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Laudio Announces $13 Million Series B For Its Ai Solution That Drives Productivity And Reduces Burnout In Health Systems

PRIVATEJun 08, 2023

Amount Raised

$13 Million

Round Type

Series B

BostonSoftwareHealth Care

Investors

A.G BreitensteinTele Tracking TechnologiesMemorial Care Innovation FundIn Health Ventures.406 VenturesDefine Ventures

Description

Laudio, the management solution for healthcare, today announced that it has raised a $13 million Series B funding round led by Define Ventures with participation from existing investors .406 Ventures, InHealth Ventures, MemorialCare Innovation Fund, and TeleTracking Technologies. This brings Laudio’s total funding to $25 million and highlights the growing demand from health system CEOs to deploy solutions that increase labor productivity and solve for the burnout crisis amongst frontline workers. A.G Breitenstein, Venture Partner at Define Ventures, is joining Laudio’s Board of Directors and brings a wealth of digital health experience as the founder of FOLX Health and former Chief Product Officer of Optum Analytics.

Quick answer

Laudio LLC raised $13 Million in a Series B round, dated June 8, 2023. Investors: A.G Breitenstein, Tele Tracking Technologies, Memorial Care Innovation Fund, In Health Ventures, .406 Ventures and Define Ventures. Laudio LLC is based in Boston, Massachusetts, United States.

How much did Laudio LLC raise?
Laudio LLC raised $13 Million in a Series B round on June 8, 2023.
Who invested in Laudio LLC?
A.G Breitenstein, Tele Tracking Technologies, Memorial Care Innovation Fund, In Health Ventures, .406 Ventures and Define Ventures are named as investors in this round.
What does Laudio LLC do?
Recognized as a 2022 Top 20 KLAS Emerging Solution, Laudio empowers and connects leaders in healthcare to drive outcomes that matter.
Where is Laudio LLC based and how big is it?
Laudio LLC is based in Boston, Massachusetts, United States.
Who are the decision-makers at Laudio LLC?
Fundz holds 1 contact at Laudio LLC. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Health Care around the same time

Companies in the same sectors as Laudio LLC that raised within 45 days of this round, from Fundz verified event records.

  • RedHill Biopharma Ltd raised $2.7M (Seed) on July 21, 2023.
  • Streamex Corp. raised $495K (Seed) on July 19, 2023.
  • Fold Health raised $6M (Funding Round) on July 12, 2023.
  • Gradia Health raised $4.2M (Seed) on July 12, 2023.
  • nami raised $11M (Series A) on July 6, 2023.
  • Streamex Corp. raised $1.7M (Seed) on June 30, 2023.

Who to call at Laudio LLC, and when

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Company Information

Company

Laudio LLC

Location

414 CHESTNUT STREET

Boston, Massachusetts, United States

About

Recognized as a 2022 Top 20 KLAS Emerging Solution, Laudio empowers and connects leaders in healthcare to drive outcomes that matter. With its leader operations solution, Laudio automates repetitive work and serves up daily recommendations and best practices that help frontline leaders gain better visibility into their teams, find opportunities for meaningful connection, and discover clearer paths to achieving their goals across four key operating pillars in healthcare, including people, operations, quality + safety and patient experience. Soon, every leader will be able to achieve what seems impossible today, and that is the vision that drives us. www.laudio.com.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Laudio LLC raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.