Mount Sinai joins $12M investment round for healthcare AI company

New York City-based Icahn School of Medicine at Mount Sinai joined in on a $12.1 million series A financing round for BeeKeeperAI.

Advertisement

BeeKeeperAI helps health systems deploy artificial intelligence tools in a way that keeps data secure. The company will use the financing to expand its flagship EscrowAI platform, according to a June 27 BeeKeeperAI news release.

EscrowAI is a platform built with Microsoft Azure, which is designed to allow medical organizations to conduct HIPAA-compliant research on real data.

“We look forward to deploying EscrowAI to further secure the privacy of Mount Sinai’s data, and our confidence in EscrowAI is evidenced by our investment in BeeKeeperAI. The deployment will streamline collaborations to positively impact health and well-being for patients and society,” Erik Lium, PhD, chief commercial innovation officer at Mount Sinai and president of Mount Sinai Innovation Partners, said in the release.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Register to Attend Webinar

The hidden cost of lost clinical time and how leading health systems are responding

Friday, August 7
12:00 PM - 1:00 PM CDT

Presenters: Kassaundra McKnight-Young, Zebra TechnologiesGregory Carras, Zebra TechnologiesJennifer Gene, Levata

Advertisement

Next Up in Innovation

Advertisement

Comments are closed.