Covera Health Raises Up to $50M in Additional Series C Funding;

Covera Health

Covera Health, a NYC-based AI-enabled diagnostic technology company, raised up to $50M in additional Series C funding.

The round, led by Insight Partners, included $25m already committed.

This additional funding, combined with the acquisition of CoRead, an AI quality assurance company currently being used by more than 2,000 hospital sites nationwide, will empower Covera Health to augment and scale its two-sided marketplace between payers and providers. As a result of the acquisition, Lawrence Ngo, former CEO of CoRead, will join Covera Health as Senior Vice President, Quality Assurance Platform, reporting to President Aaron Friedkin.

Led by Ron Vianu, Founder and CEO, Covera Health is an AI-enabled diagnostic technology company focused on radiology performance measurement and impact. Working with payers and health systems, the company serves as the industry’s first two-sided marketplace to drive quality performance and ensure patients receive the highest quality radiology care.

FinSMEs

01/11/2023