Business
AI will transform healthcare with advances in multimodal technology, diagnostic imaging and automation, but its success depends on trust and seamless integration into workflows.
Memora's patient navigation tool will combine with CommureOS's integration engine to personalize patient care and improve outcomes.
Some executives anticipate an acceleration of M&A activity as struggling startups seek exits, while others foresee more funding opportunities for companies with proven value in the sector.
The acquisition bolsters CCC's AI-powered SaaS platform by adding transformative AI capabilities.
Leaders weigh in on the digital health funding environment, women's health investments and how "AI washing" may influence capital raises.
The company touts that it recently surpassed 2.5 million rings sold and has seen its member base and revenue more than double over the past year.
The Series A investment brings the company's total capital raise to $20 million.
The company will use the funds to drive adoption of its platform and provide capital infusion for expansion in the health markets.
The company will use the funds to increase the development of its computational platform to predict patient treatment responses and support drug research & development.
The funding brings the company's Series C funding round to a close and total capital raised to $155 million.