Pharos, a recent Y Combinator graduate, just raised $5 million in seed funding. Their AI platform aims to simplify and automate the often-overlooked, time-consuming process of quality reporting in hospitals, allowing staff to focus more on patient care and less on administrative paperwork.
- Funding Details: Pharos secured $5 million in a seed round led by Felicis, with additional backing from General Catalyst, Moxxie, and Y Combinator. This funding supports Pharos’ mission to reduce hospital paperwork through advanced AI solutions.
- AI-Powered Quality Reporting: By using AI, Pharos automates data extraction from electronic medical records (EMRs) for accurate and efficient reporting.
- Pharos’ Unique Team and Expertise: Pharos was founded by Felix Brann and Matthew Jones, who have healthcare experience from their work at Vital, and later joined by Dr. Alex Clarke, a medical doctor and AI PhD.
- Benefits for Hospitals: Pharos can significantly reduce costs and save nurses’ time, enabling staff to prioritize patient care.
Pharos is reshaping hospital administrative tasks, letting healthcare professionals focus on what they do best: patient care.
