Cornerstone AI, a San Francisco, CA-based maker of an AI software solution that cleans real world healthcare data, raised additional $5M in Funding.
The round was led by Acrew Capital, with participation from existing investors Initiate Ventures and Healthy Ventures, as well as Travis May, founder and former CEO of Datavant, and Web Sun and Arif Nathoo, the co-founders of Komodo Health. Acrew Founding Partner Vishal Lugani will join the board of directors.
The company intends to use the funds to expand operations and its development efforts.
Cornerstone AI improves clinical data through advanced software that prepares data for analysis. Its solution learns the structure and relationships for any dataset, creates models for every data point leveraging what was learned, uses the models to identify corrections for inconsistent data points, intelligently fills in missing data, and exports clean data with a complete audit trail.
In addition, the company announced that Viraj Narayanan will assume the role of CEO through its next phase of growth, as Founder Michael Elashoff will take on the role of Chief Science Officer to lead the development of Cornerstone’s AI algorithms and software.
FinSMEs
30/10/2024