Robin Healthcare Receives $17M Venture Loan Facility

Robin Healthcare

Robin Healthcare, Inc., a Berkeley, CA-based orthopedic healthcare management platform provider, received a $17m venture loan facility from Horizon Technology Finance Corporation (NASDAQ: HRZN).

$7m has been initially funded.

The company will use the loan proceeds for general corporate and working capital purposes.

Led by Emilio Galán, Chief Executive Officer, Robin provides a platform for orthopedic healthcare providers to efficiently manage their practices. Robin’s proprietary device, the Robin Assistant™, silently observes physician-patient visits while remote scribes – powered by AI and trained by over one million patient visits – extracts data, identifies conditions, then builds and uploads clinical notes with medical codes, all directly to the electronic health record.

Robin is backed by a consortium of investors including Scale Venture Partners, Khosla Ventures, Norwest Venture Partners, and Meridian Street Ventures.

FinSMEs

24/10/2022