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 designed to help 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 more accessible, especially 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 top-tier GI care and improve health outcomes for patients worldwide.

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 are gaining traction for personalized treatment plans.
  • Collaborations with large medical groups expand Iterative Health's market reach and impact.
  • AI-based recruitment tools like AIR accelerate patient enrollment and improve trial outcomes.

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 biases, affecting patient trust.

What makes Iterative Health unique

  • Iterative Health uses AI to enhance GI care, focusing on colorectal cancer prevention.
  • Their SKOUT® device is FDA cleared for polyp detection, aiding in accurate diagnoses.
  • AI-enabled documentation technology optimizes clinical trials, improving patient care quality.

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Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-16%

2 year growth

-24%

Benefits

Vision/Dental/ Medical Insurance

Life/Disability Insurance

Parental Leave

Stock Options

Flexible Work Hours

Unlimited Paid Time Off

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