Ferrum Health

Healthcare ITSeries ASunnyvale, USferrumhealth.com

Latest round

Series A

Last raised

Aug 2024

Total raised

$24M

Investors

10

About Ferrum Health

Ferrum Health, Inc. was founded in 2017 and is headquartered in Sunnyvale, US. The company focuses on integrating AI into healthcare systems.953 mn.Ferrum Health specializes in healthcare artificial intelligence (AI) solutions, primarily through its AI Orchestrator platform, which facilitates the deployment of leading clinical AI algorithms. This platform enhances patient care by ensuring the secure handling of patient data while streamlining IT costs and accelerating the integration of AI into clinical workflows. Core offerings include real-time monitoring, turnkey validation of AI algorithms, and a catalog of AI solutions from global leaders, tailored for various diagnostic and therapeutic applications such as lung CT scans, mammogram analysis, and chest X-ray evaluations.Ferrum Health generates revenue through a subscription-based model, engaging directly with healthcare institutions that implement its AI solutions. Clients enter into partnerships typically involving the deployment of the AI Orchestrator and related services, which may be bundled for comprehensive care solutions. Revenue is realized through these ongoing subscriptions, allowing clients access to Ferrum’s extensive catalog of AI tools for clinical validation and monitoring. The pricing structure accommodates healthcare facilities of varying sizes, ensuring efficient access to AI solutions.In August 2024, Ferrum Health, Inc. The company is focused on launching new products designed to improve AI integration in clinical settings. Additionally, Ferrum Health plans to expand into new geographic markets, targeting regions in Europe and Asia by 2025, which will facilitate broader adoption of its AI solutions in healthcare systems.

Who invested in Ferrum Health

10 investors across 2 rounds

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Funding rounds

  1. Series A

    Aug 2, 2024

    Amount

    $15M

    Investors

    Locked

  2. Seed

    Mar 3, 2020

    Amount

    $9M

    Investors

    Locked

Questions about Ferrum Health

Who invested in Ferrum Health?

Ferrum Health has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ferrum Health raised?

Ferrum Health has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Ferrum Health last raise money?

Ferrum Health's most recent round on record is a Series A, in Aug 2024.

What does Ferrum Health do?

Ferrum Health is a healthcare it company.

Where is Ferrum Health headquartered?

Ferrum Health is headquartered in Sunnyvale, US.

Which VCs invest in companies like Ferrum Health?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Ferrum Health's stage. Their profiles are linked below.

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