Singapore and Tokyo, August 22, 2022 — In its first round of Series C fundraising, Ubie, Inc., a healthcare AI firm with the goal of “Developing a Healthcare Guide for Everyone, raised USD 26.2 million.

The Dai-ichi Life Insurance Company, Limited, Egg FORWARD, Inc., Norinchukin Capital Co., Ltd., and Venture Capital Limited, wholly owned subsidiaries of NEC Capital Solutions Limited, are among the new investors in the round. SUZUKEN CO., LTD. is one of the round’s existing participants. Ubie has raised USD 59.8 million to date.

By establishing connections between patients, medical facilities, and pharmaceutical firms through the medical data platform it is developing, Ubie hopes to address the following medical issues:

 – ensuring that patients visit the appropriate facility at the appropriate time

 – ensuring that physicians have access to pertinent, up-to-date knowledge from the vast amount of the latest information on illnesses and rare diseases that are not commonly known.

Yoshinori Abe, MD, the co-founder, and CEO of Ubie, said:

 “The fragmentation of information held by patients, healthcare organizations, and pharmaceutical corporations is harming the present healthcare system in Japan and other nations. With Ubie’s data platform, this fundraising initiative intends to quicken collaboration with pharmaceutical firms and develop an unprecedented patient-centered medical experience. Ubie already conducts business with more than 20 significant pharmaceutical companies in Japan and other nations, advancing its goal of Developing a Healthcare Guide for Everyone” in Japan and the United States.”

More about the company:

One of the rare firms with a medical data platform that interacts directly with both patients and healthcare organizations is Ubie. Utilizing AI as its primary technology, Ubie provides two services emphasizing the “medical questionnaire” as a gateway to healthcare.

Patients are given access to an AI-powered symptom checker that asks roughly 20 questions about their symptoms to identify associated disorders and deliver more thorough helpful health information. It has gained the trust of 5 million users each month since its introduction, including those in Japan and the US.

A physician and an engineer created the Japanese health-tech business Ubie in 2017. The business makes and offers an AI-powered patient questionnaire that directs patients from symptoms to the best medical care and boosts operational effectiveness in the medical industry. Ubie advocates for the development of a society where everyone has access to the healthcare that best meets their needs.

To create a medical data platform that links patients, healthcare organizations, and pharmaceutical companies, Series C money will be used to support business expansion in both Japan and the United States.

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Kshitij does business research and content writing for VCBay. Pursuing BBA from Symbiosis Center Of Management Studies (SCMS) Pune, he is skilled in Financial Modeling, Stock valuation and Microsoft Excel. He is passionate about Entrepreneurship and Finance.

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