Smarter Health a Singaporean-based startup raises $5.15 million SGD in a series A round led by East ventures. This money will be used for product development and expansion across Southeast Asia. The total amount raised so far with the inclusion of the new round is $8 million SGD.
One of the main selling propositions for Smarter Health is that it helps to assist in the exchange of data across different supply chains in the healthcare system.
It automates a lot of the processes using artificial intelligence. This will help with improving patient care and reduce certain administrative costs. Additionally, they can easily work with traditional platforms on the market to help bolster up their service.
Instead of competing with them directly. The company currently operates in three countries: Singapore, Malaysia, and Indonesia.
Covid-19 has helped to push the need for new products across most industries. Healthcare is no different and health startups have been popping up within the startup ecosystem more than ever before.
Smarter Heath is just one of many companies that are currently capitalizing on that trend. Technological progress is also another factor that is leading to the rapid change.
New tools being introduced to analyze, interpret and manipulate data is being introduced that have given us new ways on how to view the world. It’s clear that Smarter health has been taking advantage of the tools available.
