Arnon, CEO of Zzapp Malaria First & Last Name* Business Email* Company* How can we support you? Enhancing human abilities and improving mental health. Applications or projects: AI image analysis platform, Reducing the Risk of Misdiagnosis of Chest X-rays with Deep Learning (With Omdena). The company most recently raised a $160M Series B round led by RA Capital Management and Polaris Partners. Machine learning models are trained to examine ultrasound images and have the ability to determine what issues or ailments exist with pinpoint accuracy. 52. (. Founding Year: 2020Location: Vilnius, LithuaniaFunding: EUR 1,3 MUse Flemings solution for Telemedicine & Virtual Doctor Consultation Solutions. They are also looking to deploy capital into AI focused DNA companies along with other forms of AI based healthcare. The company has raised $326.14M in disclosed equity funding from investors including NEA, InterWest Partners, Bessemer Venture Partners, Canaan Partners, and Emergence Capital Partners. . One startup to watch in this space is Freenome, a San Francisco-based startup that uses AI to find patterns in cell-free biomarkers circulating in the blood that could be associated with cancer. With the advancement of artificial intelligence, robotic applications have taken a giant leap forward. PMX reduces the time it takes for physicians to detect degenerative diseases and provide patient-specific treatments. Rad AI . Categories are not mutually exclusive and companies are sorted by primary use case. We then detail some of the limitations of current AI-based healthcare administration tools and explore barriers that have prevented some physicians from adopting the tech. Using AI, a. highlights errors in treatment and workflow inefficiencies, helping healthcare systems avoid unnecessary hospitalizations. Ancore Practice Management Reporting Solution: A-PM Providing actionable insights and enabling a data-driven culture. Here are the top 24 startups revolutionizing healthcare with artificial intelligence in 2023. Using AI, they are able to analyze dental data and accurately diagnose and determine exactly what treatments are necessary for each particular patient. The global artificial intelligence in healthcare market size was valued at USD 15.4 billion in 2022 is expected to expand at a compound annual growth rate (CAGR) of 37.5% from 2023 to 2030. We exclude VR and hardware-focused robotics startups from this map. Using the company's technology, healthcare practitioners can capture ultrasound images and capture key heart health data, which can inform disease diagnosis. The Fleming app also maintains individual health and prescription records. It also creates a database of previous patient examinations. 10 Top Mental Health Startups to Watch in 2023. , artificial intelligence (AI) will access multiple sources of data to reveal patterns in diseases and aid treatment; medical systems will be able to predict patients risks of certain diseases and suggest preventive measures; these advances will lead to shorter waiting times for patients and improved efficiency in hospitals. This market map consists of private, active companies only and is not intended to be exhaustive of the space. HEX: Health Economics Explained (or HEX for short) is a one-day, online, interactive course designed to teach health economics fundamentals to those closest to healthcare delivery. Akasa is an automation company powered by AI thats helping healthcare providers, medical centers, and health organizations manage their revenue cycle. The first can predict whether a breast cancer patient will relapse after treatment, while the other can identify a biomarker that opens up potentially life-saving treatment for colorectal cancer patients. It has raised $36.15M in disclosed equity funding. One company to watch here is Whole Biome,whichis developing medical food containing gut-assisting microbes in the treatment of diabetes. Their technology combines clinically-based natural language processing (NLP) with artificial intelligence and machine learning that physicians supervise. Among the benefits are: Data about patients is being analyzed with AI-driven tools to determine their health issues in the past and present. The National CLEAR Programme provides innovation expertise, data analysis, and a unique methodology that allows clinicians to redesign clinical teams and services. Patient-Focused Solutions: Emtiro provides support to patients, no matter where they are on the care continuum. It specializes in chronic illnesses and uses machine learning to support patients. Read More 94 Top Healthcare Startups and Healthtech Companies Buoy Health. Available with & without DeepDx Viewer. Explore the Top 10 Behavioral Healthcare Trends in 2023. Built from in-house technology, this all-in-one sales solution will be the first of its kind on the market, according to its founder. These companies range from medical devices to pharmaceuticals to medical diagnostics software and are pioneering the way forward for future innovations within the healthcare sector. Instead, Droxi identifies and visualizes the most relevant clinical factors for each task so physicians can quickly cross them off their list. , developed Molly, a digital nurse that monitors a patients condition and follows up on treatments between doctor visits. Dedicated companion and conversational robots carry out various tests and checksfor example, sugar levels, blood pressure, temperature control, and medication administration. We exclude VR and hardware-focused robotics startups from this map. Octopus.Health is a patient engagement platform for proactive population health. Want to know more about latest breakthroughs & transformative technologies shaping the landscape of mental wellness? Muskan, Diwaker Badoni. Using speech recognition the app compares users symptoms with a database of illnesses. This category also includes companies using robotic process automation to streamline hospital operations. Here are the top 24 startups revolutionizing healthcare with artificial intelligence in 2023. Viebeg Technologies is a data-driven procurement platform that ensures that hospitals always have the proper medical supplies in stock to treat their patients. Provider-Focused Solutions: Emtiros comprehensive approach includes everything from practice assessments and recommendations to helping you achieve national recognitions, such as Patient Centered Medical Home or Patient Centered Specialty Practice. The 7 promising HealthTech startups you should watch in 2021 were hand-picked based on our data-driven startup scouting . OpenAI executive appears to haveTwitter accounthacked to promotecryptocurrency scam, Top AI researcher dismisses AI 'extinction' fears, challenges 'hero scientist' narrative, Five ways enterprises can stop synthetic identity fraud with AI. Using AI, they can identify brand new drug candidates, build diagnostic tools to improve the outcomes of patients, and accelerate clinical trials. The company has raised $326.14M in disclosed equity funding from investors including NEA, InterWest Partners, Bessemer Venture Partners, Canaan Partners, and Emergence Capital Partners. Olive AI Olive is the leading AI healthcare solution created on a mission to revolutionize healthcare. Location: Boston, Massachusetts. Let's look at some of the top AI-based startups/companies in Poland. Founders: Mohammad Noshad, Morteza Noshad. Paige.AI. The company has raised $41M in disclosed equity funding, with participating investors including Founders Fund and Sands Capital, among others. French startup Zeliq's solution sets out to overcome this by optimizing sales operations, via AI, with accessibility and efficiency in mind for BDRs to fulfill the sales cycle. China-based healthcare AI startups have benefited from the governments AI-focused development strategy, stimulating investment and private-public partnerships. Founded in 2017, the ClosedLoop platform provides off-the-shelf AI models and automation workflows for healthcare applications and manual processes involving data science tasks, examining patient data on an individual level and analyzing data points. Were going to explore some of the top healthcare startups out there today that are using AI to transform the industry. The company, which provides a data science platform that enables healthcare organizations to use AI to improve outcomes and reduce costs, was selected to participate in the AWS Healthcare Accelerator for Health Equity, and it won a 2022 Best in KLAS Award for healthcare artificial intelligence. The top 3 companies by all-time total equity funding raised are SWORD Health, Maven Clinic, and Viz.ai. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. AI-enabled health startups raised nearly $10B in funding in 2021 and more than $3B in the first half of 2022. The company has attracted $28M in disclosed equity funding. Reverie Data is the fuel of the machine learning industry. . Tempus has attracted $520M in disclosed equity funding and is valued at $3.1B. In 2022, Atomwise also strengthened its management team and bulked up its executive team. Recursion Pharmaceuticals is a clinical-stage biotechnology startup thats working to decode biology and implement technological innovations across automation, data science, biology, chemistry, and engineering. : TRP is a telehealth business intelligence platform that centralizes and analyzes real-time data from clinical, financial, and operational sources to gain actionable insights on everything from quality of care outcomes to ROI. It specializes in chronic illnesses and uses machine learning to support patients. Many healthcare organizations are moving forward as they can predict which treatment procedures will be successful based on a patients genetic make-up and the treatment framework. Looking for healthcare solutions that match your criteria? 1 Babylon Country: UK | Funding: $1.2B babylon was founded with a single purpose: To put an accessible and affordable health service in the hands of every person on earth. Feeling Inspired? Startups in this category are developing AI-driven privacy solutions for healthcare administrators, such as the secure transfer of patient data. The main goal of the . Last week, Owkin announced two first-ever AI diagnostics approved for use in Europe. Payer-Focused Solutions: Emtiro partners with payers to develop and deliver provider education and training programs, comprehensive provider network recruitment, and a delegated service model to deliver high-quality, effective care management and provider services. Tambua Health uses lung sound analysis to transform the diagnosis and treatment of respiratory diseases. But there are five areas that really set Fabric apart from the rest of the market: 1. A wave of AI-based healthcare startups such as Numerate and BenevolentAI are collaborating with scientists to accelerate drug development by leveraging large volumes of biomedical information. That's for coronary artery bypass grafting patients at Atrium Health's Sanger Heart and Vascular Institute, compared with a national average of 2.5%. Owkin is a startup with an ambitious goal to find the right treatment for every single patient out there, custom-tailored to their needs. Applications or projects: Data-driven procurement platform. It has raised $36.15M in disclosed equity funding. HelloSelf is a health and wellness startup that gives its users access to therapists digitally. Mindstrong Health has secured $60M in disclosed equity funding, with participation from Optum Ventures, Bezos Expeditions, and General Catalyst, among others. CB Insights clients can use existing Expert Collections or build their own unique collections to collect, sort and map companies based on funding, industry, and a host of other criteria. New York-based Cleerly has been on a mission to transform cardiac care since its founding in 2017. Building upon more robust datasets, startups in this category help researchers recruit and retain patients, as well as design and manage their studies. Tambua Health is a medical technology, software, and services company that develops portable ultrasound imaging technology for the developing world. click here to access our AI in Healthcare Expert Collection. Join top executives in San Francisco on July 11-12, to hear how leaders are integrating and optimizing AI investments for success. Further, it highlights five AI startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. The healthcare professional can provide an accurate diagnosis by comparing the disease details. Dr Sarah Bechstein, Founder of FORMEL Skin - Berlin, Germany. After evaluating the users medical history, Babylon suggests a course of action. Another startup developing AI-driven genomic solutions is South Korea-basedSyntekabio, which analyzes an individuals unique genetic map to provide personalized medical treatments. Increasing automation and digital workforce capabilities will enable providers to create more time-saving, cost-reducing, and accuracy-boosting solutions. We have developed the T-Scope device, the 1st FDA & CE Approved software-based ultraportable ultrasound for point-of-care and specialized imaging. This allows healthcare professionals, doctors, and medical centers to improve patient care, operating processes, and how medical procedures are performed. Humans are never perfect, and its not impossible for a dentist to overlook subtle signs in the dental data theyre looking at. For Patients: Kara Health works with healthcare providers to offer care and support to patients who need it most. This jump was driven in part by the Covid-19 pandemic, as the spread of the virus and rise of social distancing protocols catalyzed the adoption of healthcare AI applications across industries. RevKeep reduces the disruption and resources needed to respond to recovery audits. Lithuanian startup Fleming, through its healthcare app Fleming, enables digital patient health monitoring. Hyro a New York-based startup selling a conversational AI platform for providers recently closed a $20 million Series B funding round. The company received a corporate minority investment from. Wise Healthcare offers virtual medical assistance facilities that provide accurate and convenient medical consultation & diagnosis services. , a San Francisco-based startup that uses AI to find patterns in cell-free biomarkers circulating in the blood that could be associated with cancer. In essence, HelloSelf is a fully-featured therapist and coach, helping users make themselves better every day. Healthcare and biotech research, as conducted by Komodo Health, Genesis Therapeutics and Verge Genomics, remains a key area for advanced AI, as is computer vision, with companies such as. That has left plenty of room for startup AI companies to make their mark in healthtech, biotech and medtech. Moreover, artificial intelligence has studied the human language for over 50 years. , for example, is developing an AI analytics engine that pulls data from FDA-approved home monitoring devices and predicts health outcomes for patients. data-driven innovation insights into the healthcare industry, download our free Healthcare Innovation Report. Hospitals use NeuralMeds solution to better allocate resources and improve the accuracy and structure of diagnosis data. That is why we give you data-driven innovation insights into the healthcare industry. Machine learning in surgery is capable of executing even the tiniest movements. Our bodies contain biomarkers that can indicate disease. For consumer experience, member experience, and digital strategy leaders seeking to engage more members and improve outcomes. Among the most well-funded startups in this category are Recursion Pharmaceuticals and Blackthorn Therapeutics, AI biotech companies with drug development pipelines. Talk about a big 2022: The medical-AI unicorn Owkin secured $80 million in June from pharmaceutical leader Bristol Myers Squibb as the two companies partner on drug trials. One startup applying AI to the clinical trial process is Teckro, an Ireland-based company that provides researchers with a machine learning-driven platform for monitoring trial progress across geographically dispersed teams. The company is backed by Polaris Partners, among others, and has attracted $44.8M in disclosed equity funding. Also, AI can also be used to develop more personalized treatment plans for cancer patients by taking into account a patient's individual genetic makeup. Thus, health systems can provide truly proactive, predictive healthcare. A February 2022 study published in the Journal of American College of Cardiology found Cleerlys AI platform is as good or better than invasive angiography helping to catch heart disease early, before patients begin to show symptoms. It comprised the most extensive body of coronary imaging research to study how imaging can be used to better understand heart disease and project patient outcomes. Through their technology solutions, they are enhancing the lives of patients and on a path to industrializing drug discovery. 1. Follow. Pet telehealth is going mainstream. ArdenMed oxygen concentrators solve the dire need for resilient oxygen concentrators in low and middle-income countries that are fit for purpose for low and middle-income countries. To explore healthcare technologies in more detail, simply let us look into your areas of interest. This year's winners are working on diverse solutions designed to recycle plastic waste, improve hearing aids, combat toxic online gaming behavior, and more. The company has raised $130M in disclosed equity funding. Mindstrong Health has secured $60M in disclosed equity funding, with participation from Optum Ventures, Bezos Expeditions, and General Catalyst, among others. Nethone Nethone is a cybersecurity business that . Robots are now helping medical staff assist patients. Join 840,000+ CB Insights newsletter readers. Start your free trial today Freenome has raised $238.35M in disclosed equity funding. It provides evidence-based treatment hooks for neurosurgeons, psychiatrists, and neurologists; and a private and empathetic digital aid for patients. Sign up for our Newsletter and get business advice delivered straight to your inbox! In addition, since healthcare is a relatively new industry, many health startups are being created or funded weekly. Babylon Health is a value-based care company thats focused on making healthcare affordable and accessible to everyone on the planet. Categories are not mutually exclusive and companies are sorted by primary use case. Startups developing AI-driven imaging & diagnostic solutions are the most-represented in our map, accounting for 29% of the startups. This research is used to improve patient sampling for drug discovery and accelerate cancer research. ArdenMed is a charitable project with more than 30 active volunteers from all over the world. According to Stratistics MRC, the Global Healthcare AI Market accounted for $0.95 billion in 2017 and is expected to reach $19.25 billion by 2026 growing at a CAGR of 39.7%. When readers purchase services discussed on our site, we often earn affiliate commissions that support our work. At GluCare.Health we treat patients with Diabetic Foot Syndrome. Startups in this category are using AI for personalized healthcare, genome sequencing, and CRISPR research. The Omdena Impact Tech Startups Series comprises game-changing startups, stories, and thought-leadership pieces from leading impact ventures solving real-world problems. But even with belt-tightening in 2022, digital health startups using artificial intelligence (AI) have. Using speech recognition the app compares users symptoms with a database of illnesses. Get access to the only platform that combines expert-led research with in-depth data on the tech industry.