July 19, 2018 | Israeli primary care platform K Health, the first app to use AI and health report from patients with similar symptoms and characteristics to diagnose health problems, announced Tuesday the completion of a $12.5 million funding round. Investors that participated in the round include Mangrove Capital Partners, Lerer Hippeau Ventures, Primary Ventures Partners, the Box Group, Max Ventures, Bessemer Ventures, and Comcast Ventures.
The company is also planning to launch its free app in New York. Leading NYC-based primary care providers have already partnered with the app to deliver care and diagnoses on the same day, US tech news site VentureBeat reports.
K Health also provides its care by running its AI-powered tech through a unique database that includes physician notes, lab results, treatments, detailed medical histories, and prescriptions. The anonymous, electronic health records are supplied by Maccabi Healthcare Services, Israel’s second-largest health fund, who also helped develop the app.
The user simply needs to download the app on his smartphone, answer questions about personal characteristics, health history, and symptoms, and the app uses its machine learning capabilities to create a profile, with medical insights. It can also appointments bookings and remote consultations, as it will with the NY app.
“We all know the feeling of waking up at 2:00 a.m. and researching our symptoms online even though we know it’ll only make our anxiety skyrocket, ultimately making things worse. Today, if you go online and search for something as simple as a cough, you’ll see millions of results ranging from the common cold to cancer,” said Allon Bloch, CEO and co-founder of K Health. “With K, we use real data from millions of people so you discover and understand the medical outcomes of people like you and have informed conversations with your providers about treatment options. It’s about time people had unfettered access to trustworthy health information backed by real doctors as opposed to the generic and confusing information found online.”