Notable Raises $100M in Series B Funding

Notable

Notable, a San Mateo, Calif.-based intelligent automation company for healthcare, raised $100M in Series B funding.

The round was led by ICONIQ Growth, with participation from Greylock, F-Prime Capital, and Oak HC/FT.

The company plans to use the funds to expand access to its platform to more healthcare providers, while enhancing platform capabilities to further increase partners’ return on investment.

Led by Pranay Kapadia, co-founder and CEO, Notable provides a platform that leverages AI to continually scan providers’ electronic health record systems (EHRs) and other applications, identifying automated workflows to perform. Common examples include collecting patients’ pre-visit registration information, submitting a prior authorization request, or reaching out to patients who are overdue for care. The platform leverages digital assistants to perform these workflows by clicking into fields, updating records, and uploading documents. For clinicians, it automates administrative tasks like writing clinical documentation or adding billing codes, empowering them to spend more time on patient care.

FinSMEs

03/11/2021