Briya, a NYC-based end-to-end healthcare data exchange platform, closed an $11.5m Series A financing round.
The round, which brought total funding to $17m, was led by Team8, with participation from existing investors Insight Partners and Amiti Ventures, and is joined by the George Kaiser Family Foundation.
The company intends to use the funds to continue to expand operations and its development efforts.
Led by David Lazerson, CEO, Briya provides a blockchain-secured scalable data exchange platform that enables hospitals to capitalize on their patient data. It has been implemented in healthcare systems and academic institutions, primarily in Europe and Israel. The platform connects clinics and hospitals with academic and pharmaceutical research teams, addressing the primary challenges faced by organizations in the collection and exchange of healthcare data. The secured data exchange empowers hospitals to effectively utilize their health data and safely share it, in compliance with all regulatory guidelines. At the same time, it provides life sciences organizations access to de-identified real-world data to expedite development and time-to-market for new therapies.
Briya’s scalable blockchain-powered system standardizes all forms of electronic health records, enabling streamlined access to and exchange of live, anonymized healthcare data for life sciences organizations. The technology facilitates optimal use of a range of AI and machine learning tools, real-world data, and health economics studies to optimize clinical trials, ensure regulatory compliance, and accelerate drug discovery.
FinSMEs
19/09/2023