Iterative Health

Iterative Health

AI-driven solutions for gastrointestinal care

About

Iterative Health focuses on improving gastrointestinal (GI) care through the use of artificial intelligence (AI) and machine learning (ML). Their main product, SKOUT®, is an FDA-cleared device that helps doctors detect adenomas, which are precursors to colorectal cancer. This device works alongside physician judgment to enhance the accuracy of diagnoses. In addition to SKOUT®, Iterative Health provides services that optimize clinical trials by using AI-enabled documentation technology, which improves patient care and ensures high-quality reporting across different healthcare institutions. This technology aims to make advanced care accessible to underserved populations. Unlike many competitors, Iterative Health combines AI technology with a strong focus on colorectal cancer prevention and clinical trial efficiency. The company's goal is to deliver world-class GI care and improve health outcomes for patients globally.

Company Stage

Series B

Employees

51-200

Industries

AI & Machine Learning, Healthcare

Total Funding

$182.1M

Headquarters

Boston, Massachusetts

Founded

2017


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Simplify's Take

What believers are saying

  • AI-driven predictive analytics in gastroenterology allow for personalized, effective patient care.
  • Partnerships with Gastro Health and One GI® expand clinical research capabilities in GI care.
  • $150M Series B funding accelerates AI innovations, transforming gastroenterology care.

What critics are saying

  • Competition from tech giants in AI medical imaging threatens Iterative Health's market share.
  • Rapid expansion and partnerships may strain operational capabilities and resources.
  • Reliance on AI exposes Iterative Health to potential ethical and regulatory scrutiny.

What makes Iterative Health unique

  • Iterative Health uses AI to enhance GI care, focusing on colorectal cancer prevention.
  • Their SKOUT® device aids in adenoma detection, improving diagnostic accuracy in endoscopy.
  • AI-enabled documentation technology optimizes clinical trials, enhancing research quality and continuity.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%

Benefits

Vision/Dental/ Medical Insurance

Life/Disability Insurance

Parental Leave

Stock Options

Flexible Work Hours

Unlimited Paid Time Off

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