HIT Consultant September 16, 2021
What You Should Know:
– Sorcero, a provider of medical and technical Language Intelligence (LI), today announced the close of a $10M Series A financing round led by CityRock Venture Partners and Harmonix Fund. The round also included participation from Rackhouse, Mighty Capital, and Leawood VC, and joining previous investors, Castor Ventures and Worldquant Ventures, to support the increasing demand from new and existing customers.
– Sorcero’s Language Intelligence platform combines the power of the biggest language models with the accuracy of industry ontologies to deliver the next generation of advanced analytics for medical and technical content. The total addressable market (TAM) is large and growing rapidly, estimated at $42 billion for analytics in life sciences, $8.6 billion in clinical...