Danish government, others invest $60M in medical AI company
Corti, a Copenhagen, Denmark-based artificial intelligence company, received $60 million in a Series B funding round.
The round was co-led by the venture arm of Amsterdam, Netherlands-based Prosus, a large tech investment group, and venture capital firm Atomico. Other investors were investment firms Eurazeo and Chr. Augustinus Fabrikker and the Export and Investment Fund of Denmark, a financing and investment fund backed by the Danish state government.
Corti has developed an AI “co-pilot” that can follow a patient’s interaction within a health system. It assists clinicians and provides journaling, coding and quality assurance services. Corti said it has worked with insurers in Europe and the U.S. covering about 100 million lives.
With this funding, the company said it is looking to scale globally. Corti has raised nearly $90 million to date, including this latest round.
Allina spinoff gets $30M for home health
Inbound Health, a home health tech company, received $30 million in a Series B funding round.
Inbound provides health systems turnkey hospital-at-home solutions for acute and post-acute care.
Minneapolis-based Allina Health launched Inbound as its home hospital care program in 2020. It was spun off in November 2022 as a separate company with $20 million in funding from Flare Capital Partners and McKesson Ventures.
Flare and McKesson participated in this latest round along with venture capital firm HealthQuest Capital. In a news release, Inbound said it will use the funding to expand into new markets, develop its clinical programs and invest in its analytics program.
Inbound has received $50 million in funding to date, including this latest round.
Digestive health startup nabs $31M; Intermountain among investors
Vivante Health, a digestive health startup, raised $31 million in a Series B funding round. The company offers a digital digestive solution to employers and health plans. The venture arm of Salt Lake City-based Intermountain Health was one of the investors in the round.
Medical robotics company gets $25M from Northwestern Medicine, others
Diligent Robotics, a robotic automation company, will receive $25 million in financing.
Venture capital firm Canaan led the round, but other investors were Chicago-based Northwestern Medicine and VC firms True Ventures, DNX Ventures and Next Coast Ventures.
Diligent has developed Moxi, a robot that hospitals can use to improve operational efficiency. The robot can deliver supplies, equipment, medications and lab samples. It has been adopted by 22 health systems, Diligent said in a news release.
Diligent said it will use the funding to triple its market reach. The company has raised more than $70 million, including this latest round.
Take Command takes in $25M
Take Command, a healthcare benefits platform company, raised $25 million in growth equity.
Edison Partners, an investment firm, led the round. Edison previously invested in health tech firms like Capital Rx, Zelis Healthcare and Lokavant.
Take Command works with small and mid-market employers to help them administer individual coverage health reimbursement arrangements. The company’s platform technology guides employers in how to offer these types of plans.
Take Command said it would use the funds to grow its sales and marketing teams, build out its technology platform and add new markets. The company has raised $46 million to date, including this latest round.
Data company Briya Raises $11.5M
Briya, a healthcare data exchange company, announced it closed an $11.5 million Series A round.
The company, which offers systems to exchange patient data between providers, said funding will support its growth in the U.S. To date, the company's focus has been on health systems and academic institutions in Europe and Israel.
Briya said its platform connects clinics and hospitals with academic and pharmaceutical research teams to use de-identified, real world health data.
Venture capital firm Team8 led the round and was joined by investors Insight Partners, Amiti and Innocare Health Investments. Tulsa, Oklahoma-based George Kaiser Family Foundation also participated.
The latest round brings the company’s total funding to $17 million.