Industry Bulletins | November 25, 2020
Buoy Health, AI-Health Care Navigation Platform, Gains $38 Million Investment From Insurers
Buoy Health, which provides an artificial intelligence (AI)-based health care navigation platform gained investments totaling $37.5 million in Series C financing from insurers Cigna Ventures, Humana, and Optum Ventures. Other participants were WR Hambrecht + Co, and Trustbridge Partners. Buoy Health intends to use the new funding to bolster its AI and other technologies to advance its clinical and insurance-based navigation capabilities.
Buoy was founded in 2014. It provides a free digital health online tool that helps people determine a real-time, accurate diagnosis of their symptoms. Powered by advanced machine learning and proprietary granular data, the AI . . .