AI Healthcare: Assort Health Raises $50M to Automate Calls
Assort Health, an AI in healthcare startup, has secured $50 million in a Series B funding round led by Lightspeed Venture Partners, valuing the company at $750 million. This follows a $22 million Series A raised four months prior. The capital will expand its AI-driven voice agents that automate high-volume patient calls, including appointment scheduling, cancellations and FAQs. By reducing wait times, cutting operational costs and freeing staff for complex tasks, Assort Health aims to improve patient communication and clinic efficiency. Founded by former medical student Jon Wang and ex-Facebook engineer Jeff Liu, the two-year-old company posts over $3 million in annual recurring revenue, focusing initially on orthopaedics and physical therapy before adding Ob-Gyn, dermatology and dentistry. The rapid adoption and substantial backing underscore growing investor confidence in AI in healthcare solutions.
Neutral
This announcement focuses on AI adoption in healthcare and does not involve any cryptocurrency or blockchain elements. Historical funding news in the AI sector typically has no direct impact on crypto market dynamics. Therefore, the article’s influence on trading activities is expected to be neutral in both the short term and the long term.