Pharos raised $5 million in a seed round led by Felicis to grow its engineering team and enhance clinical quality reporting automation for hospitals.
PRIVATEOct 25, 2024
Amount Raised
$5 Million
Round Type
Seed
San FranciscoBiotechnologySoftwareHealth CareArtificial IntelligenceMedicalMachine LearningHealth Diagnostics
Investors
Y CombinatorMoxxieGeneral CatalystFelicis
Description
Pharos announced the completion of a $5 million seed funding round led by Felicis, with participation from General Catalyst, Moxxie, and Y Combinator. The funding will support the expansion of their engineering team, allowing for automated reporting to new clinical quality registries.
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Company Information
Company
Pharos
Location
San Francisco, California, United States
About
Pharos automates hospital quality reporting and helps staff identify the root causes of avoidable harm. Their AI automates chart abstraction for quality registries and process adherence measures, reducing staff burden and providing data instantly, rather than weeks after discharge.
You can't improve what you can't measure. Pharos enables quality teams to see where and why safety issues are happening in real time, enabling them to take action on issues like sepsis mortality, hospital acquired infections and pressure ulcers.
Pharos is a mission-driven team of clinicians and AI researchers from Meta, J.P. Morgan and Orion Health. They recently raised $5m in funding from Felicis, General Catalyst, Moxxie and Y Combinator to enable hospital quality teams with AI.
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Fundz sees it the moment Pharos raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
San FranciscoBiotechnologySoftwareHealth CareArtificial IntelligenceMedicalMachine LearningHealth Diagnostics