NEWS26 August 2021

Covera Health raises $25m funding

AI Healthcare News North America

US – Healthcare quality analytics company Covera Health has secured investment of $25m in a Series C round led by venture capital and private equity firm Insight Partners.

Healthcare data abstract image

Founded in 2017 and based in New York, Covera Health offers advanced clinical analytics and machine learning.

The company’s analytics platform, based on data science and artificial intelligence, is used to inform outcomes across medical conditions and diseases including musculoskeletal and spinal conditions and cancers.

The company’s Radiology Centers of Excellence (CoE) programme, used by employers and health plans, is based on the platform.

The funding will allow Covera to develop more products.

Lonne Jaffe, managing director, Insight Partners, said: “We’re excited to continue this journey with Covera as they harness their artificial intelligence platform to transform how healthcare is measured and delivered.”