Veda Secures $45M Of Series B Funding Led By Oak Hc/Ft
PRIVATEJul 27, 2021
Amount Raised
$45 Million
Round Type
Series B
Madison
Description
Today, veda, an artificial intelligence (AI) and machine learning platform that can save healthcare payers and providers up to 90 percent in administrative costs by enhancing the processing speed and accuracy of information, announced the close of $45 million in Series B funding led by Oak HC/FT.
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Company Information
Company
veda
Location
Madison, Wisconsin, United States
About
Veda saves healthcare companies millions annually by automating complex data processes. Our systems enable customers and partners to harness the power of their own data—process, validate and generate meaningful answers that make healthcare more efficient and accessible. Veda enables organizations to dramatically reduce overhead costs by automating complex business rules for data extraction, transformation, and loading (ETL); creating a simplified and streamlined experience for everyone—from the data entry specialist to the end customer. The company is headquartered in Madison, WI. To learn more about veda, visit vedadata.com and follow us on LinkedIn and Twitter.
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Madison