HiLabs Revolutionizes Healthcare Data Management with $39M Series B Funding

HiLabs, a US-based company using AI to clean dirty healthcare data, secured $39 million in Series B funding led by Eight Roads Ventures and Denali Growth Partners. The funding will be used to enhance technology, hire talent, and expand product teams. Founded in 2014, HiLabs focuses on providing clean data for payers, providers, and patients to drive data-driven decision-making in healthcare. The company's MCheck platform ingests, cleanses, and enriches critical healthcare information, reducing operational costs and improving patient outcomes. With a strong emphasis on innovation and collaboration, HiLabs aims to unlock the hidden potential of dirty data for healthcare transformation. CEO Amit Garg expressed gratitude for the support from healthcare-focused investors and highlighted the company's commitment to empowering healthcare organizations with clean and accessible data for informed decision-making.