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.
Company: Cornerstone AI
Raised: $5.0 M
Round: Seed Funding
Funding Month: July 2022
Lead Investors: Healthy Ventures
Additional Investors: Anya Schiess, Rowan Chapman, and Lana Dimkova
Company Website: https://cornerstoneai.com/
Software Category: AI-based healthcare Software Platform
About the Company: 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.