Nabla Unveils Ambitious Plans After Securing 70 Million in New Funding

Nabla raised $70 million in Series C funding to develop AI assistants for healthcare, increasing its total funding to $120 million since 2018. HV Capital led this funding round, with participation from Highland Europe, DST Global, Cathay Innovation, and Build Collective. The company's previous valuation was approximately $180 million during Series B funding in January 2024. Nabla reported a fivefold increase in revenue over the last six months and currently supports over 85,000 clinicians. The AI assistant takes notes and generates medical reports, utilized by over 130 healthcare organizations. It claims to cut clinical documentation time by more than fifty percent and aims to expand into a comprehensive Adaptive Agentic Platform, which will include a real-time coding assistant and context-aware features for electronic health records. Investment in AI startups continues to grow, with nearly half of U.S. venture capital funding over the past year directed toward AI ventures; the first quarter of 2025 saw a record $59.6 billion invested in AI globally.

Learn more on this news visit us at:

https://theweb3.news/news-bites/nabla-unveils-ambitious-plans-after-securing-70-million-in-new-funding/

Hosted on Acast. See acast.com/privacy for more information.