StartUp Health Insights: AI for Healthcare Bots Raises $50M Seed Round | Week of May 16, 2023

General Catalyst and Andreessen Horowitz have invested a substantial seed round in Hippocratic AI to develop a large language model more accurate than GPT-4 to power healthcare bots.

This week’s reported health innovation funding included:

Amino Health, a San Francisco, CA-based digital healthcare guidance company, raised $80M led by Transformation Capital and Oxford Finance. <source>

Hippocratic AI, a Palo Alto, CA-based startup building artificial intelligence models for the healthcare industry, raised $50M co-led by General Catalyst and Andreessen Horowitz (A16z). <source>

Embr Labs, a Boston, MA-based maker of a wearable to treat the symptoms of menopause, raised $35M led by GT Investment Partners in collaboration with Aon plc. <source>

Wellthy, a New York, NY-based provider of a care concierge platform, raised $25.5M from Citi Impact Fund, Cercano Management, and Stardust Equity. <source>

Diligent Pharma, a Princeton, NJ-based vendor qualification and risk management platform for clinical trials, raised $8.27M led by FCA Venture Partners, with participation from PJC, and GenHenn Capital. <source>

Lavita AI, a San Francisco, CA-based provider of an AI+Web3 healthcare platform, raised $5M led by Camford Capital and angel investors. <source>

FemTherapeutics, a Montreal, ON, Canada-based medtech startup that designs personalized gynecological prosthetics for women suffering from pelvic floor disorders, raised $1.85M led by 2048 Ventures, with participation from Investissement Quebec, The51 Ventures, Sheboot, and angel investors. <source>

Cascade Health, a Seattle, WA-based provider of a healthcare transparency platform, raised $1.7M led by AlleyCorp, with participation from angel investors. <source>

Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

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StartUp Health Insights: AI for Healthcare Bots Raises $50M Seed Round | Week of May 16, 2023 was originally published in StartUp Health on Medium, where people are continuing the conversation by highlighting and responding to this story.

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