Parakeet Health, a San Francisco, CA-based generative AI company focused on improving patient engagement for healthcare providers, raised $3M in Seed funding.
The round was led by Canvas Ventures with participation from CoFound Partners, StoryHouse Ventures and other investors, including former One Medical CEO Tom Lee, MD, and former Twitter CTO Adam Messinger.
The company intends to use the funds to grow its team, further develop its technology, and accelerate its expansion by targeting health systems, multi-site medical practices and large senior primary care providers offered by Medicare Advantage plans.
Led by CEO Jung Park, Parakeet Health is a healthcare AI company developing voice agents to transform patient engagement, reduce administrative burdens and drive higher revenue for providers. Its platform, empowered by advanced LLM technology, supports various patient-experience use cases by managing both inbound and outbound communications at scale.
The platform automates contact center tasks and other repetitive administrative duties using AI voice agents, available 24/7 and in multiple languages, to handle both outbound and inbound patient communications via calls and texts. Use cases include appointment scheduling, managing referrals, patient outreach (prescription status, labs, wellness visits, etc.), billing and payments and answering FAQs.
FinSMEs
15/10/2024