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Parakeet Health has raised $10 million in a Series A funding round led by Canvas Ventures to expand its AI platform for healthcare. The company aims to enhance patient access and service to six of the nation's largest dermatology groups.
Amount Raised
$10 Million
Round Type
Series A
Investors
Description
Parakeet Health recently announced an oversubscribed $10 million Series A led by Canvas Ventures, with participation from Blank Space Ventures, StoryHouse Ventures, and HMC INQ. The funding follows notable 10x growth in annual recurring revenue and will support the company's unified AI platform. Parakeet aims to improve patient communication and care efficiency across healthcare organizations. This funding increases their total capital raised to $13 million.
Fundz sees it the moment Parakeet Health raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansParakeet Health raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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