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Suki Announces Investment from Zoom Ventures Following Platform Partnership for Healthcare Business

Suki Announces Investment from Zoom Ventures Following Platform Partnership for Healthcare Business

February 4, 2025 Craig Etkin

This Investment will Accelerate Suki and Zoom’s Partnership to Integrate AI into Zoom’s Clinical Workflow Solution

January 30, 2025 09:00 AM Eastern Standard Time

REDWOOD CITY, Calif.–(BUSINESS WIRE)–Suki, the leader in artificial intelligence (AI) technology for healthcare, today announced an investment from Zoom Ventures, the investment arm of the AI-first work platform and leading healthcare collaboration platform, Zoom Communications, Inc. Suki will join Zoom Ventures’ portfolio of AI investments, which includes Anthropic and CoreWeave. Building upon Suki’s $70 million Series D raise announced in October, the company has now raised $168 million to date. Today’s announcement follows Suki’s Platform partnership with Zoom to integrate AI-driven clinical notes into Zoom’s Workplace for Clinicians solution, designed to improve user experience and patient care.

“In 2024, Suki experienced remarkable growth, expanding 4x in only 12 months. This next phase is driven by our latest investments and the expanding opportunities within our addressable market, with technology leaders like Zoom seeking new ways of collaborating with us. Our shared values and goals have enabled us to revolutionize the healthcare experience for clinicians and patients nationwide with AI,” said Punit Soni, CEO and Founder of Suki. “This new capital allows us to scale our technology, offering new capabilities to our customers, and we’re grateful for the opportunity to expand the strong team we’ve built over the last seven years. It’s truly a testament to the impact Suki Assistant and Suki Platform have on the health systems and technology companies we partner with.”

“We are excited to deepen our partnership with Suki with this investment. Suki’s turnkey solutions enable health systems to seamlessly adopt AI-powered tools to improve productivity and healthcare outcomes. This technology helps power Zoom’s healthcare offerings and aligns with our mission of leveraging AI to drive employee productivity and enhance patient experiences. Suki’s exceptional growth and widespread adoption within healthcare systems highlights the tremendous value their solutions bring to the healthcare industry.” said Ricardo Anzaldua, Head of Corporate Development and Zoom Ventures.

This investment also comes on the heels of Suki’s partnership with technology giant Google last month, which solidified Suki’s position as the industry’s first end-to-end clinical AI assistant. By leveraging Google Cloud’s Vertex AI platform, Suki introduced new features like patient summaries and Q&A to expedite the clinical decision-making process and reduce information overload for clinicians.

The company has grown exponentially, accelerated by its Series D raise, which enabled Suki to scale its technology and AI capabilities to better support healthcare collaboration partners like Zoom. As part of this new growth phase, the company adds three new executives to strengthen its leadership team.

Demetra Airaudi, Senior Vice President of Marketing

Suki hires its first SVP of Marketing, Demetra Airaudi. Airaudi joins Suki after two decades of marketing and communications experience with major technology companies, including holding senior positions at Block (formerly Square), Skype, Microsoft, LG Mobile Phones U.S., and most recently at Navan. With a deep understanding and experience in brand and communications, Airaudi will oversee Suki’s marketing organization.

Aden Fine, General Counsel

As policies on AI come to the forefront following the new administration’s inauguration, Fine brings over 25 years of experience navigating regulation and novel policy issues for healthcare and technology companies like Datavant and Edmodo, where he served as General Counsel and Chief Privacy Officer. Fine, who also spent ten years working on technology and privacy issues for the American Civil Liberties Union, will also lead Suki’s People team.

Jonathan Antonio, Vice President of Infrastructure

Jojo Antonio steps into Suki to lead site reliability engineering (SRE/DevOps), security, compliance, and information technology (IT). Having worked at companies including Twitter, Google, YouTube, and PayPal, as VP of Infrastructure, Antonio will maintain Suki’s HIPAA compliance and SOC2 Type 2 certification standards as it expands partnerships with new health systems and leading technology companies. He will also strengthen the company’s infrastructure to support scale in this massive growth phase.

Suki Assistant is used by 350 health systems and clinics across the country. Suki Assistant offers summaries of patient medical records, answers medical reference questions, documentation, coding, retrieval of patient chart data, and dictation. Suki’s breadth of features has contributed to its industry-leading adoption rate across its client base and its Platform partnerships with leading technology companies like Epic, Zoom, athenahealth, MEDITECH, Azalea Health, MEDENT, and more. Suki Platform is the defacto AI engine of healthcare. To learn more about Suki, visit www.suki.ai.

About Suki

Suki is a leading technology company that provides AI voice solutions for healthcare. Its mission is to reimagine the healthcare technology stack, making it invisible and assistive to lift the administrative burden from clinicians. Its flagship product is Suki Assistant, an AI assistant that uses generative AI to automatically create clinical documentation by ambiently listening to patient-clinician conversations. Suki helps clinicians complete notes 72% faster on average, assists with other tasks including coding and answering questions, and generates incremental revenue for organizations, delivering a 9X ROI in year 1. Suki also offers its proprietary AI and speech platform, Suki Platform, to partners who want to create best-in-class ambient and voice experiences for their solutions. Suki is backed by premier investors such as Venrock, First Round, Flare Capital Partners, March Capital, and Breyer Capital. To learn more, visit suki.ai, or follow us on LinkedIn and Twitter.

Contacts

pr@suki.ai

(c)2025 Business Wire, Inc., All rights reserved.


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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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