Atalan Tech – a women-led and mission-driven company at the forefront of AI technology for predicting and preventing clinician burnout and turnover in healthcare systems – recently announced the successful completion of its growth financing. This funding round was led by Excelerate Health Ventures and OCA Ventures, and other notable investors.
Atalan Tech’s advanced machine learning platform was designed to analyze data from within healthcare providers’ existing systems to accurately identify signs of clinician and nurse burnout and predict turnover risks. And its early warning system could predict, prevent, and budget for clinician staff turnover approximately up to a year in advance.
The newly raised funding round will play a pivotal role in propelling Atalan Tech forward in its next phase of growth, as the company realizes its mission of revolutionizing the healthcare industry through humanized AI applications. And the funds will be strategically allocated to fuel research and development, expand the talented team of interdisciplinary scientists, and ramp up sales and marketing efforts.
Among the prominent investors that participated in the growth financing is Excelerate Health Ventures, co-led by OCA Ventures, and several angel investors with expertise in the healthcare sector. And their involvement brings not only financial support but also invaluable strategic guidance, industry connections, and expertise in clinician well-being and retention to empower Atalan Tech’s rapid growth and effort to move the needle on this critical nationwide issue.
KEY QUOTES:
“We are thrilled to have secured $2.5 million in our Seed Round, a strong testament to the mission Atalan Tech embodies. We believe in putting the care back into healthcare by empowering healthcare leaders to proactively manage the lifecycle of clinician and nurse well-being and retention.”
- Tiffany Chan, Co-Founder and CEO of Atalan Tech
“Clinician burnout is a pressing issue affecting our medical industry. Atalan Tech’s technology allows companies to address this problem at an early stage, ultimately enhancing the lives of healthcare professionals and patients alike.”
- Bobby Bahram, Managing Partner at Excelerate Health Ventures
