Mendaera Closes $73M Series B Financing to Scale Robotics and AI Across Mainstream Medical Procedures
Summary
Here in the messy middle of healthcare, where demand is high and skills are deceptively hard to acquire, a scarcity of experienced proceduralists results in care bottlenecks and increased costs. By better distributing care for this ubiquitous yet often-overlooked category of procedures, Mendaera aims to improve hundreds of millions of patient encounters per year and drive systemwide efficiencies. But robotics and AI have evolved to a point where we can deliver broader benefits across all parts of the healthcare system and enable higher standards of care for more patients. Mendaera has the unique ability to improve the patient experience and make high-quality care widely accessible, said Emily Melton, Founder and Managing Partner at Threshold Ventures. Earlier this year, Mendaera announced that it had acquired the telepresence technology of Avail Medsystems to expand its portfolio to include virtual connectivity.