Unicorn K Health Raises $59 Million in Down Round

The Startup, which was Valued at $1.4 Billion in 2021, has Developed a Platform that uses AI to Combine Professional Medical Knowledge with Patient Clinical Data, Providing Doctors and Users with Information about the Diagnoses and Treatments of Others with Similar Symptoms and Conditions Israeli startup K Health, which develops a data-driven digital primary care platform, has raised $59 million from the company’s investors and the largest hospital in California, Cedars Sinai. In a conversation with Calcalist CEO and Co-Founder, Allon Bloch refused to comment on the company’s valuation in its latest funding round, but according to estimates, K Health suffered a decrease in valuation from the $1.4 billion it reached when it raised a $142 million Series E in 2021. In total, the company has raised $325 million to date. K Health has built a platform that uses AI to combine professional medical knowledge with patient clinical data, providing doctors and users with information about the diagnoses and treatments of others with similar symptoms and conditions. The startup has built a language model with machine learning algorithms on top of it, which according to the company, collects all relevant info, knows what info to ignore, constructs a differential diagnosis, and then decides if to diagnose, refer to further testing or a specialist, or simply perform watchful waiting. K Health was founded in 2016 by Allon Bloch (CEO), Ran Shaul (Chief Product Officer), Israel Roth (CTO...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT 4W Adam Singolda Allon Bloch BoxGroup Calcalist Cedars-Sinai Dr. Dan Zelter Dr. John Ebbert Gal Gadot Health IT Funding Health IT Fundings Health IT Investment Israel Roth Israeli HMO Maccabi H Source Type: blogs