Health Tech Startup, Outbound AI, Completes $16M Raise to Accelerate Growth of AI Agents Performing Administrative Tasks

Purpose-Built to Augment Human Talent, the Company’s Virtual Agents and Software Consoles have Gained Widespread Popularity Among Healthcare Providers and Service Organizations Nationwide, Uniquely Leveraging Conversational AI, Generative AI, and Machine Learning to Maximize Workforce Performance and Job Satisfaction Never have healthcare’s administrative burdens been so acute than in the face of post-pandemic resource and budget constraints, which is why demand is on the rise for Outbound AI‘s pioneering virtual agents and software consoles powered by its proprietary Conversation AI Cloud. The tech startup today announces the completion of its seed financing, with the latest round co-led by Seattle-based Madrona Venture Group and SpringRock Ventures. Outbound AI emerged from stealth mode last year to a market hungry for solutions that improve both productivity and profitability. “We’ve developed AI-powered virtual agents capable of performing many different administrative tasks, and our software consoles provide customers with complete transparency, visibility, and control,” says Stead Burwell, Founder and CEO at Outbound AI. “We started in revenue cycle, but our Conversation AI Cloud is poised to support healthcare knowledge workers across a variety of functional areas, settings, and specialties.” The company defines its mission as “elevating the human work experience in healthcare,” which embodies Burwell’...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Ascend Epic Ventures Health IT Funding Health IT Fundings Health IT Investment Jonathan Wiggs KCRise Fund Kirsten Morbeck Locke Capital Madrona Venture Group Microsoft Corporation Nuance Communicat Source Type: blogs