{"id":133960,"date":"2022-01-12T19:25:33","date_gmt":"2022-01-13T03:25:33","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/01\/ai-powered-transcription-platform-deepscribe-raises-30m-to-unburden-doctors-from-tedious-data-entry"},"modified":"2022-01-12T19:25:33","modified_gmt":"2022-01-13T03:25:33","slug":"ai-powered-transcription-platform-deepscribe-raises-30m-to-unburden-doctors-from-tedious-data-entry","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/01\/ai-powered-transcription-platform-deepscribe-raises-30m-to-unburden-doctors-from-tedious-data-entry","title":{"rendered":"AI-powered transcription platform DeepScribe raises $30M to unburden doctors from tedious data entry"},"content":{"rendered":"

<\/a><\/p>\n

DeepScribe<\/a>, an AI-powered medical transcription platform, has raised $30 million in Series A funding led by Nina Achadjian at Index Ventures, with participation from Scale.ai<\/a> CEO Alex Wang, Figma CEO Dylan Field and existing investors Bee Partners, Stage 2 Capital and 1984 Ventures. The company\u2019s latest round of funding follows its $5.2 million seed round announced<\/a> in May 2021. DeepScribe was founded in 2017 by Akilesh Bapu, Matthew Ko and Kairui Zeng with the aim of unburdening doctors from tedious data entry and allowing them to focus on their patients.<\/p>\n

In 2019, DeepScribe launched its ambient voice AI technology that summarizes natural patient-physician conversations. The idea for DeepScribe was prompted by Bapu and Ko\u2019s own experiences. Bapu\u2019s father was an oncologist and he saw the toll that documentation had on his father\u2019s work\/life balance. On the other hand, Ko saw how the burden of clinical documentation was impacting patients\u2019 perception of care when he was the care coordinator for his mother when she was diagnosed with breast cancer.<\/p>\n

After being frustrated with the care his mother was receiving, Ko turned to Bapu and his father for help. The pair then began to understand the importance of clinical documentation and realized that recent breakthroughs in artificial intelligence and natural language processing were not being used to remedy the situation. They then decided to create a platform that would address the problem.<\/p>\n","protected":false},"excerpt":{"rendered":"

DeepScribe, an AI-powered medical transcription platform, has raised $30 million in Series A funding led by Nina Achadjian at Index Ventures, with participation from Scale.ai CEO Alex Wang, Figma CEO Dylan Field and existing investors Bee Partners, Stage 2 Capital and 1984 Ventures. The company\u2019s latest round of funding follows its $5.2 million seed round [\u2026]<\/p>\n","protected":false},"author":513,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,6],"tags":[],"class_list":["post-133960","post","type-post","status-publish","format-standard","hentry","category-biotech-medical","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/133960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/513"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=133960"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/133960\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=133960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=133960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=133960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}