AAA K Health diagnoses $25m series B

K Health diagnoses $25m series B

US-based medical diagnostics platform developer K Health has raised $25m in a series B round that included Comcast Ventures, the corporate venturing unit for mass media group Comcast, VentureBeat reported on Monday.

The round was led by 14W and featured fellow venture capital firms Mangrove Capital Partners, Lerer Hippeau, Primary Venture Partners, Max Ventures and Bessemer Venture Partners, as well as investment fund BoxGroup.

Founded in 2016, K Health has developed a mobile app that utilises artificial intelligence to understand a patient’s symptoms and suggest treatment options based on its electronic health records. It also allows patients to book same-day medical appointments.

Allon Bloch, co-founder and CEO of K Health, told VentureBeat: “With K, we use real data from millions of people so you discover and understand the medical outcomes of people like you and have informed conversations with your providers about treatment options.”

K Health will use the series B funds to begin offering in-app virtual physician visits from 2019, and to invest in its self-learning technology.

Shawn Leavitt, the senior vice-president that oversees Comcast’s Total Rewards benefits tool, has joined K Health’s board of directors in connection with the round, together with 14W managing partner Alex Zubillaga.

Comcast Ventures had previously taken part in a $12.5m series A round for the company in July 2018 that included all the series B investors apart from 14W.

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