About Saykara
Saykara is a Healthcare company based in Seattle (United States) founded in 2015, and was acquired by Nuance in February 2021. Patient documentation is automated for physicians using machine learning. It operates in the Healthcare and Technology sectors. Saykara has raised $7.73 million across 3 funding rounds from investors including Nuance, NewYork-Presbyterian and SpringRock Ventures. The company has 25 employees. The company was acqui-hired. Its focus areas include High Tech, Speech and Voice Recognition, Applications and Clinical Documentation. Its legal entity is SAYKARA, INC. Its competitors include Suki, SmarterDx and NVoq; 3 of its 3 listed competitors have raised funding.
Company details
Saykara was founded in 2015 in Seattle, United States, within the healthcare technology sector. A system is offered that automates documentation for physicians by capturing patient-doctor interactions. Speech recognition and natural language processing are utilized, alongside machine learning algorithms, to generate records on patient history and consent. Operations center on improving clinical workflows through these automated tools.
- Headquarters Seattle, United States
- Employees 25
- Stage Acquired
- SectorsHealthcareTechnology
- Email••••••••
- Website saykara.com
- Social LinkedIn X
- Acquired by Nuance (Feb 2021)
- Legal Name Saykara, Inc.
Funding Insights of Saykara
Saykara has successfully raised a total of $7.73M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in June 2018. 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 $7.73M
- Total Rounds 3
- Last Round Series A — $5M
- First Round $200,000
(Jan 2016)
- Investors Count 5
All 3 funding rounds of Saykara with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | $5M | Series A | – | SpringRock Ventures | |
| Jul 2016 | $2.53M | Seed | – | Madrona Venture Group | – |
| Jan 2016 | $200,000 | Seed | – | – | – |
6 investors in total: 5 institutional and 1 angel.
Investors in Saykara
Saykara has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Nuance, NewYork-Presbyterian and SpringRock Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech & Life-Sciences focused Stage-agnostic VC firm investing in geographies such as North America | springrockventures.com | Seattle, United States | ||
Early stage centric tech and energy focused micro-VC investing in geographies such as the US, India and Europe | eipfund.com | New York, United States | ||
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond. | madrona.com | |||
Chain of multispeciality hospitals | 1998 | nyp.org | United States | |
KM Kirsten Morbeck | Angel investor focusing on early-stage Indian startups, ex-entrepreneur. | unknown_80e227a25d254458b | ||
Conversational AI solutions are provided for enterprise customer experiences. | 1992 | nuance.com | London, United Kingdom |
Investor details for Saykara
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People of Saykara
10 people are tracked at Saykara (7 in leadership, 3 in team); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
Jaskaran Gill | Director of Product | Leadership |
Joy Efron | VP, Marketing | Leadership |
Graham Hughes | President & Chief Medical Officer | Leadership |
Amarjit Sandhu | VP, Engineering | Leadership |
Harjinder Sandhu | Founder & CEO | Leadership |
Ryan Plasch | VP, Growth | Leadership |
Nick Michels | Director of Information Security | Leadership |
Nicholas Dario | Engineer | Team |
Phillip Wong | Customer Success | Team |
August Lin | Engineer | Team |
Complete people profiles for Saykara
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Timeline of Saykara
4 dated milestones of Saykara across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Saykara is founded.
- Funding First funding round of $200K.
- Funding Latest funding round, Series A, of $5.0M.
- Exit Acquired by Nuance.
Competitors of Saykara
Saykara has 3 listed competitors in our database, 3 of them funded. They include Suki, SmarterDx and NVoq.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| suki.ai | 2017 | Redwood, United States | $165M | 87 | AI-backed voice solutions for medical documentation are provided. | |
| smarterdx.com | 2020 | New York, United States | $55.97M | AI-based clinical charting software is developed for healthcare organizations. | ||
| nvoq.com | 2000 | Boulder, United States | $70.38M | 55 | Cloud based Speech Recognition Solutions |
Detailed competitors of Saykara
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Saykara (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about Saykara
Saykara was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Saykara is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Saykara is a funded company, having raised a total of $7.73M across 3 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Jan 2016.
Saykara has 25 employees.
Saykara was founded in 2015 in Seattle, United States, within the healthcare technology sector. A system is offered that automates documentation for physicians by capturing patient-doctor interactions. Speech recognition and natural language processing are utilized, alongside machine learning algorithms, to generate records on patient history and consent. Operations center on improving clinical workflows through these automated tools.
Saykara has 6 investors. Key investors include Nuance, NewYork-Presbyterian, SpringRock Ventures, Elevate Innovation Partners, and Madrona.
Saykara operates through Saykara, Inc..
Yes. Saykara was acquired by Nuance in February 2021.