Israeli health tech startup Agamon has raised $3 million in funding from MMC Ventures, InHealth Ventures, Seedcamp and Bayer G4A to help hospitals improve its processes by transforming clinical text into structured data.
Agamon offers AI software that it says can train hospital computers to ‘read’ and interpret the particular language used by doctors, which is especially useful for real-time clinical reports that ensures patient care to run smoothly.
“The inability of today’s computers to understand doctors’ unique way of writing has been a major issue. Doctors can correctly describe an ‘infiltrating mass’ without writing the word ‘tumor’ or write ‘bilateral ground glass peripheral opacity’ without explicitly indicating a suspicion for COVID-19,” says Michal Meiri, co-founder and CEO of Agamon.
The company says it plans to use the fresh cash to “scale their deployments with more hospitals globally and further train the AI and widen its clinical spectrum”.
The Israeli startup is already working with hospitals around the world, including US-based Jefferson Health System and Henry Ford Health System.