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UnityAI Secures $4 Million in Seed Funding to Revolutionize Hospital Flow

UnityAI Secures $4 Million in Seed Funding to Revolutionize Hospital Flow

February 20, 2024 Craig Etkin

February 20, 2024 09:00 AM Eastern Standard Time

NASHVILLE, Tenn.–(BUSINESS WIRE)–UnityAI, a healthcare technology startup founded by three seasoned engineers and data scientists with backgrounds at HCA Healthcare, a leading hospital and healthcare company in the United States, announced the successful closure of its seed funding round, securing $4 million in total capital to date.

“We are thrilled to have the support of our investors as we embark on this mission to revolutionize hospital flow”

The founders, Dr. Edmund Jackson, CEO, Cody Hall, and Dr. Jason Parker, bring a wealth of expertise in the health care sector, where they identified a critical need for innovation in hospital operations. Using their collective experience and insights, they established UnityAI with a mission to transform how hospitals optimize patient flow.

A guiding principle for UnityAI is to simultaneously improve quality and efficiency by improving operational smoothness. Its technology will introduce AI-optimized operations to hospitals, helping them efficiently and carefully move patients through their facilities.

Dr. Jackson believes that “outcomes such as quality, experience, efficiency and satisfaction cannot be constructed directly. Instead, they grow out of a smooth, disciplined environment and our mission is to use AI to help create those environments.” UnityAI employs state-of-the-art reinforcement learning AI, as well as classical optimization to create timely, valuable content, and then employs LLMs to communicate that content ergonomically into hospital workflow.

The round is being led by Max Ventures, located in New York City. The pre-seed investor, Whistler Capital Partners, is co-investing and remains the largest investor. Additional investors are Nashville Capital Network and Company Ventures, as well as a small number of Nashville-based healthcare angels. This deal will represent Company Venture’s first healthcare investment out of its new Nashville office.

“We are thrilled to have the support of our investors as we embark on this mission to revolutionize hospital flow,” said Dr. Jackson, CEO of UnityAI. “We believe that high-quality care and highly efficient care are actually the same thing. Our unique approach will empower hospitals to dissolve complexity to operate more smoothly, efficiently, and ultimately provide better care to patients. This funding will accelerate our efforts to make a significant impact on the healthcare system.”

“UnityAI has the right approach to solving a critical challenge in healthcare. The combination of the founders’ deep industry knowledge and the thoughtfulness of how they are applying new technology to the problem has the potential to transform how hospitals handle bed control,” said Ryan Darnell of Max Ventures.

“We’re deeply impressed with what the UnityAI team has already accomplished and can’t wait to see what their team does with this next round of capital; Nashville is a hugely strategic market for Whistler Capital Partners, and we’re excited that our investment is so closely aligned with the economy and healthcare community here,” said Geoff Clark, managing partner at Whistler Capital.

UnityAI has already achieved significant milestones with its initial funding and is poised to disrupt the traditional hospital bed management paradigm. The company is actively engaging with healthcare providers to implement its solution and looks forward to making a positive impact on patient care across the industry.

About UnityAI:

UnityAI is a healthcare technology startup founded by three data scientists with backgrounds at HCA, the leading hospital administration company in Nashville. The company deploys advanced AI technologies to revolutionize hospital bed management, optimizing resource allocation and improving patient care. For more information, visit https://www.unityai.co/

About Max Ventures:

Max Ventures is a pre-seed investment firm based in NYC. The firm has invested in over 80 early-stage companies and also co-founded 8 companies internally across 3 outside funds.

About Whistler Capital

Whistler Capital Partners is a Nashville-based private equity firm focused on growth equity and growth buyouts in the healthcare industry and related tech-enabled services verticals. With over $1 billion in assets under management, the firm partners with world class leadership teams, supporting them with strategic resources and capital, with a particular focus on deploying or expanding investments in technology-enabled and data-driven opportunities. To learn more, visit Whistler Capital online at whistlercapital.com.

Contacts

Treble
Will Kruisbrink
UnityAI@treblepr.com

(c)2024 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, Nashville, Tennessee, UnityAI, Venture Capital

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Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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