Orbita Raises $9 Million in Funds to Support Conversational AI
Orbita, a provider of conversational artificial intelligence-powered voice and chatbot solutions for healthcare, has secured $9 million in a Series A financing round, with input from Philips Health Technology Ventures, HealthX Ventures, Cultivation Capital, and Newark Venture Partners.
Orbita's voice and chatbot platform is used by leading healthcare, life sciences, and medical technology companies to improve patient care and clinical efficiency. Its conversational platform supports AI-powered voice and chatbot applications accessible across web, mobile, SMS, smart speakers (Amazon Alexa and Google Assistant devices), and conventional phone.
"Philips views conversational AI through voice and chatbot as an important future enabler to drive patient experience and clinical efficiency, especially in light of the current COVID-19 pandemic," said Rich Wilmot, head of Philips Health Technology Ventures Global, in a statement. "We aim to partner with and invest in promising digital health companies complementary to Philips strategic initiatives and Orbita has established itself as a leading innovator in the industry with products and solutions that are enterprise-ready, pressure tested, and highly relevant to the pressing needs of healthcare providers."
"The Orbita team quickly recognized how to apply their existing technology to deliver highly relevant solutions to the COVID-19 front-line response," said Taha Jangda, a partner at HealthX Ventures, in a statement. "In addition to their rapid turnaround with the COVID chatbot, they have made tremendous strides expanding into the life sciences market, where they are well-positioned to facilitate patient engagement and marketing in a post-COVID world. We are very pleased to continue supporting their progress."
"Our mission has always been to transform lives through the power of voice and conversational AI," said Bill Rogers, CEO of Orbita, in a statement. "Thanks to our customers and partners, we've witnessed how virtual healthcare assistants based on our technology have improved both healthcare efficiency and quality. We've experienced this perhaps most significantly in recent weeks supporting the COVID-19 pandemic response. We're very proud of the work we've done and are equally proud to receive the support of our new investors to expand our reach and impact."
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