About Abstractive Health
Abstractive Health is a company based in New York (United States) founded in 2022 by Giordana Pulpo and Ritika Poddar.. Abstractive Health has raised $100 thousand across 2 funding rounds from investors including National Science Foundation and Cornell Tech. Abstractive Health operates in a competitive market with competitors including Synopsis Healthcare, ChartWise Medical Systems, HealtheeOne, MedLever and Format Health, among others.
- Headquarter New York, United States
- Founders Giordana Pulpo, Ritika Poddar
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Abstractive Health, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 K (USD)
in 2 rounds
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Latest Funding Round
$294.99 K (USD), Grant
Aug 15, 2023
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Investors
National Science Foundation
& 1 more
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Employee Count
Employee Count
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Funding Insights of Abstractive Health
Abstractive Health has successfully raised a total of $100K across 2 strategic funding rounds. The most recent funding activity was a Grant round of $294.99 thousand completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $294,991
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First Round
First Round
(17 Jun 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Grant - Abstractive Health | Valuation |
investors |
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| Jun, 2022 | Amount | Seed - Abstractive Health | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Abstractive Health
Abstractive Health has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include National Science Foundation and Cornell Tech. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A government-backed foundation providing seed-stage investments to support small businesses.
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Founded Year | Domain | Location | |
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Cornell Tech is focused on technology education and innovation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Abstractive Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Abstractive Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abstractive Health Comparisons
Competitors of Abstractive Health
Abstractive Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Synopsis Healthcare, ChartWise Medical Systems, HealtheeOne, MedLever and Format Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Pre-operative assessment software and anesthetic charting solutions are provided.
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| domain | founded_year | HQ Location |
Clinical documentation and coding solutions are developed for hospitals.
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| domain | founded_year | HQ Location |
Medical consultations are recorded via a cloud-based platform.
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| domain | founded_year | HQ Location |
Oncology workflow solutions are provided to streamline radiation therapy operations.
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| domain | founded_year | HQ Location |
Electronic cardiac data is documented for patient monitoring via tablets.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Abstractive Health
When was Abstractive Health founded?
Abstractive Health was founded in 2022.
Where is Abstractive Health located?
Abstractive Health is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Abstractive Health?
Vince Hartman is the current CEO of Abstractive Health.
Is Abstractive Health a funded company?
Abstractive Health is a funded company, having raised a total of $100K across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Jun 17, 2022.
What does Abstractive Health do?
Abstractive Health was established in 2022 in New York, United States, within the healthcare technology sector. An NLP-based platform is offered to summarize clinical notes and apply machine learning for system improvements. Services enable revenue collection for doctors and identification of diagnoses and follow-ups. Operations focus on supporting healthcare providers through these automated tools.
Who are the top competitors of Abstractive Health?
Abstractive Health's top competitors include MedLever, Synopsis Healthcare and HealtheeOne.
Who are Abstractive Health's investors?
Abstractive Health has 2 investors. Key investors include National Science Foundation, and Cornell Tech.