Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Aid Beyond Trade-offs Impact en las Americas New Revivalists Women Rising in India Operation Impact
Smarter Money Women Rising 2030 Finance Locavesting Inclusive Economy Regeneration Impact Tech New Power Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Industry News Impact Management Good Business Personal Finance Faith and investing Billionaires
Gender Lens Investing Women Rising in India
SDGs Climate Finance Clean Energy Innovative Finance Full Stack Capital Long-termism
Opportunity Zones Investing in place
Entrepreneurship Return on Inclusion Good Jobs Inclusive Fintech Creative economy Housing New Schooled Well Being People on the Move
Conservation Finance Farmer Finance Financing Fish
Blockchain/AI/IoT Urban Tech Food Tech Inclusive Fintech
Human Rights Democracy and Peace News and Information
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States Growth Markets
Subscribe Log In

Healthtech firm Suki raises $15 million for its AI-powered digital medical assistant.

ImpactAlpha, May 3 – Suki’s product transcribes what doctors say to patients, documents treatment plans and prescriptions, and integrates with existing electronic health records systems. The idea is to reduce note-taking by doctors and, eventually, provide them with a digital assistant that can help manage patient care.

  • Total funding… Suki raised $15 million in a funding round led by Venrock and joined by First Round, Social+Capital, Nat Turner of Flatiron Health, Marc Benioff of Salesforce and other individuals. Venrock led a previous, $5 million seed round.
  • Market potential… The healthcare IT market is expected to grow to $280 billion by 2021, according to a 2017 report by research firm Markets and Markets.

In a dozen pilot projects, early results show Suki cuts doctors’ note-taking time, which averages almost two hours for every hour spent with a patient, by up to 60 percent. Suki founder Punit Soni says the artificial intelligence underlying the product adjusts to the way individual doctors practice and reduces administrative work.

You might also like...