In a recent press release, Jvion, a market leader in healthcare AI, announced today that it raised a significant growth equity investment led by JMI Equity (JMI)—a growth equity firm focused on investing in leading software companies.
Additional investors in the fundraise include Health Enterprise Partners (HEP) and Health Velocity Capital (HVC), two leading healthcare investment firms whose limited partner networks comprise some of the largest hospital systems and health plans in the country.
Jvion will use the funding to further establish its leadership position in healthcare AI – accelerating expansion across the provider market, driving application of the company’s AI platform to other segments including the payor and pharmaceutical markets, and fueling the company’s rapid pace of innovation to better serve its customers and constantly improve patient care.
“The need for effective enterprise AI specific to meeting the challenges in healthcare is only going to grow as unmet clinical demand and costs increase,” said Shantanu Nigam, CEO of Jvion. “Jvion’s prescriptive analytics approach is playing a key role in directing the right care to the right patients at the right time, leading to improved health outcomes and significant cost reductions for our customers. This financing and our partnership with JMI, HEP, and HVC will enable us to help more patients across more communities and better serve the complex, dynamic needs of the broader healthcare marketplace.”