London, June 3rd 2024 — Healthily, a pioneering AI health navigation company, is thrilled to announce that it has secured $5 million in new funding from existing and new investors. This funding will accelerate the growth of our unique cost-saving solutions for health insurers.
The confidence of our investors comes on the back of recent achievements including signed pilots with two leading UK health insurers, a major Eastern European health insurer and provider, and a strategic partnership with Recordati (Italy), a global pharmaceutical company.
These partnerships aim to provide immediate cost efficiencies with the Healthily DOT™ platform, using AI to optimize member pathways. DOT™ highlights our product market fit by significantly reducing unnecessary and duplicate doctor visits, saving substantial costs for large insurers.
Richard Fearn, Healthily chairman, and Bhulo Kansagra of Solai Holdings, who has joined the Healthily board, led the funding round. Trond Riiber Knudsen, a former senior partner at McKinsey, has become an advisor to the Healthily board, further strengthening our leadership team.
DOT™ Platform Highlights:
AI Pathway Optimization: The platform identifies and recommends the most suitable – and safest – pathway in every medical scenario.
Health Questions and Answers: DOT™ acts as a virtual health assistant, providing comprehensive, medically validated information to user health-related queries.
Fully Referenced Answers: Drawing upon a vast proprietary database of reliable, medically checked health content, DOT™ offers fully referenced information, ensuring accuracy and credibility.
Smart Symptom Checking: Users can assess their symptoms using intelligent algorithms that provide accurate and reliable information for informed decision-making. This technology is registered as a Medical Device Class I in the UK and is currently undergoing the Class II certification process in the EU.
Health Red Flag Awareness: The system intelligently identifies potential red flag symptoms, from indicators of cancer to suicidal thoughts.
Matteo Berlucchi, CEO and co-founder of Healthily, said: "We are thrilled with the support of our investors and the success of our DOT™ platform. This solution redefines the way insurance members are allocated optimal pathways and this drives significant savings for insurers.
DOT™ is set to make waves in the health insurance industry, offering unparalleled benefits to both members and payers.”
Richard Fearn: "This funding round underscores our commitment to revolutionizing health navigation. With our current financial runway we have ample time to fine-tune our commercial efforts and ensure Healthily solutions deliver maximum value to our partners and users.
Bhulo Kansagra: "This innovative approach to reducing healthcare costs while improving patient outcomes is truly transformative. I am excited to join the Healthily board and contribute to the company’s continued success.”
Healthily is committed to providing safe and actionable health information and next steps, aligning with the United Nations Sustainable Development Goal 3 (good health and well-being). To support this mission, the website www.livehealthily.com will always be available to all internet users,free of charge, with no advertising and no registration required.
For more information about Healthily and its innovative AI solutions, contact Emma Dalzell at emma.dalzell@healthily.ai. To find out more about the DOT™ platform, visit www.healthily.ai
About Healthily: Healthily is a leading AI health information company dedicated to providing accurate, reliable, and personalized health information to empower individuals to make informed decisions. With cutting-edge technology and a user-centric approach, Healthily strives to transform the way people access and engage with health information, promoting better health outcomes worldwide.