Ferrum Health Secures $31M to Expand AI Adoption in Healthcare

Ferrum Health Secures $31M to Expand AI Adoption in Healthcare

Health systems AI deployment company Ferrum Health has secured $16 million in Series A Funding round to expand AI adoption in healthcare. The Series A round was spearheaded by a venture capital firm Foundry, with contributions from Headwaters Ventures, UnitedHealthcare Accelerator, and Catalyst by Wellstar. Existing investors Blumberg Capital, GSR, Urban Innovation Fund, Cercano, and Singtel Innov8 also joined the round, boosting the total funds raised in the latest round to $31 million.

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