Rad AI, a radiology artificial intelligence company, said it raised $50 million in a Series B funding round.
Venture capital firm Khosla Ventures led the round. Venture capital firms World Innovation Lab, Artis Ventures, OCV Partners, Kickstart Fund, Google’s AI-focused fund and Gradient Ventures participated.
Rad AI has developed generative AI software that provides automated reporting to clinicians and patients. The company said in a release it plans to use the round to expand its implementation and engineering teams.
The round brings Rad AI’s total raised to $80 million.
Blackwell Security, a cybersecurity company, received $13 million in a undisclosed funding round.
Venture capital firms General Catalyst and Rally Ventures co-led the round.
Blackwell offers an AI-enabled cybersecurity detection program to health systems. The company said in a release the funding will be used to expand its technology and expand its reach in the U.S.
Recent cybersecurity incidents affecting organizations like Ascension and Change Healthcare have thrust healthcare data security into the spotlight.
Triomics, an oncology data and AI company, received $15 million in an undisclosed funding round.
Venture capital firms General Catalyst, Lightspeed and Y Combinator were among firms backing the company.
Triomics has developed a software platform that completes clinical and administrative tasks like matching patients with upcoming appointments for relevant clinical trials.
Backpack Healthcare, a virtual pediatric mental health company, said it raised $14 million in a Series A funding round.
Venture capital firm PACE Healthcare Capital led the round. Venture capital firms ECMC, Techstars, Collab Capital, Bridge Builders Collaborative, Portland Seed Fund, Hopelab, Rethink Education, Genius Guild and Unlikely Collaborators also participated.
Backpack, formerly known as Youme Healthcare, services primarily Medicaid-covered children and uses AI to match them with therapists. The company operates in Maryland and Virginia. In a release, Backpack said the funding will be used to enhance its technology platform, expand its reach and enhance its teletherapy services.
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Sift Healthcare, a healthcare payments company, said it secured a $20 million Series B funding round.
Venture capital firm B Capital led the round. Existing venture capital investors including Allos Ventures, First Trust Capital Partners and Rock River Capital also participated.
Sift sells revenue cycle management technology to payers and providers that predicts a patient’s payment outcomes. The company said in a release the funding would be used to expand its team and invest in AI.
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