual phone calls in the healthcare industry. Through a combination of a multimodal AI system, human-in-the-loop guardrails, and an extensive knowledge graph, Infinitus automates data collection traditionally gathered through human-made phone calls. Infinitus' flagship product, FastTrack, helps healthcare staff, such as reimbursement specialists and call center agents, bypass complex IVR (Interactive Voice Response) systems and long hold times when contacting payors.
Funding Details
Company: Infinitus Systems, Inc.
Raised: $51.5M
Round: Series C
Funding Date: October 2024
Lead Investor: Andreessen Horowitz
Additional Investors: Memorial Hermann Health System, Kleiner Perkins, Coatue, GV (Google Ventures)
Company Website: https://www.infinitus.ai/
Software Category: Healthcare AI Communication
Source: https://www.prnewswire.com/news-releases/infinitus-systems-raises-51-5-million-series-c-funding-on-the-strength-of-ai-guardrails-302283847.html