ScienceIO, the data science company transforming healthcare, emerged from stealth mode today with $8 million in seed funding from notable technology and life sciences investors.
The round was led by CEO Will Manidis, Thiel Fellow and former managing partner of Dorm Room Fund, and President and COO Gaurav Kaushik, Ph.D., former lead of real-world data products at Foundation Medicine.
Additional investors include Quiet Capital, Jeff Silverstein, Dorm Room Fund, Toba Capital, Swell Partners, Neal Khosla, Oliver Cameron, Jude Gomila, Packy McCormick, Turner Novak, Ankur Nagpal, Harry Hurst, Jack Altman, Austin Rief, Scott Belsky, Todd and Rahul's Angel Fund and Earl Grey Capital.
ScienceIO will use the funding to continue expanding its machine learning repositories and healthcare AI capabilities, upgrading its NLP capabilities, and advancing programs with key healthcare systems. The company will also expand its engineering, product, and commercial teams and is launching an API early access program for developers.
Company: CASCADE BIO, INC.
Raised: $8.0M
Round: Seed Round
Funding Month: October 2021
Lead Investors: Will Manidis, Thiel Fellow, and Gaurav Kaushik
Additional Investors: Quiet Capital, Jeff Silverstein, Dorm Room Fund, Toba Capital, Swell Partners, Neal Khosla, Oliver Cameron, Jude Gomila, Packy McCormick, Turner Novak, Ankur Nagpal, Harry Hurst, Jack Altman, Austin Rief, Scott Belsky, Todd and Rahul's Angel Fund and Earl Grey Capital
Company Website: https://www.science.io/
Software Category: Healthcare AI platform
About the Company: ScienceIO is the data science company that's transforming healthcare. ScienceIO proprietary AI platform makes it easier for healthcare organizations to understand their data and make it useful. Healthcare professionals can design workflows, make decisions, and deliver better patient outcomes faster using ScienceIO's APIs. Backed by leading investors and driven by a visionary founding team, ScienceIO is sparking change that will make healthcare a better system for everyone. the company uses AI to help healthcare providers and payors organize large amounts of patient data, improve workflows and deliver better patient outcomes.
Source: https://www.prnewswire.com/news-releases/scienceio-launches-with-8-million-seed-to-fix-healthcares-data-problem-301399399.html