Cognitive Insights Platform for Life Scienses startup WhizAI secured $4 Million in Funding

WhizAI, a New Jersey-based cognitive insights platform for the life sciences, has now secured $4 million in a seed funding round.

WhizAI is founded by the Rohit Vashisht in the year 2017. It offers a purpose-built cognitive insights platform for life science, empowering users to get answers to their business questions by asking with the help of a voice, text on the web, and smartphone.

Rohit Vashisht, co-founder and CEO, WhizAI, said, "Our cognitive insights platform is fundamentally changing the way life sciences users analyze data and consume business insights. The days of data silos, piecemeal analytics, dashboard deluges, and extensive software training are over. This funding enables us to expedite our sales footprint and execute our product vision".

Anya Schiess, founder and general partner of Healthy Ventures, said, "The life sciences industry is increasingly running on data, yet major companies keep telling us they can’t make use of it all. We were delighted to find that Rohit and Amitabh, two seasoned entrepreneurs with decades of experience in business intelligence, built a product to solve this problem exactly. WhizAI’s platform is deeply powerful, yet magically easy to use. It is already transforming and deepening the relationship between business users and data insights."

For WhizAI, the latest round brings the total money secured to date to $6.5 million. The Healthy Ventures led the funding round. Other participating investors include Firebolt Ventures, Bling Capital, and existing investors.

Post funding, Anya Schiess, the General Partner at Healthy Ventures, will join as the WhizAI, Board of Directors team.

The company, as of now, has plans to use the new funds to grow its presence by expanding its team across the globe and investing in sales and marketing department.

PC: Pablo, Unsplash