Participants in the funding round included Cor Group, one of the largest social care and healthcare service providers in Finland, as well as several experienced health sector angel investors.
September 12, 2024
Gosta Labs, the developer of AI assistant for healthcare, has raised €1.2 million in pre-seed funding. Participants in the funding round included Cor Group, one of the largest healthcare and social care service providers in Finland, as well as prominent experienced health sector angel investors.
Gosta Labs has developed a solution for ambient clinical documentation. The software, built on large language models, listens in the background during a healthcare appointment and automatically creates a draft of the clinical note for the doctor, thus saving healthcare professionals' time and supporting more meaningful patient interactions. The Western Uusimaa Wellbeing Services County has already implemented Gosta Labs’ solution in its first health center. Gosta Labs was founded by Henri Viertolahti and Lauri Sippola, whose previous health technology company, Kaiku Health, was acquired by the Swedish publicly listed medtech giant Elekta in 2020.
"Artificial Intelligence, with Large Language Models as a prime example, enhances the efficiency of healthcare data analysis and streamlines documentation processes. At the same time, real-time decision-making can be supported in unprecedented ways. Our goal is to help healthcare systems worldwide, which are struggling with rising patient numbers and limited resources, benefit from the latest technologies. With our solution, doctors and healthcare staff can focus more on patient care instead of spending time typing at a computer," says Lauri Sippola, CEO and co-founder of Gosta Labs.
Physician and co-founder of Cor Group, Olli Karhi, is joining Gosta Labs’ board of directors.
"As a doctor, I know that too much of healthcare staff's working time is spent on documentation and record-keeping. The potential savings from automating this work are enormous," adds Olli Karhi, Chairman of the Board of Gosta Labs.
For further information:
Lauri Sippola,
Co-founder, CEO
+358 40 744 7481
lauri@gostalabs.com
