Authenticx Raises $20M in Series B Funding
Summary
Authenticx, an Indianapolis, IN-based company focused on humanizing conversational intelligence in healthcare, raised $20M in Series B funding. As part of the investment, Blue Heron Capital Operating Advisor, Scott Sanner, will join the Authenticx Board of Directors. The company intends to use the funds to further increase customer-centricity in healthcare by: Led by CEO Amy Brown, Autenticx focuses on humanizing conversational intelligence in healthcare by analyzing millions of customer interactions (like voice, chat, or emails) to surface immersive and intelligent insights at scale. The investment comes after a significant year of growth for Authenticx, which saw a 2.5x increase in ARR in 2022 and 64 new employees since July 2021, many of whom joined product innovation and sales departments. Additionally, the customer base doubled over the last year, with its client portfolio now including five of the top 10 leading global pharmaceutical companies.