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Corti, an AI 'co-pilot' for healthcare clinicians, raises $60M | TechCrunch

Sep 20, 2023 - techcrunch.com
Copenhagen-based startup Corti has raised $60 million in a Series B funding round led by Prosus Ventures and Atomico, with participation from previous investors Eurazeo, EIFO, and Chr. Augustinus Fabrikker. Corti has developed an AI assistant to aid healthcare clinicians with real-time patient assessments. The company, which was assisting in 15 million consultations annually two years ago, now works with 100 million patients a year and is used 150,000 times a day. Corti claims its tools can improve healthcare workers' accuracy in outcome predictions by up to 40% and speed up their administrative tasks by 90%.

Corti's AI assistant covers a range of areas, including patient interaction triaging, documentation, analysis, second opinions, and note-taking for improvement and training purposes. The company has built its own models and components, and has not brought on medical experts in-house to avoid potential bias. Despite initial pushback about job replacement and accuracy concerns, Corti's platform has gained acceptance and is now used by emergency services in Seattle, Boston, and Sweden, as well as numerous hospitals and other medical services.

Key takeaways:

  • Copenhagen-based startup Corti has raised $60 million in a Series B investment round to expand its AI assistant designed to support healthcare clinicians with real-time patient assessments.
  • The company now works with 100 million patients a year and claims its tools can help healthcare workers be up to 40% more accurate in outcome predictions and 90% faster in administrative tasks.
  • Corti's AI assistant covers a range of areas including triaging during patient interaction, documenting the interaction, providing analysis, giving second opinions, and providing notes for improvement and training.
  • Despite initial pushback about job replacement and accuracy, Corti's platform has been increasingly accepted, with the company aiming to make AI a standard, "boring" term in healthcare.
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