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Avodah Closes $7 Million Seed Round to Scale Digital Healthcare Platform with AI Capabilities

11/18/2021 | 08:15am EDT

Avodah, a transformative SaaS company powering human-centered integrated artificial intelligence (AI) capabilities, announced today closing $7 million in seed funding to advance AvodahMed’s digital healthcare platform. Launched by Avodah in 2020, AvodahMed connects medical providers and patients through bidirectional remote administration, patient monitoring, and care management functions that include near real-time vitals and language translation.

“We’re excited to partner with our investors as we accelerate our growth strategy to improve the lives of patients and their healthcare providers,” said Shawn Ring, Chief Executive Officer, Avodah. “This successful financing round, which was oversubscribed twice, demonstrates the confidence we have achieved from our customers and investors. Our digital healthcare platform's enormous potential equips providers with intelligent tools needed to compete and meet consumer demand for greater choice and convenience.

“As a testament to AvodahMed’s early-stage innovative solutions, MedTech Innovator, the largest accelerator of medical devices worldwide, named AvodahMed to its annual list of 2021 Top 50 startups to participate in the award-winning Accelerator program,” he added.

AvodahMed’s platform integrates clinical workflows and applies AI-driven data analytics to replicate and transform routine pre-visit intake paperwork and other administrative functions to a virtual medical practice environment. With one click, AvodahMed’s platform gives providers and their staff access to patients’ electronic health records (EHRs), video consults, transcription services, group chats, group messaging, remote patient monitoring, practice workflow optimization, and near real-time vitals data.

“At a time of severe healthcare labor shortages, we’re committed to optimizing practice operations to influence better outcomes through increased efficiencies, reimbursements, and patient-provider engagement and collaboration,” added Ring. “Our solutions are designed to support the long-term and sustainable practice needs of the physician and, importantly, the care needs of their distinctive patient populations who might be challenged with health disparities.”

Journalists: Download headshot here of Shawn Ring, Chief Executive Officer, Avodah.

About Avodah and AvodahMed

Founded in 2019 and headquartered in Dallas, Texas, Avodah’s vision is to connect and unite people with human-centered artificial intelligence (AI) technology in a way that delivers high-value, innovative solutions. AvodahMed’s advanced AI-powered digital healthcare platform provides remote pre-visit administration, patient monitoring and care management services for healthcare provider organizations to deliver a high-quality patient experience. For more information, email info@avodah.com or visit https://avodahmed.ai/.


© Business Wire 2021
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