Becker's Healthcare June 8, 2023
MemorialCare Innovation Fund, the investment arm of Fountain Valley, Calif.-based MemorialCare, joined in on a $13 million series B investment round for artificial intelligence-powered healthcare workforce company Laudio.
Laudio provides health systems with technology designed to simplify automated processes and reduce burnout by saving time on administrative work. The funding round brings Laudio’s total raised to $25 million, according to a June 8 Laudio news release.
The company plans to use its series B haul to fund product development, grow its sales and...