Notable Health, a San Mateo, Calif.-based artificial intelligence (AI) powered health care company that automates and digitizes physician-patient interactions, closed a $13.m Series A funding round.
The round was led by F-Prime Capital Partners and Oak HC/FT with participation from existing investors Greylock Partners and Maverick Ventures. In conjunction with the funding, F-Prime Capital Partners’ General Partner Carl Byers will join Notable Health’s Board of Directors and Oak HC/FT Managing Partner Annie Lamont will serve as a Board Observer.
The company intends to use the funds to continue to expand product development and accelerate hiring.
Led by Pranay Kapadia, Co-Founder and CEO, Notable Health automates and digitizes physician-patient interactions. It uses AI to learn physician behaviors and patterns and proactively assists with ICD-10 coding, E&M billing, improving adherence to quality measures, and streamlining the routing of orders. For in-visit findings, physicians use their Notable Health-issued Apple smartwatch device to capture audio during and after a patient visit. Data is automatically structured and entered into the correct EHR fields, ensuring zero workflow interruption.
The company’s technology and operations are HIPAA compliant and use proprietary robotic process automation that allows for EHR integrations.