Outbound AI, a Seattle, WA-based heath tech startup that provides conversation AI cloud, raised $16M in funding.
The round was co-led by Madrona Venture Group and SpringRock Ventures. Other investors included Epic Ventures, Ascend, Pack Ventures, Locke Capital, Tacoma Venture Fund and KCRise Fund.
The company intends to use the funds to accelerate growth of AI agents performing administrative tasks.
Led by Stead Burwell, Founder and CEO, and Jonathan Wiggs, Co-Founder and Chief Technology Officer, Outbound AI is a provider of a conversation AI built for healthcare. Founded in 2021, the company works with cloud technologies that serve as workforce multipliers to drive productivity while improving the daily job experience for human talent. Its inaugural offering includes a portfolio of AI-powered virtual agents specially trained to streamline administrative work across the revenue cycle, including claims status, eligibility and benefits verification, prior authorization and more.
FinSMEs
22/06/2023