Headquartered in San Francisco Plenful, a workflow automation platform for pharmacy and healthcare operations, introduced a $17 million Sequence A funding lower than a yr after launching with $9 million in funding.
TQ Ventures led the spherical, with participation from Mitchell Rales (co-founder and chairman of Danaher), Susa Ventures and present buyers.
what it may well do
Plenful offers pharmacy technicians with a code-free, AI-enabled automation software for handbook and administrative workflows, together with doc information entry, referral orders, auditing, and financial savings identification to assist with the pharmacy income cycle.
The corporate will use the funds to develop advertising and marketing, gross sales and product improvement.
Pleasure Liu, founder and CEO of Plenful, mentioned: “We’re dedicated to fixing the bodily and administrative duties that burden the system by way of modern synthetic intelligence automation options, and reworking pharmacies and pharmacies by way of modern synthetic intelligence automation options. Healthcare operations, a burden exacerbated by a major decline in contemporary graduate pharmacists. cellular well being information in an electronic mail.
“By streamlining operations and assuaging workforce shortages, we empower healthcare groups to prioritize affected person care. Plenful is dedicated to enhancing pharmacy care supply and shaping a extra environment friendly way forward for healthcare.”
market Overview
One other firm that obtained funding this week for its workflow automation platform is SamaCare.
The corporate helps suppliers get hold of prior authorization for specialty medicine, test enrollment and confirm advantages. It additionally makes use of information analytics to offer pharmaceutical corporations with info on bettering entry to remedies.
SamaCare can also be coated Funding is US$17 million.