Investing
Since launching in March, the company has raised $550 million.
Brook.ai secures $28 million, Counsel Health garners $25 million, OutcomesAI gets $10 million and Smartlens closed an oversubscribed $5.2 million bridge round.
The company works with schools to offer virtual mental healthcare for students and enable collaboration among counselors, parents and providers.
The company will use the funds to drive commercial growth, broaden its employer and payer programs, and accelerate AI development.
The company, which changed its name from RIIG to Hootl in May, will use the funds for product development, regulatory preparedness and market growth.
The company's CEO, Tom Hale, told MobiHealthNews Oura will use the funds "for AI-driven innovation to redefine what digital health technology can do."
The company offers a patient recruitment platform for clinical trials.
The funds will be used to expand operations and attract new partners.
The company received an additional equity investment from OrbiMed.
The company offers computer vision technology that enables humanoids and robots to perceive the world in 3D similar to how humans use their eyes and depth perception.