Fabric Secures $60M Series A to Streamline Care Experiences, Consolidating Fragmented Health Technology

Funding comes from General Catalyst, with Continued Participation from Thrive Capital, GV (Google Ventures), Salesforce Ventures, Box Group, and Others Fabric will use the Funding to Bolster its Technology and Team, Accelerating the Development of Innovative Solutions that Serve 70 Health Systems, 3,800+ Clinicians, and Millions of Patients Across Urgent, Emergency, Surgical, and Primary Care Funds will also be used to Advance AI Solutions and Explore Strategic Acquisitions Fabric, developers of a leading care enablement system that is humanizing care by automating clinical and administrative work, today announced its $60M Series A funding, led by General Catalyst, with continued participation from Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, Box Group, and Atento Capital. The funding comes on the heels of Fabric’s strategic acquisition of GYANT, a conversational AI care assistant and patient engagement suite, propelling the company forward and marking a significant leap towards fixing the patient-to-clinician journey by enhancing accessibility, efficiency, and outcomes for both in-person and virtual care interactions. Fabric will dedicate a large portion of the funding to team growth and advancement of its care enablement system that delivers convenience and workforce automation through a unified platform that replaces a patchwork of fragmented technology solutions. Patients benefit from self-service features and post-visit engagement, while c...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Aniq Rahman Atento Capital Box Group Fabric General Catalyst Google Ventures GV Health IT Funding Health IT Fundings Health IT Investment Holly Maloney Luminis Health Saad Chaudhry Salesforce V Source Type: blogs