Wisedocs Raises $9.5M in Series A Funding


Wisedocs, a Toronto, Canada-based machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization, raised $9.5M in Series A funding.

The round was led by Information Venture Partners, and by Thomson Reuters Ventures and ManchesterStory.

The company intends to use the funds to expand operations and its business reach.

Led by Connor Atchison, Founder and CEO, Wisedocs is the medical record indexing, review, and AI summaries software platform for insurance carriers, healthcare providers, law firms, and TPAs for the claims industry. It serves the auto, liability, disability, workers’ compensation, tort law, and similar markets and additional provides a solution for improved accuracy and speed to deliver improved outcomes in processing medical records. 

Wisedocs raised $4.1M in a seed round in 2022 and launched their Summaries platform in 2023.