- Huma completes Series D funding round with over $80m, launching cloud platform
- Huma aims to reduce time to develop and launch digital health projects using Huma Cloud Platform
- Huma’s platform offers no code configuration of disease management tools, device connectivity, and AI algorithms
- Series D funding saw participation from new and existing investors, including AstraZeneca and Bayer
- Huma’s technology has powered projects in over 3,000 hospitals and clinics, with revenue doubling year-on-year
Huma Secures Over $80m in Series D Funding
Huma, the global healthcare AI company, has successfully completed its Series D funding round, raising over $80 million. This funding round is pivotal for the company as it aims to further develop its FDA Class II and EU MDR Class IIb platform, which is set to revolutionize the digital health landscape worldwide. The funding will also be instrumental in launching the Huma Cloud Platform, a comprehensive technology ecosystem that promises to streamline the development and deployment of digital health solutions efficiently.
With a total issuance of shares exceeding $80 million, Huma has now raised over $300 million in total, showcasing the confidence and support it has garnered from new and existing strategic and financial investors. Notable participants in the Series D round include industry giants like AstraZeneca, Hat Technology Fund 4 by HAT SGR, HV Fund by Hitachi Ventures, and Leaps by Bayer, among others. The involvement of such prominent investors underscores the potential and impact of Huma’s innovative approach to digital healthcare.
Huma Cloud Platform: Empowering Digital Health Initiatives
In conjunction with the Series D funding announcement, Huma has unveiled its groundbreaking Huma Cloud Platform. This platform is not only designed to bolster Huma’s own digital health initiatives but also to empower other organizations to efficiently launch and scale their projects. By leveraging the Huma Cloud Platform, companies can drastically reduce the time required to develop and launch digital health projects at scale, potentially cutting down the timeline from years to just a few days.
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The Huma Cloud Platform offers a myriad of features, including no-code configuration of regulated disease management tools, a library of pre-built modules, device connectivity capabilities, cloud-agnostic hosting framework, readily available APIs, integration capabilities, and the ability to host and deploy diagnostic and predictive AI algorithms. This comprehensive suite of tools and functionalities aims to advance digital-first care and research, setting new standards in the healthcare industry.
Driving Innovation and Collaboration in Healthcare
Huma’s technology has already made significant strides in the healthcare landscape, powering projects in over 3,000 hospitals and clinics worldwide. With over 35 million individuals engaged and screened using the platform, and 1.8 million active users across products in more than 70 countries, Huma has demonstrated its ability to reach a global audience and drive impactful outcomes in healthcare delivery.
The company’s collaboration with over half of the top 20 pharmaceutical companies globally underscores its commitment to driving innovation and creating value in the healthcare ecosystem. By partnering with industry leaders like Google, Huma is at the forefront of developing new AI models that have the potential to revolutionize patient care and treatment pathways, all while reducing administrative burden and increasing efficiency.
Future Outlook: Transforming Healthcare with AI and Digital Solutions
Looking ahead, Huma is poised to leverage its Huma Cloud Platform and cutting-edge AI models to make a significant impact on digital-first care and research initiatives. By enabling small startups and enterprises to launch much-needed digital solutions faster and more affordably, Huma is paving the way for a future where healthcare is proactive, personalized, and accessible to all.
Dan Vahdat, Founder and CEO of Huma, encapsulates the company’s vision succinctly, stating, “We are here to accelerate the adoption of digital and AI across care and research, and we do that by making the building of digital health solutions for care and research easy.” With a focus on democratizing access to advanced healthcare technologies, Huma is on a mission to transform medicine from being reactive to proactive, ushering in a new era of innovation and efficiency in healthcare delivery.
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