A $15 million Series A fundraising round was secured by Boston, Massachusetts-based Opmed.ai, a supplier of AI optimization platform for healthcare.
Investors
- NFX and Grove Ventures (led the round)
- Unbox Ventures
- Impact investor Sir Ronald Cohen
- Secret Chord Ventures
Use of funds
The money will be used by the business to increase operations and development initiatives.
Leading healthcare facilities in the US and Israel have already used Opmed.ai, and it is working with top health systems including Mayo Clinic.
“This round will enable us to accomplish our mission of providing less labor-intensive, more effective ways for hospitals to perform at their best while they grapple with critical issues such as staff shortages.”
Mor Brokman Meltzer
About Opmed.ai
Opmed.ai is a healthcare optimization engine that uses AI and network science to improve healthcare scheduling and resource allocation, starting with operating rooms. It was co-founded by Dr. Mor Brokman Meltzer, Avi Paz, and Prof. Baruch Barzel. The company enables medical centers and health systems to optimize resource allocation across multiple locations, predict disruptions, and adapt to change by analyzing billions of permutations and factors unique to healthcare within the complex network of an operating room. This results in an average annual cost reduction of more than $500K and the generation of an additional $1M+ revenue per operating room.
