Fabric, a NYC-based health tech company, acquired Gyant, a San Francisco, California-based conversational AI care assistant and patient engagement suite, enabling health organizations to automate patient navigation and scheduling.
The amount of the deal was not disclosed.
Fabric acquired GYANT and their entire team in a significant all-cash deal–expanding Fabric to 130 employees.
Led by Stefan Behrens, CEO, who will join the Fabric executive team, serving as chief strategy officer, Gyant offers a virtual assistant that guides patients through the complexity of their healthcare journey. With clients throughout the United States, it partners with integrated delivery networks and payers to deploy its technology on their websites, mobile apps, patient portals, and within call centers, empowering patients and accelerating access to care. Its conversational AI guides patients from the digital front door through their entire clinical journey by integrating deeply into clinical workflows and electronic health records. Customers include Cleveland Clinic, Intermountain Healthcare, Highmark Health, OSF HealthCare, and Geisinger.
Founded by Aniq Rahman, Fabric is a health tech company that empowers healthcare providers to move and deliver care through its care enablement system, which offers three solutions: In-Person Care Suite, Virtual Care Suite, and Engagement Suite. Leveraging conversational AI and intelligent adaptive interviews, it unifies virtual and in-person care across intake, triage, routing, and treatment while automating workflows for staff. Built by a team of physicians and clinical informaticists, Fabric protocols works for care quality while offering omnichannel access for patients.
Fabric has 70 enterprise health customers on its platform. Since coming out of stealth in the last year, the company has accelerated from zero passing 8 figures in ARR.
FinSMEs
31/01/2024