In A Series A round, Heaps Health Solutions Raises $7.45 Million

Heaps Health Solutions, an AI-driven healthtech business, has raised $7.45 million in a Series A fundraising round led by NVS Wealth Managers.

Heaps, a network-as-a-service provider that provides insurers, hospitals, and companies with AI-based patient engagement platforms, said it expects to use the new funds to grow its staff, expedite product development and optimization, and expand into new areas.

Suman Katragadda, the company’s founder and CEO, stated, “Heaps intends to revolutionize healthcare delivery and payment paradigms on a worldwide scale.” “We’ve taken great care to ensure the privacy and confidentiality of the data, and we’ll be using it to transform it into meaningful insights for payers, providers, and patients.”

To revolutionize healthcare delivery and payment paradigms, the company uses powerful data analytics, artificial intelligence, and machine learning (ML). Patients, payers (insurance companies), providers (hospitals), and large enterprises are among the key stakeholders with whom it collaborates.

Photo Courtesy: The Economic Times, Harvard Business School Online

Source: The Economic Times