Notable 100m series iconiq growth8/14/2023 ![]() Pranay Kapadia, the CEO, and Co-Founder of Notable states that if we see the reality, then there are many health care sectors that are still using repetitive, manual workforces to continue their day-to-day operations. Notably, it also decreases the workload by creating clinical documents and preparing billing codes. Notable help them in automating their processes such as scheduling patients, check-in to post, visit follow-up, and many more. Many care sites, such as Intermountain Healthcare and CommonSpirit Health, are already in partnership with Notable. The investment raised is basically focused on using AI efficiently and effectively in the healthcare sector to improve patient care and streamline processes. The main motive behind this is to improve the health care sector and yield a higher return on investment at the same time. ![]() Furthermore, the company is also looking forward to expanding the health care facilities and raising its quality standards along with quantity. The company states that the funding was raised for the purpose of introducing AI in the health sector so that the sector can blossom in the upcoming future. There were several investors also who took active participation in the funding round namely Greylock, Oak HC/FT, and F-Prime. The investment round was led by one of the great investors, ICONIQ Growth, one of the leading wealth management and investment companies. It does not store any personal data.Notable, one of the recognized intelligent automation companies which always aims at improving health care, announced that it received an amount of $100 million in its series B funding round, and due to this now Notable’s valuation is above $600 million. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is used to store the user consent for the cookies in the category "Other. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. ![]() Iconiq Growth’s portfolio includes AirBnB, Alibaba, BambooHR, Braze, Chime, Docusign, Red Ventures, Relativity, Uber and Zoom, among others. Iconiq Growth is a venture capital firm that focuses on investing in the technology sector. Building a team of 70 full-time employees plans to triple in size in the next yearĪdherence to compliance frameworks, such as SOC 2 and ISO 27001, has increasingly become necessary to do business but can be resource-intensive to achieve, and companies use Drata to streamline compliance with embedded personnel onboarding, policy templates, vendor management, risk assessment and over 50 third-party application integrations.ĭrata is a security and compliance automation platform that helps companies streamline SOC 2, ISO 27001 and HIPAA compliance through continuous, automated control monitoring and evidence collection.Expanding revenue 69 percent month-over-month since January.Securing its first 100 customers in 45 days on track to reach thousands in 2022.Since its public launch in January 2021, Drata has expanded rapidly, reaching several notable milestones just this year: ![]()
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