Healthtech Platform Nabla Raises $24M Series B Round

The capital will help Nabla enhance its AI assistant that works to save clinicians time by automating EHR tasks.

Written by Built In Staff
Published on Jan. 08, 2024
Nabla's co-founders pose for a photo.
Nabla's co-founders pose for a photo.
Nabla's co-founders. | Photo: Nabla

Nabla, developer of an ambient AI assistant for clinicians, has raised $24 million in a Series B funding round led by Cathay Innovation. The funding will be used to expand the Boston-based company’s footprint across United States healthcare systems.

Managing electronic health records, or EHRs, has been identified as a major stressor for clinicians. Nabla’s Copilot product aims to address this issue by providing AI-powered note-generation capabilities, medical coding recognition and streamlined EHR integrations. By automating these tasks, Nabla Copilot helps clinicians time to focus more on patient care.

The company will also invest in adding more language options to Nable Copilot in the interest of improving health equity. Since its launch in March 2023, the company says more than 20,000 providers have adopted the solution that works to alleviate the administrative burden on healthcare providers and reduce clinician burnout.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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