Nabla – a leading ambient AI assistant for practitioners – recently announced the initial close of a $24 million Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures. This close brings Nabla’s total funding to over $43 million. The investment enables Nabla to boost expansion across U.S. healthcare systems and continue transforming how providers deliver care with its ambient AI assistant.
Clinicians consider managing the electronic health record (EHR) the biggest stressor in patient care. And clinical documentation is a time-intensive task that adds six hours per week of EHR work for practitioners outside of the standard time spent with patients. Through its AI-powered note-generation capabilities, medical coding recognition, and smooth EHR integrations, Nabla Copilot is saving clinicians valuable time so they can focus on caring for their patients. Providers claim the notes are remarkable for their precision, with only 5% requiring adjustments.
Along with nationwide expansion, the Series B funding will enable the company to fuel its ambition to build the most intuitive and reliable ambient AI that can support clinicians across the clinical spectrum up until medical decision support. The investment will also contribute to Nabla’s commitment to improving health equity with the launch of additional language options for Nabla Copilot.
Less than ten months since officially launching, Nabla reports three million consultations are conducted through Nabla Copilot annually, and more than 20,000 providers have adopted the ambient AI assistant, providing enthusiastic reviews that reflect its impact.
Nabla also prides itself on being scalable, having the capacity to cater to the unique needs of small practices and large health systems with 10,000+ clinicians. And to deliver its solution to a broader user base, Nabla has partnered with EHR platforms that are increasingly looking to embed AI solutions like Nabla Copilot – which provide smooth integrations and streamline workflows while prioritizing privacy, accuracy, and speed.
Launched in 2018, Nabla has proprietary Large Language Models (LLM) and Speech-to-Text (STT) technologies built by former Facebook AI Research engineers. Nabla’s advisors include AI and medical experts, including the godfather of AI, Yann LeCun; Dr. Megan Mahoney, Professor and Chair at UCSF Department of Family and Community Medicine; Dr. Haipeng (Mark) Zhang, Associate Program Director of the Clinical Informatics and Innovation Fellowship at Brigham and Women’s Hospital; and Dr. Andrew Lundquist, Chief Medical Officer of the Mankato Clinic.
KEY QUOTES:
“This fundraise allows us to continue delivering on our vision to build the premier ambient AI assistant that will allow clinicians to experience the joy of practicing again. Clinical documentation is only the beginning for Nabla. Health systems are looking to leverage the AI opportunity to support their healthcare teams in many different aspects; we are getting ready to be there every step of the way.”
- Alex Lebrun, co-founder and CEO, Nabla
“Nabla’s exceptional team understands clinicians’ pain points and has the deep, technical expertise needed to bring cutting-edge AI and LLM technologies to the healthcare industry and best support practitioners shifting back to a patient-centric approach. The company has demonstrated impressive early traction in both Europe and the US, and we look forward to putting our global network and resources to work to help Nabla expand further and solidify their position at the heart of new AI medical applications.”
- Jacky Abitbol, Managing Partner, Cathay Innovation
“Prior to using Nabla, It was harder to complete the office notes same because of the time constraint. Since, I started using Nabla, I am able to complete my notes the same day as the office visit and many times I am able complete the notes after seeing every patient. This is a stress reliever for me. Now, it is harder to imagine life without Nabla.”
“With Nabla, I am finally getting my weekends back. What took 8-10 hours now takes maybe 3-4 hours. Better yet, because I no longer need to be a scribe, I get to actually be a psychologist and focus on my patient! After only a couple of months, I can’t imagine my practice without Nabla.”
– M. Tursich, PhD, Psychologist
