Healthcare startup Suki.ai raises $55 million in its Series C round of funding
- ByTejika Bajaj | December 8, 2021
The healthcare startup Suki.ai recently announced that it has raised $55 million in its series C round of funding led by March Capital. The round also saw participation from new and existing investors like Philips Venture, Venrock, Flare Capital, Breyer Capital and inHealth Ventures. The round also witnessed participation from angel investors which are leaders in their field including Gaingels Group, Pankaj Patel, Andrew Deutsch and Russell Farscht.
The startup aims to utilize the fresh funds to make strategic investments which would in turn lead to an expansion of its user base while bolstering employee growth and development. Further, the AI powered startup also plans to advance the AI capabilities of its voice enabled digital assistant by adding new features that streamline documentation, coding and other administrative tasks for physicians.
Talking about his recent investment, Wes Nichols, Partner at March Capital stated, “My first exposure to Suki was observing my doctor using his phone to update his EHR and pharmacy, which compelled me to ask him what he was using. He was thrilled with Suki as a user, and I knew I had to meet the founder. Doctor burnout is a public health crisis, which makes Suki’s cutting-edge AI-powered voice assistant a game-changing solution for doctors and health systems everywhere. We look forward to working closely with Punit and the Suki team, and applying March’s operational and industry expertise to accelerate Suki’s growth and product innovation.”
Founded in 2017 by ex-Google employee Punit Soni, Suki.ai is an AI powered healthcare platform that uses natural language processing and machine learning to create clinically accurate medical notes and streamlines administrative tasks such as retrieving patient information from electronic health records. It aims to be a one-stop-solution for all medical needs much like Google.
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