USA – Cornerstone AI, a San Francisco, CA-based company solving healthcare’s data challenges to improve research and care, raised $5 million in seed funding.
The round was led by Healthy Ventures with participation from Initiate Ventures. In conjunction with the funding, Healthy Ventures General Partner Anya Schiess and Initiate’s Rowan Chapman and lana Dimkova have joined Cornerstone’s board of directors. Funds will be used to further product development and scale the business to meet demand.Led by CEO Michael Elashoff, Cornerstone is developing automated software to clean and prepare data to accelerate data analysis and healthcare research. It automatically structures and corrects data, allowing teams to use more patients, more data points and arrive at more precise analyses. The novel self-learning AI methods are backed by a regulatory grade audit trail.Cornerstone is already working with companies across multiple medical areas, data sources and volumes. According to feedback, customers have achieved outstanding results. 19/07/2022
