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Health Care AI Startup Raises $60 Million From General Catalyst, Thrive, GV

Feb 24, 2024 - bloomberg.com
Fabric Labs Inc., an AI-based startup that automates clinical and administrative tasks in healthcare, has secured $60 million in a funding round led by General Catalyst. The company offers a telemedicine platform and software designed to simplify processes such as patient intake and symptom collection.

Fabric Labs also enables patients to search for their symptoms or conditions. According to CEO Aniq Rahman, the company has protocols that correspond to approximately 400 unique diagnoses.

Key takeaways:

  • Fabric Labs Inc., a startup using AI to automate clinical and administrative tasks in health care, has raised $60 million in a funding round.
  • The funding round was led by General Catalyst.
  • The company provides a telemedicine platform and software to streamline processes like patient intake and symptom collection.
  • Fabric Labs also allows patients to search for their symptoms or conditions, and has protocols that map to about 400 unique diagnoses.
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