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Scribenote pioneers AI scribe to combat burnout among veterinarians, as it secures $8.2M seed round led by a16z.

Scribenote pioneers AI scribe to combat burnout among veterinarians, as it secures $8.2M seed round led by a16z.

September 24, 2024 Craig Etkin

AI startup frees veterinarians from hours of post-appointment paperwork, addressing the industry’s pressing burnout rates and improving patient care.

KITCHENER-WATERLOO, ON – September 23, 2024: The veterinary profession is facing a crisis of burnout, with 86% of veterinarians reporting severe stress levels. One of the compounding issues includes a frequently overlooked culprit: spending hours writing medical records. Scribenote, an AI-powered medical scribe for veterinarians, has raised $8.2M in seed funding to tackle this problem head-on. The company’s funding was led by Andreessen Horowitz (a16z), with additional participation from Inovia Capital, the Velocity Fund, and a line-up of angel investors.

Veterinarians have a legal responsibility to document every aspect of their interactions with clients, necessitating accurate and complete medical records. Unfortunately, with various types of appointments every 20 to 30 minutes of the day, documentation can be challenging and pile up quickly. Some veterinarians may see up to 30 patients in one day and there is rarely time to document between visits. This results in veterinarians working overtime during lunch and at the end of the day to type records. 

Scribenote was started in December 2019 when CEO Ryan Gallagher noticed his sister Katie, a small animal veterinarian, consistently working late to catch up on medical records. After shadowing her at the clinic, he realized that detailed discussions that occurred during veterinary appointments could potentially be captured in real time to eliminate additional workload. When he noticed other veterinarians at the clinic shared the same problem, Gallagher, a University of Waterloo engineering student at the time, saw an opportunity for automation and promised his sister he would build a solution that would allow her to get home from the clinic on time. 

Three years later, Ryan’s promise came true. Co-founded by Dr. Katie Gallagher, Alina Pavel, and Emily Merry, Scribenote records conversations between veterinarians and clients, and uses AI to automatically generate accurate medical records in just minutes. In addition to medical records and dental charts, various forms of client communication are also automated, allowing veterinary professionals to fully focus on patient care and building relationships with clients. By providing complete and detailed records of what was discussed, documentation struggles are reduced for an already overburdened Profession. 

“Scribenote is not just about saving time; it’s about improving the quality of veterinary care and the lives of those who provide it,” says Ryan Gallagher, Co-founder and CEO of Scribenote. “By automating the documentation process, we’re enabling veterinarians to focus more on their patients and less on paperwork.

The platform’s user-friendly design allows veterinarians to start a note on their phone and add to it later from any device logged into their account. Even with poor internet connectivity, users can create offline recordings and sync them later. Scribenote runs in the background to capture audio while veterinarians focus on their patients. At the end of the day, Scribenote’s desktop widget, playfully dubbed “Draggy-Droppy,” allows users to copy their completed Scribenote records into any Practice Information Management System (PIMS) in just seconds.

Scribenote is serving hundreds of clinics – both independently owned and through enterprise wide deals – across North America. In less than a year, its AI Scribe product has already automated over 1.5 million medical records, saving veterinarians up to two hours per day. This has been achieved with just $250K pre-seed funding. The company’s AI scribe is designed for general practitioners and specialist veterinarians alike, with users ranging from recent graduates to those with 35 years of experience in the field. The impact on veterinarians’ lives has been significant. Customers report finally being able to take lunch breaks, spending more time with family, and focusing more on their patients. Some users have even shared that Scribenote has been invaluable when they were injured or losing mobility in their hands, allowing them to continue their work without physically writing notes.

The veterinary industry has seen significant changes in recent years, driven by an influx of private equity capital and the effects of the pandemic. These shifts have intensified pressure on veterinary professionals to see more patients and generate more revenue. 

“As the market-leading AI scribe for veterinarians, Scribenote automates burdensome documentation requirements, so vets can focus on the parts of the job they love,” said Olivia Moore, partner at Andreessen Horowitz. “The Scribenote team has deep empathy for the daily challenges veterinarians face and a hands-on understanding of their workflow.”

With this new funding, Scribenote plans to further develop its AI technology and expand its platform. The company aims to create personalized AI scribes for each veterinarian and build an efficient, intelligent platform for editing and finalizing records. Long-term, all four co-founders and their growing team of Scribenauts envision using AI scribing as a foundation to eliminate every unnecessary click and keystroke from a veterinarian’s day.

“We see a world where pet care is so affordable and accessible that anyone can experience the precious bond between animals and humans, and we want to build technology that increasingly enables that world,” adds Ryan Gallagher.

As Scribenote continues to grow, Gallagher frequently reflects on his last few months caring for his childhood Golden Retriever, Cali, who lived to the ripe old age of 16. She received the best possible care from Katie who was there for her every time she accidentally swallowed a sock or needed a nail trim. Scribenote wants to help a million other pets like Cali get the care they deserve, and give thousands of veterinarians like Katie the ability to deliver that care more efficiently.

About Scribenote

Scribenote is an AI-powered medical scribe designed to help veterinarians streamline their documentation process, reducing stress and improving work-life balance. Scribenote was founded in 2019 after Ryan Gallagher noticed his sister Katie, a veterinarian, regularly working long overtime hours to keep up with medical documentation. Scribenote – used by thousands of veterinary professionals – automatically generates accurate records by capturing conversations during appointments and other key workflows. For more information please visit: https://www.scribenote.com/

About a16z

Andreessen Horowitz (aka a16z) is a venture capital firm that backs bold entrepreneurs building the future through technology. We are stage agnostic. We invest in seed to venture to growth-stage technology companies, across AI, bio + healthcare, consumer, crypto, enterprise, fintech, games, and companies building toward American dynamism. a16z has $35B in assets under management across multiple funds.

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


Venture Capital
Canada, KITCHENER-WATERLOO, Ontario, Scribenote, 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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