Carta Healthcare Raises $17.3M for AI-Assisted Data Abstraction
What You Should Know:
– Carta Healthcare, a provider of AI-powered clinical data abstraction technology and services, is pleased to announce a recent $17.3M Series A investment led by Storm Ventures. AI Digital Innovation Fund (affiliated with Mass General Brigham), CU Health Innovation Fund (affiliated with University of Colorado Anschutz Medical Campus), Asset Management Ventures, Maverick Ventures, Healthy Ventures, Waterline Ventures, Seven Peaks Ventures, Katalyst Ventures, and Atypical Ventures also participated in the round.
– Founded in 2017, Carta Healthcare uses industry-leading artificial intelligence (AI) technology to collect, analyze, and act upon clinical data. Through natural language processing and machine learning, Carta’s technology dramatically reduces the labor associated with manual data abstraction processes typically required to curate trustworthy, actionable datasets.
The battle lines have been drawn on rental listings.
Taking on the likes of Zillow and CoStar, Redfin struck a deal to buy RentPath for $608 million, the company said Friday. Yes, that’s the same RentPath that called off a $588 million sale to CoStar last year, after federal regulators blocked the deal on antitrust grounds. With Redfin, there are no such concerns since Redfin is new to the rental game.
During an investor call, Redfin CEO Glenn Kelman said one-third of Americans are renters, and to dominate the listings game the company needed to add rental inventory. (RentPath owns Rent.com, Rentals.com and ApartmentGuide.com, and averages 16 million monthly viewers from those sites.)
Competition for renters is fierce and property managers are turning to technology to get a leg up.
To meet that demand, Seattle-based Knock – one startup that has developed tools to give property management companies a competitive edge – has raised $20 million in a growth funding round led by Fifth Wall Ventures.
Existing backers Madrona Venture Group, Lead Edge Capital, Second Avenue Partners and Seven Peaks Ventures also participated in the financing, which brings the company’s total capital raised to $47 million.
Demetri Themelis and Tom Petry co-founded Knock in 2014 after renting “in super competitive markets” such as New York City, San Francisco and Seattle.
Knock co-founders Tom Petry and Demetri Themelis (Photos via Knock)
Knock, which bills itself as the “front-office tech stack” for apartment landlords, has raised $20 million in growth equity to accelerate the rollout of new products, including virtual touring and leasing.
The round, led by Fifth Wall Ventures, brings the startup’s total funding to $47 million. Previous backers Madrona Venture Group, Lead Edge Capital, Second Avenue Partners and Seven Peaks Ventures also participated in the round.
Based in Seattle, Knock’s core product is a customer relationship manager (CRM) for multifamily owners. The funding will allow the company to invest in new products, including centralized sales and lease management, virtual tours, applicant screening and AI communications and forecasting. Knock has 100 employees, and plans to add 40 to 50 more this year.
WTIA names 22 Washington tech startups selected for latest Founder Cohort Program
January 21, 2021 at 11:56 am
(BigStock Photo)
Washington Technology Industry Association (WTIA) announced the 22 tech startups that have been selected for the organization’s recurring Founder Cohort Program on Thursday.
Part of WTIA’s Startup Program, the virtual Founder Cohort supports seed-stage startups and helps them develop their venture-scale companies over the course of six months. Each company must be headquartered in Washington, have at least one product in development, have an annual revenue of less than $1 million, and made it through WTIA’s application process.
The program is led by a committee of seasoned tech founders and entrepreneurs, including Dave Parker of Seven Peaks Ventures, Susan Preston of SeaChange Fund, and Leslie Feinzaig of Female Founders Alliance & Venture Kits. Each company gets support and guidance through the crucial stages of fundraising, corporate governan