Former Deepmind And Google Health Execs’ Startup, Phare Health, Secures £2.5M For Ai-Powered Fintech Tool For Hospitals
Former Deepmind And Google Health Execs’ Startup, Phare Health, Secures £2.5M For Ai-Powered Fintech Tool For Hospitals
11/22/23, 5:03 AM
Location
londonMoney raised
£2.5 million
Industry
medical
artificial intelligence
health care
Round Type
seed
Investors
Bertelsmann Investments, We Walk, Khp Ventures, General Catalyst
London-based Phare Health working on developing AI products to help hospitals better understand the state of their finances and track cashflows, has snapped £2.5 million in seed funding. The round was led by General Catalyst alongside strategic backers KHP Ventures known for investing in Patchwork Health, WeWALK and Doccla, and Bertelsmann Investments.
Company Info
Location
london, england, united kingdom
Additional Info
Phare Health is bringing hospital administration and revenue cycle management into the large language model era. The firm develops AI technology for the back office to address the systemic challenges of healthcare finance and, by doing so, lead the industry in improving outcomes for hospitals, clinicians, and patients. Phare Health is backed by some of the best healthcare systems and investors in the world, with a founding team from DeepMind, Google and NYU.