Ryse Health, a healthtech startup based in California, has raised $6.5 million in a Series A funding round led by Fusion Fund, with participation from TI Platform Management, Maverick Ventures, and individual investors.
Ryse Health’s platform uses artificial intelligence and machine learning to provide real-time predictive analytics for hospitals and healthcare providers. The platform aggregates data from multiple sources, including electronic health records, and uses machine learning algorithms to identify trends and predict potential health issues before they become critical.
The funding will be used to expand Ryse Health’s platform and accelerate its growth. The company plans to use the funds to hire additional staff, invest in research and development, and expand its marketing efforts.
“We’re excited to have the support of our investors as we continue to grow and scale our platform,” said Dr. Ryan Buckley, co-founder and CEO of Ryse Health. “We believe that our platform has the potential to revolutionize healthcare by providing real-time predictive analytics that enable healthcare providers to deliver more personalized and effective care.”
The healthcare industry has been rapidly adopting new technologies in recent years, with artificial intelligence and machine learning playing an increasingly important role in improving patient outcomes. According to a report by Grand View Research, the global healthcare artificial intelligence market is expected to reach $31.3 billion by 2025.
In conclusion, Ryse Health’s successful Series A funding round and its use of artificial intelligence and machine learning to provide real-time predictive analytics demonstrate the growing importance of technology in the healthcare industry. As healthcare providers continue to seek new ways to improve patient outcomes, innovative companies like Ryse Health are well-positioned to take advantage of this growing market.