Veda Secures $45M Of Series B Funding Led By Oak Hc/Ft

Jul 27, 2021•almost 4 years ago

Amount Raised

$45 Million

Round Type

series b

Madison

Description

Today, veda, an artificial intelligence (AI) and machine learning platform that can save healthcare payers and providers up to 90 percent in administrative costs by enhancing the processing speed and accuracy of information, announced the close of $45 million in Series B funding led by Oak HC/FT.

Company Information

Company

Veda

Location

Madison, New Jersey, United States

About

Veda saves healthcare companies millions annually by automating complex data processes. Our systems enable customers and partners to harness the power of their own data—process, validate and generate meaningful answers that make healthcare more efficient and accessible. Veda enables organizations to dramatically reduce overhead costs by automating complex business rules for data extraction, transformation, and loading (ETL); creating a simplified and streamlined experience for everyone—from the data entry specialist to the end customer. The company is headquartered in Madison, WI. To learn more about veda, visit vedadata.com and follow us on LinkedIn and Twitter.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Veda Secures $45M Of Series B Funding Led By Oak Hc/Ft

Description

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Funding Insights

Company Information