Outbound AI raises $16M seed to expand AI virtual agents for healthcare revenue-cycle administration
Seattle-based Outbound AI raised $16 million in seed funding to expand its AI-powered virtual agents that handle healthcare revenue-cycle administrative tasks like eligibility verification, claims status, and prior authorization.
Seattle Health-Tech Startup DexCare Raises $75M to Expand Patient Appointment Platform
Seattle health-tech startup DexCare raised $75 million to enhance its healthcare patient demand and access platform, one of the Pacific Northwest's largest venture capital deals this year. DexCare, spun out of Providence in 2021, serves major customers including Kaiser Permanente and Providence, aiming to address healthcare system capacity and patient appointment booking challenges.
Outbound AI Raises $16 Million to Expand GPT-Powered Healthcare Billing Automation Amid Rising Patient Demand
Outbound AI, a Seattle-based startup specializing in AI tools for healthcare billing automation, raised $16 million to advance its GPT-powered solutions that streamline insurance claims processes. The company aims to reduce administrative burdens on healthcare workers amid rising patient volumes by offering faster, cost-effective, and HIPAA-compliant AI services.
Seattle Identity Verification Startup Vouched Raises $6.3M Led by BHG VC, Zulily Founders Participate
Seattle-based identity verification startup Vouched raised $6.3 million in a funding round led by BHG VC and SpringRock Ventures, with participation from Zulily co-founders Darrell Cavens and Mark Vadon. The company uses AI to verify identities for over 300 financial and healthcare clients and has now raised over $18 million in total.
Seattle Startup Outbound AI Launches PayerVA Console to Automate Medical Insurance Claims Processing
Outbound AI, a Seattle startup spun out of Madrona Venture Labs with $7 million in seed funding, launched PayerVA Console, a software product that automates and expedites medical insurance claims processing by reducing time spent on payer communications. The tool transcribes calls, extracts key information, and assists human workers to alleviate burdensome tasks in the healthcare payment system.
DexCare, Providence spinout led by CEO Derek Streat, raises $50M to expand patient-access platform
Seattle health-tech startup DexCare, spun out of Providence’s digital innovation group, raised $50 million to accelerate platform development and go-to-market expansion; its software manages health system capacity and patient appointment booking and is used by Providence, Kaiser Permanente, Mass General Brigham, Houston Methodist and others. The round follows a $20 million raise last March and was led by Transformation Capital, whose managing partner emphasized patient competition as a major hospital issue in 2022.
DexCare, spun out of Providence, raises $20M to scale patient access platform; Define Ventures leads round
Seattle health‑tech startup DexCare, spun out of Providence’s Digital Innovation Group, raised $20 million to expand its access-optimization platform that routes patients to appropriate care and integrates with health systems. The 25-employee company, led by CEO Derek Streat and CCO Sean O’Connor, saw increased usage during the pandemic and counts customers like Community Health Network and Houston Methodist.
DexCare announces oversubscribed $20M Series A led by Define Ventures to deliver first digital-care operating system (Mar 22, 2021)
DexCare, a new digital health company spun out of Providence and launched by Derek Streat and Sean O'Connor, announced an oversubscribed $20 million Series A on March 22, 2021, led by Define Ventures with participation from Frist Cressey Ventures, Kaiser Permanente Ventures, SpringRock Ventures and Providence Ventures.
Nuance acquires Seattle voice-assistant startup Saykara to bolster AI healthcare products; terms undisclosed
Nuance Communications has acquired Seattle startup Saykara, whose voice assistant Kara automatically documents doctor-patient conversations, to strengthen Nuance’s AI healthcare products; Saykara’s team including CEO Harjinder Sandhu will join Nuance R&D. Terms were not disclosed; Saykara had raised $10 million, employs about 30 people, and Sandhu previously sold a startup to Nuance and worked there.
NextStep raises $2.5M to expand CNA training platform from Colorado to other states
Seattle startup NextStep, which retrains displaced workers as certified nursing assistants using an app-plus in-person platform, raised $2.5 million to expand beyond Colorado, improve its technology and learning content, and scale employer placements.
NextStep raises $3.6M to scale mobile training and job-placement for displaced workers into healthcare roles
Seattle startup NextStep raised $3.6 million to expand its mobile training and job-placement platform that recruits and trains displaced, low-wage workers for in-demand healthcare roles like CNAs and home health aides.
Cyrus Biotechnology Raises $8M Series A Led by Trinity Ventures to Expand Cloud-Based Protein Modeling for Drug Discovery
Cyrus Biotechnology secured $8 million in Series A funding led by Trinity Ventures to advance its cloud-based protein modeling platform, Cyrus Bench, which aids drug discovery. The software builds on the University of Washington's Rosetta platform, enabling researchers to design novel protein configurations for therapeutic applications.
