Ascertain

Ascertain

Develops AI solutions for healthcare systems

About Ascertain

Simplify's Rating
Why Ascertain is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

AI & Machine Learning

Healthcare

Company Size

11-50

Company Stage

Late Stage VC

Total Funding

$100M

Headquarters

New York City, New York

Founded

2022

Overview

Ascertain focuses on integrating artificial intelligence into healthcare systems to improve patient care and address healthcare inequities. The company develops AI-based healthcare companies by leveraging a team of clinicians, engineers, and business leaders who work together to create a platform for launching these companies. Ascertain's AI tools aim to reduce administrative tasks for healthcare professionals, allowing them to concentrate on patient care, which enhances the overall efficiency of healthcare delivery. Unlike many competitors, Ascertain emphasizes collaboration with top operators and an interdisciplinary approach to build solutions that are more human-centered. The company's goal is to transform medicine and create a more equitable healthcare future through the launch of innovative AI healthcare companies.

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Simplify's Take

What believers are saying

  • AI-driven predictive analytics enhance patient outcome anticipation and resource allocation.
  • AI in healthcare is projected to grow, reducing costs and improving efficiency.
  • Ascertain's leadership team brings extensive experience in healthcare and AI innovation.

What critics are saying

  • Over-reliance on AI could lead to ethical concerns and patient trust issues.
  • Rapid AI development may outpace healthcare providers' integration capabilities.
  • Competition from AI healthcare startups like Eyetelligence could impact Ascertain's market share.

What makes Ascertain unique

  • Ascertain integrates AI into healthcare to address inequities and improve patient care.
  • The company collaborates with Northwell Health and Aegis Ventures for strategic healthcare innovations.
  • Ascertain's platform focuses on launching AI-based healthcare companies to transform medicine.

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Funding

Total Funding

$100M

Above

Industry Average

Funded Over

1 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Flexible Work Hours

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

0%

2 year growth

8%
PR Newswire
Aug 22nd, 2023
Ascertain Announces Leadership Team With Appointment Of Ceo Mark Michalski, M.D. And Executive Chairman Gregg Fergus

Michalski, an Amazon alum, and Fergus, ex-CEO of 4Catalyzer, will lead the company creation platform building AI applications in healthcare.NEW YORK, Aug. 22, 2023 /PRNewswire/ -- Ascertain, a healthcare AI company creation platform, today announced the formation of its leadership team with the appointment of CEO Mark Michalski, M.D. and Executive Chairman, Gregg Fergus. Michalski and Fergus will lead Ascertain in its mission to merge deep technical, operational, and clinical expertise to deliver high-quality, equitable, and affordable healthcare.Michalski brings two decades of executive leadership experience to Ascertain. Prior to Ascertain, Michalski led strategic development for healthcare and life sciences at Amazon, was Founding Executive Director at Mass General Brigham/Harvard's Center for Clinical Data Science, and served as President and CMO of two publicly traded companies - Butterfly Network and Hyperfine Research. He is a board-certified radiologist and completed his medical training at Yale and Stanford.Fergus and Michalski met and collaborated closely at the venture studio 4Catalyzer where Fergus was CEO, launching several leading healthcare companies including Butterfly Network, Hyperfine Research, AI Therapeutics, and Quantum Si

Startup Daily
May 15th, 2023
AI-based eye disease detection startup raises $18 million from US investors

Eyetelligence uses AI technology and retinal imaging to screen for eye and other diseases, and will launch in the US as Optain.

InnovateLI
May 9th, 2023
Northwell, Aegis open eyes with Aussie AI investment

To really get the eyeballs rolling, Ascertain also announced a $12 million seed investment in the domestic startup – marking the first launch in the partnership’s AI-focused portfolio.

Fierce Healthcare
Apr 13th, 2022
Northwell Health-backed JV invests $100M in AI companies tackling health inequities

NEW YORK, New York—Northwell Health and startup studio Aegis Ventures formed a new joint venture last fall that aims to create novel artificial intelligence tools for patient care. | NEW YORK, New York—Northwell Health's JV, called Ascertain, plans to use $100 million to launch multiple AI companies in 2022 to tackle health inequities, with an initial focus on maternal health and chronic disease detection, executives announced Tuesday.

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