The article discusses Suki, a healthcare AI startup that has raised $70 million in funding to develop its voice assistant technology for doctors. Suki’s AI platform uses natural language processing and machine learning to transcribe doctor-patient conversations and generate clinical notes. The goal is to reduce the administrative burden on physicians, who often spend hours after appointments documenting patient visits. Suki’s voice assistant can understand medical terminology and context, allowing doctors to simply dictate notes during or after appointments. The funding round was led by Arrowroot Capital, with participation from existing investors like Venrock, Asahi Kasei, and Dolby Ventures. Suki plans to use the funds to expand its team and further develop its AI technology. The company has seen significant growth, with its platform now used by over 25,000 doctors across 800 sites. Suki’s CEO, Punit Soni, believes the company’s AI can help address the physician burnout crisis by streamlining documentation and allowing doctors to focus more on patient care.
Source: https://www.businessinsider.com/pitch-deck-suki-raise-70-million-healthcare-ai-abridge-2024-10