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Healthcare AI startup Anterior secured $20 M Series A funding from New Enterprise Associates

Anterior, a global AI startup in healthcare, announced that its $20 million Series A funding round was complete.

Anterior said in a statement that New Enterprise Associates (NEA) led the funding round, with participation from Sequoia Capital, Blue Lion Global, and Neo.

The company recently changed its name from Co:Helm to Anterior.

Anterior claims that this funding will enable it to expedite its hiring and growth strategies, guaranteeing that it will continue to attract and retain top talent and maintain state-of-the-art technology.

Florence (Nightingale), Anterior’s artificial intelligence (AI) clinical co-pilot, is a clever name for a robot that solves problems that technology couldn’t solve before.

Anterior nurses attend the company’s technology review stand-ups specifically to provide insights on product development and user experience, all while keeping the clinician’s point of view front and center.

Anterior is made with the intention of having human clinicians carefully consider and approve each and every one of its recommendations.

“Our proprietary technology will reduce the administrative burden health insurers in the U.S. face, ultimately saving the country billions and enabling doctors and nurses to work at the top of their license,” said Abdel Mahmoud, M.D., Co-founder and Chief Executive Officer of Anterior.

“With half of our team being doctors or nurses, we deeply understand the problem we’re solving,

“We’re thrilled to join forces with NEA and have the continued support of our existing partners as we continue to put our technology to use for healthcare payers and the long-term benefit of patients across the U.S,” he added.

It is reported that Anterior’s board of directors will welcome Mohamad Makhzoumi, the co-chief executive officer of NEA.

“As NEA explores the outer edges of possibility in healthcare and technology, Anterior is a perfect fit for our portfolio. I’m excited to join the team in a board position as they supercharge their next stage of growth,

“There is a critical need to create efficiencies in healthcare administration, and Anterior’s advanced technology can help streamline processes, reduce costs, and have a significant impact on the industry,” said Makhzoumi.

Abdel Mahmoud, a former employee of Google and Facebook who is now an engineer, founded Anterior.

The company’s goal is to relieve medical professionals like doctors and nurses of their administrative burden.

 

 

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