Business News Report

Corti Gains $60 Million in Series B Funding to Accelerate Healthcare AI and Support Safety Enhancement Efforts

In Brief

Corti has successfully raised $60 million in its Series B funding round.

These newly acquired funds will enable Corti to innovate and develop medical AI solutions that focus on analyzing text and audio data.

The company’s cutting-edge AI technology offers real-time support during patient interactions as well as in emergency response scenarios. It also assists with tasks like documentation, coding, triaging, and ensuring quality standards.

Corti In this latest funding round, Corti announced that it has secured $60 million, with leading investments from Prosus Ventures and Atomico, along with backing from existing stakeholders like Eurazeo, EIFO, and Chr. Augustinus Fabrikker.

The company stated that the latest investment will further their advancements in medical AI centered on text and audio data while also aiming for enhanced safety applications and global market expansion.

Corti's unique AI technology renders real-time assistance during both patient interactions and emergency calls, and also facilitates documentation, efficient coding, triaging, and maintaining quality standards.

Corti claims that its virtual assistant, Audia, integrates a variety of Microsoft Azure technologies. According to recent reports, Audia is currently utilized by the Copenhagen Emergency Medical Services. blog post The firm emphasizes that its technology aids operators in making prompt diagnoses by scrutinizing ongoing conversations and cross-referencing them against a comprehensive database of previously recorded emergency calls.

Andreas Cleve, the Co-Founder and CEO of Corti, stated, \"We have been demonstrating for years that the collaboration between humans and AI leads to better patient outcomes. This relationship between a healthcare worker and our co-pilot results in superior care, minimized errors, reduced bureaucracy, and a smoother work process, as every professional essentially has their own assistant. With this financial backing, we plan to enhance our influence and extend our services to various healthcare professionals.\"

The organization asserts its partnerships with healthcare providers, public safety organizations, and health insurance firms across Europe and the United States, affecting over 100 million patients each year and aiding professionals more than 150,000 times daily.

In collaboration with the French fire and rescue service SDIS01, they are rolling out a triage platform that digitizes the emergency call protocols and workflows. This platform employs machine learning techniques to optimize call outcomes.

In April 2021, Corti announced a partnership The healthcare industry has witnessed a growing interest in the integration of AI in recent months. Back in August, Intuition Robotics made strides in enhancing its AI-based elderly care platform.

The focus is on exploring how generative AI can elevate clinical efficiency, streamline operations, and improve patient results. raised $25 million Please be aware that the information provided on this page is not meant to serve, nor should it be interpreted as legal, tax, investment, financial, or any other type of advice. It is crucial to invest only what you can afford to lose, and to seek independent financial counsel if you have any uncertainties. For more information, we recommend checking the reported terms and conditions, as well as the help sections provided by the issuer or advertiser. MetaversePost strives for accurate and impartial reporting, although market conditions can change without prior notice.

Recently, Microsoft and Epic announced an AI partnership Cindy is a journalist at Metaverse Post, specializing in topics related to web3, NFTs, the metaverse, and AI, focusing particularly on interviews with Web3 executives. She has conducted interviews with over 30 C-level leaders and continues to gather their invaluable insights for her readers. Originally from Singapore, Cindy now resides in Tbilisi, Georgia, holding a Bachelor's degree in Communications & Media Studies from the University of South Australia, along with a rich decade-long experience in journalism and writing.

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In line with the Trust Project guidelines With media pitches, announcements, and opportunities for interviews.

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