Kontakt.io Secures $47.5M Funding from Goldman Sachs
April 18, 2024, 3:34 pm
Location: United States, California, San Francisco
Employees: 51-200
Founded date: 2013
Total raised: $54.5M
Kontakt.io, a leader in Inpatient Journey Analytics, has raised a whopping $47.5 million in funding from Growth Equity at Goldman Sachs Asset Management. This investment will drive global growth and propel the advancement of its AI-driven IoT platform to optimize hospital operations beyond the clinical realm.
Kontakt.io's innovative platform enables health systems to enhance patient, staff, and resource flows, ultimately improving safety, coordination, and service delivery. By harnessing the power of AI, IoT, and cloud technology, the company provides real-time location data to streamline staff, equipment, and clinical spaces around a patient's care journey. This seamless integration of technologies is revolutionizing operational excellence in clinical care delivery.
Major healthcare institutions such as HCA, the VA, Mercy Health, North East Georgia Health System, Trinity Health, and the NHS have already experienced significant improvements in patient and employee experiences, along with rapid ROI from operational efficiency through Kontakt.io's platform.
With the rising complexity, costs, and employee turnover rates in hospitals, achieving operational excellence has become a critical priority. Failures in hospital care delivery have led to approximately $300 billion in annual waste in the US alone, highlighting the urgent need for solutions like Kontakt.io.
Goldman Sachs' Growth Equity division is known for investing in high-growth businesses with strong market positioning and sustainable business models. Christian Resch, a partner at Goldman Sachs, will be joining Kontakt.io's Board of Directors to provide strategic guidance for the company's next phase of growth.
Kontakt.io's CEO, Philipp von Gilsa, emphasized the importance of freeing up clinical staff to focus on providing quality patient care. The partnership with Goldman Sachs will enable Kontakt.io to further expand its AI capabilities, optimizing care delivery resources and processes to prioritize the well-being of both staff and patients.
This funding round marks a significant milestone for Kontakt.io as it continues to lead the way in Indoor Journey Analytics, empowering health systems to uncover waste, streamline capacity, improve workflows, and ensure that patients and staff feel valued and supported. With a track record of serving demanding customers and a commitment to excellence, Kontakt.io is poised for even greater success in the healthcare industry.
Kontakt.io's innovative platform enables health systems to enhance patient, staff, and resource flows, ultimately improving safety, coordination, and service delivery. By harnessing the power of AI, IoT, and cloud technology, the company provides real-time location data to streamline staff, equipment, and clinical spaces around a patient's care journey. This seamless integration of technologies is revolutionizing operational excellence in clinical care delivery.
Major healthcare institutions such as HCA, the VA, Mercy Health, North East Georgia Health System, Trinity Health, and the NHS have already experienced significant improvements in patient and employee experiences, along with rapid ROI from operational efficiency through Kontakt.io's platform.
With the rising complexity, costs, and employee turnover rates in hospitals, achieving operational excellence has become a critical priority. Failures in hospital care delivery have led to approximately $300 billion in annual waste in the US alone, highlighting the urgent need for solutions like Kontakt.io.
Goldman Sachs' Growth Equity division is known for investing in high-growth businesses with strong market positioning and sustainable business models. Christian Resch, a partner at Goldman Sachs, will be joining Kontakt.io's Board of Directors to provide strategic guidance for the company's next phase of growth.
Kontakt.io's CEO, Philipp von Gilsa, emphasized the importance of freeing up clinical staff to focus on providing quality patient care. The partnership with Goldman Sachs will enable Kontakt.io to further expand its AI capabilities, optimizing care delivery resources and processes to prioritize the well-being of both staff and patients.
This funding round marks a significant milestone for Kontakt.io as it continues to lead the way in Indoor Journey Analytics, empowering health systems to uncover waste, streamline capacity, improve workflows, and ensure that patients and staff feel valued and supported. With a track record of serving demanding customers and a commitment to excellence, Kontakt.io is poised for even greater success in the healthcare industry.