Kontakt.io, a leading provider of Inpatient Journey Analytics, announced a Series C investment of $47.5 million, led by Growth Equity at Goldman Sachs Asset Management. This funding round will support the company’s growth and expansion of Artificial Intelligence (AI) solutions.
Kontakt.io enables health systems to optimize patient, staff, and resource flows, improving safety, coordination, and service delivery. The company uses AI, the Internet of Things (IoT), and cloud technology to provide real-time location data and orchestrate staff, equipment, and clinical spaces around a patient’s care journey. By integrating these technologies seamlessly into hospital workflows, Kontakt.io is ushering in a new era of operational excellence in clinical care delivery.
With Kontakt.io’s platform, customers such as HCA, the VA, Mercy Health, North East Georgia Health System, Trinity Health, and the NHS have seen major improvements in patient and employee experiences and fast ROI from operational efficiency.
Operational excellence has become a top hospital priority due to increasing complexity, cost burdens, and employee attrition rates. Failures in hospital care delivery account for about $300 billion, or nearly $300,000 per licensed bed, in annual waste in the US.
Christian Resch, partner at Goldman Sachs, will join Kontakt.io’s Board of Directors to advise on the company’s next growth stage.
KEY QUOTES:
“Clinical staff, the key asset of health systems, must be freed to focus on their single most important job: providing patient care. Our partnership with Goldman Sachs will help Kontakt.io further expand into AI to orchestrate care delivery resources and processes, putting staff and patients back at the center of care.”
- Philipp von Gilsa, CEO of Kontakt.io
“Kontakt.io creates exceptional value for its clients by addressing two of healthcare’s current great challenges: Reducing costs and freeing up time of nurses, doctors, and other hospital staff. Philipp von Gilsa and his team have built a world-class solution and demonstrated their ability to serve some of the world’s most demanding customers year after year. We see enormous potential in Kontakt.io and are thrilled to help further accelerate Kontakt.io’s expansion and enhance its product offerings.”
- Christian Resch, Partner in Growth Equity at Goldman Sachs Asset Management
