Our Investment in HealthTensor
By Chad Byers, Co-founder & General Partner at Susa Ventures
Susa Ventures is excited to announce our investment in HealthTensor, a Los Angeles-based AI startup that is creating software to help augment medical decision making.
Today, HealthTensor is announcing their $5M seed round, with participation from Susa Ventures, Calibrate Ventures and TenOneTen. We’re thrilled to welcome Eli, Nate, Thomas and the rest of the HealthTensor team to the Susa Family.
Susa Ventures has been investing at the intersection of artificial intelligence and healthcare since our inception. As a firm, we deeply believe in the power of technology to help deliver better care, improve patient outcomes and reduce healthcare costs.
About five years ago, we invested in a company called Viz.ai. Viz set off to build computer vision tools for medical imagery. Today, their beachhead product Ischemic Stroke, an AI-powered synchronized stroke care platform, is improving patient outcomes and literally savings lives.
Through that experience, we learned how powerful artificial intelligence can be when applied in partnership with great doctors and medical care.
Three years later, Eli, Nate and Thomas pitched us a vision of building AI tools to help emergency room doctors make better, faster, decisions. We at Susa Ventures were hooked. There is no better team in the world to do this.
HealthTensor’s software acts as a layer of intelligence between physicians and the troves of raw medical data from any given patient, which is often more than any individual doctor can handle. HealthTensor uses advanced algorithms to do AI-enabled diagnosis, ensuring no medical condition is overlooked. It was designed from the ground up with the physician workflow in mind, enabling frictionless adoption of the product by users.
Early feedback from our first hospital partners is promising.
“HealthTensor makes me a better doctor because it allows me to spend less time in front of the computer and more time in front of the patient,” said Dr. Tasneem Bholat, an early user of HealthTensor’s software. “HealthTensor synthesizes all the data from the patient’s chart, saving me from doing chart biopsy and surfacing diagnoses I might have otherwise missed.”
Eli, HealthTensor’s CEO, described it as “an AI-powered medical resident that is focused specifically on the tedious, data-driven aspects of medicine, which is what computers do best. Many doctors are forced to spend a majority of their day focused on data aggregation from medical records, which leads to missed diagnoses, patient dissatisfaction, and physician burnout. HealthTensor frees up the physician to focus on the conceptual and emotional aspects of medicine, which is what humans do best.”
We look forward to a world where HealthTensor is helping every physician focus more of their time where it matters: the patient.
