digital health funding
The funding round comes one month after the company announced it secured a $35 million investment.
The funds will be used to expand the company's reach with payers and providers, grow its team and for product development.
The company is on track to be live in 10 U.S. states by the end of 2025.
The company will use the funding to further develop its SmartShunt System, aimed at reducing shunt failures and improving care for patients with hydrocephalus.
The company will use the funds to expand access to its AI-driven platform that allows providers to access and organize patient medical records.
The AI-powered engagement platform connects immigrant workforces to services, such as healthcare, jobs with U.S. employers and financial tools.
Barti Software scores $12 million for AI-powered EHR software for ophthalmologists, and Sleep.ai secures $5.5 million for sleep technology.
British Growth Fund’s exit marks one of the largest for a UK medtech company and the most profitable return in the firm’s history.
The company plans to expand partnerships with health plans and employers to provide more individuals with digital twin technology designed to improve metabolic health.
The company will use the funds to expand EHR and PBM integrations and partner with digital health and other companies to expand medication access.