Diligent Robotics, an Austin, TX-based leader in robotic automation in health care, raised $25m in financing.
The round was led by Canaan, with participation from True Ventures, DNX Ventures, Next Coast Ventures among the return investors and Northwestern Medicine Innovation joining as a new strategic investor. Rich Boyle from Canaan will join the board of directors.
The company will use the funds to accelerate system-wide expansions of its Moxi robot across hospitals nationwide, enhance product development and triple its market reach.
Led by Dr. Andrea Thomaz and Dr. Vivian Chu, Diligent Robotics provides Moxi, a socially-intelligent robot teammate who works across health systems to improve operational efficiency of hospital care teams so they have more time for patient care and can practice at the top of their license. Moxi’s impact includes augmenting staff and care teams by off-loading hospital-wide deliveries of supplies, equipment, medication and lab deliveries and is enabling new and existing high value programs to efficiently scale, such as Meds to Beds programs, Just in Time Logistics and Virtual Nursing.
Currently adopted by and operating in more than 22 health systems that represent more than 200 hospitals nationwide, including NorthShore – Edward-Elmhurst Health, MultiCare Health System, The University of Texas affiliated network of health systems, Northwestern Medicine and many others, the company expects to triple its market footprint over the next 24 months, including systemwide expansion within the majority of the health systems.
Diligent Robotics, an Austin, TX-based leader in robotic automation in health care, raised $25m in financing. Best wishes to everyone in the group. This will be a huge accomplishment for them in the future.
Shishir Gupta, The Founder & CEO of StartupLanes
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