Investing
It is now looking to expand into other regions such as the Middle East.
The company says its LLM has passed over 100 healthcare certifications and surpassed GPT-4 and other commercial models’ performance.
The California-based company will use the investment to scale product innovation and advance integrations with enterprise partners.
The company saw its stock price drop upon release of its first-quarter earnings.
![[Left-Right] Logos of Ubie and Google's Health Connect (Beta)](/sites/mhn/files/styles/230x130/public/2025-06/image_5027668_30153812.jpeg?itok=DkJonWmY)
Also, Indian healthcare SaaS platform THB has snapped up $20 million funding.
The company also released its Q1 2023 earnings, showing increased revenue of $311.1 million with a net loss of $63.2 million.
The startup plans to use AI-backed retinal imaging to find early signs of disease based on tech from Australian company Eyetelligence.
Diabetes management company Hygieia extended its Series B round, and Autonomize AI, a workflow platform for healthcare and life sciences, also announced funding.
The company also laid off workers in the U.K. and Israel as it shifts focus to the U.S. market.
The Boston-based company will use the investment to accelerate growth and expand its platform.