Maverick Medical AI Closes a $5 Million Seed Investment Round for Accelerating Development of its mCoder Artificial Intelligence Platform for Additional Clinical Domains

Funding Rounds

Summary

Maverick Medical AI Closes a $5 Million Seed Investment Round for Accelerating Development of its mCoder Artificial Intelligence Platform for Additional Clinical Domains Maverick Medical AI has announced that it has closed a $5 million seed investment from leading investors in the healthcare IT industry. Recommended AI News: Red Hat Helps Türk Telekom Digitally Transform Across its Business to the Edge The mCoder platform is based on the most advanced deep learning AI technology backed up with proprietary algorithms that generate synthetic data, enabling the platform to support superior coding of patient reports in multiple clinical specialties. Maverick’s platform has been validated and used by several leading U.S. healthcare providers in the $16.4 billion U.S. medical coding market (2020 figures). Yossi Shahak, Maverick’s CEO noted, “The addition of these top-tier investors to our company is a vote of confidence for our highly differentiated AI platform. Our unique offering is generating significant interest from U.S. providers, and we look forward to expanding our partnerships and customer base.” Recommended AI News: LiveRamp Embedded Identity is Now Available in the Snowflake Media Data Cloud [To share your insights with us, please write to sghosh@martechseries.com]

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Amount $5.0M Total raised
Date March 7, 2022 Announcement date
Investors - Lead investors
Company https://www.maverick-med.com/ Funded company

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HealthTech
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AI & Machine learning

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