AI healthcare startup Avenda Health secured $10 Million in Series B funding

Avenda Health

Avenda Health, a Culver City-based AI healthcare company, has now secured $10 million in a Series B funding round.

Avenda Health was founded by Shyam Natarajan. It is creating a more personalized future for prostate cancer care. Using deep learning, its software platform maps a patient’s care in 3D, giving physicians precise information and the confidence to make care decisions.

Executive Opinion

Dr. Shyam Natarajan, co-founder and CEO of Avenda Health, said, "Our company's mission is to provide clinicians and their patients greater access to care while maintaining the quality of life that is often missing in prostate cancer treatment. Our technology is solving key issues in men's health, and we look forward to creating real change in prostate cancer care. This funding will play a critical role in expanding the capability and reach of our technology while adding to our experienced team of Urology, medical device, and AI leaders."

Ryan Kole, Partner at VCapital, said, "We are thrilled to be a part of Avenda Health's journey in making incredible strides in the future of prostate cancer care. Investing in something meaningful, innovative and groundbreaking in men's health is something VCapital is proud of."

Avenda Health's latest funding

The round was backed by VCapital with participation from the Wealthing VC Club and Plug & Play Ventures.

The company, as of now, has plans to use the new funds to accelerate the use of iQuest, an AI-enabled patient management software that identifies and visualizes a patient with prostate cancer and to continue clinical evidence development.
PC: Pixabay

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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