AvoMD Raises $5M to Combat Clinician Burnout With No-Code Clinical App Building Platform
NEW YORK, June 23, 2023 /PRNewswire/ -- AvoMD, a no-code platform enabling clinicians and hospitals to easily make their own apps for use at the point-of-care, announced it has closed $5 million in seed funding led by early-stage venture fund AlleyCorp. AlleyCorp is joined by Las Olas, Epsilon Health, MedMountain Ventures, notable physician angel investors such as Dr. Kavita Patel, Venture Partner at New Enterprise Associates and Senior Policy Advisor at Stanford University, and existing investors Mirae and Dunamu. Other investors in the company include Columbia University, Mount Sinai Innovation Partners, StartUp Health, and 500 Startups.
- AvoMD also supports AI model integration, which enables doctors to incorporate clinical predictions based on AI at the point of care.
- Founded by a team of physicians based in New York City, AvoMD was born in response to first-hand experience of clinical burnout and the difficulty in getting innovative clinical applications developed and deployed.
- AvoMD revolutionizes how clinical technology is created and used, saving clinicians over 50 percent of their time in decision-making and improving patient outcomes.
- "For too long, clinical technology has mostly overwhelmed us or not fit in our workflow, exacerbating burnout.