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· Posted on
February 21, 2024

Aussie medtech company Harrison.ai just raised $129 mil and it's official - AI is coming for your job

Harrison.ai partner with healthcare companies and develop AI tools to solve specific challenges...We're talkin' revolutionary IVF tools and imaging tools. 

What's the key learning?

  • Aussie medtech Harrison.ai raised a whopping $129 million in one of Australia's largest ever Series B funding rounds
  • Artificial intelligence has started to revolutionise many industries...But healthcare is one of the largest global industry that's yet to have AI deeply embedded
  • The AI healthcare market is expected to reach US$6.6 billion by the end of this year.

Background: Harrison.ai is a Sydney-based software company that builds artificial intelligence tools for the medical industry. 

What happened: They partner with healthcare companies and develop AI tools to solve specific challenges...We're talkin' revolutionary IVF tools and imaging tools. 

What else: Now, they've raised a whopping $129 million in one of Australia's largest ever Series B funding rounds. Not bad for a company that was founded in late 2018.

So what's the key learning?

💡Artificial intelligence has started to revolutionise many industries...like manufacturing, transportation and insurance. But healthcare is one of the largest global industry that's yet to have AI deeply embedded. 

💡AI give computers the ability to do tasks that generally only humans could do...but more efficiently and at a lower cost. In fact, the AI healthcare market is expected to reach US$6.6 billion by the end of this year

💡AI can help people stay healthy, which means less visits to the doctor. So, we can see how Harrison.ai managed to attract so much investor interest.

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