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Wisedocs Closes Oversubscribed $4.1M Seed Financing To Revolutionize The Medical Record Review Process For The Insurance Industry

Mar 17, 2022over 3 years ago

Amount Raised

$4.1 Million

Round Type

seed

Toronto

Description

Wisedocs, machine learning software-as-a-service for medical record processing closes $4.1 million (CAD) oversubscribed Seed financing round. The investment is led by Ripple Ventures, with participation from Greensky Capital, and angel investors including George A. Papayiannis of Vena Solutions, and startup veteran, Tim Lett. The seed financing round follows a previous pre-seed investment.

Company Information

Company

Wisedocs

Location

Toronto, Ontario, Canada

About

Wisedocs is a software platform that makes it easy to sort, understand, and organize unstructured medical records through proprietary Intelligent Optical Recognition and Machine Learning. They are on a mission to erase the headache of manual work to create a more positive experience for insurance companies, legal firms, healthcare providers, and their claimants. Founded in 2018, Wisedocs is at the forefront of AI-enabled ICR for medical records.