Assistiq raises $ 11.5 million to scale ai-enabled supply tracking tech

Assistiq raises $ 11.5 million to scale ai-enabled supply tracking tech

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Assistiq, which offers Hospitals Computer Vision technology for Supply Chain Management, has obtained $ 11.5 million in Serie A financing.

The round was led by Battery Ventures, with the participation of the existing investor Tamarind Hill.

Brandon Gleklen, director of Battery Ventures, will become a member of the company’s board of directors.

What it does

The company, based in Montreal, offers Hospitals AIQ Capture, the flagship product, which makes it possible to follow offer in or and procedural rooms. It follows real -time use and implant use, the company says that it makes less waste possible.

“Our mission is to build trust in data and to strengthen health systems with AI-driven insights that improve margins, stimulate sustainability and ultimately improve patient care,” said Lisa Israelovitch, Assistiq CEO, in a statement.

“We are pleased with the market reaction to our product and grateful for our partners of the health system, whose collaboration helps us innovate and deliver solutions that create value in clinical and operational workflows. We are also pleased to welcome Brandon and the battery team in the Assisti trip while we accelerate our growth and our impact on the market.”

Market Snapshot

In 2023, Assistiq CAD of $ 2.5 million ($ 1.81 million) in an early stage financing.

The Assistiq platform is integrated in Epic in the Owensboro Health Regional Hospital in Kentucky, and the company says that it has planned even more epic integrations in the coming months.

Northwell Health of New York State, who is also the design partner of the company, also uses the Technology of Assistiq.

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