Fierce Healthcare July 12, 2024
Clinical decision software company Regard pocketed $61 million in series B funding to scale its reach in healthcare as investors have a growing appetite for AI-powered startups.
Regard developed an AI “co-pilot” for physicians that streamlines documentation and helps diagnose medical conditions, and the company has inked partnerships with a number of large health systems.
Oak HC/FT led Regard’s series B financing round with participation from Cedars-Sinai Health Ventures, as well as existing investors TenOneTen Ventures, Calibrate Ventures and Techstars.
Regard, formerly HealthTensor, raised $5 million in a seed round in 2021 and picked up $15.3 million in a series A funding a year later. The company is now valued at $350 million, TechCrunch reported.
The company plans to use...