Gauss Surgical, a Los Altos, Calif.-based AI-driven healthcare technology company, raised $20m in Series C funding.
Backers included Northwell Health, SoftBank Ventures Korea, the LS Polaris Innovation Fund and seven other US health systems including UNC/REX Healthcare, OSF Healthcare, Providence Healthcare, Orlando Health, Spectrum Health, Mount Sinai Health System, and the Memorial Hermann Health System.
The company intends to use the funds to accelerate the adoption of its Triton platform in hospitals and to develop new AI-driven applications for the operating room.
Led by Siddarth Satish, founder and Chief Executive Officer, Gauss Surgical provides Triton, a platform that monitors surgical blood loss in real time using digital imaging and machine learning on the iPad. It has received de novo approval from the U.S. Food and Drug Administration and a European CE mark. So far, Triton has been adopted by 50 hospitals which perform more than 200,000 infant deliveries each year.