General Catalyst has been active in digital health, closing over 60 deals in the past five years, and recently acquired Summa Health for $485 million through its Health Assurance Transformation Corp. AWS, known for offering the most healthcare-specific cloud services, is seen as a crucial partner in this initiative. Chris Bischoff, General Catalyst's director of global healthcare investing, emphasized the importance of having a strong partner like AWS to support and co-develop these solutions, underscoring the shared vision between the two companies.
Key takeaways:
- Amazon Web Services and General Catalyst are collaborating to develop AI-powered tools for healthcare, leveraging AWS technology and data services.
- General Catalyst's portfolio companies, Aidoc and Commure, are among the first to participate, with new tools expected in 2025.
- The partnership aims to accelerate AI startups' development and market entry, with AWS providing co-development and support.
- Both AWS and General Catalyst have significant healthcare presence, with General Catalyst involved in over 60 digital health deals in the past five years.