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Industries
AI & Machine Learning
Healthcare
Company Size
51-200
Company Stage
Series B
Total Funding
$187.2M
Headquarters
Boston, Massachusetts
Founded
2017
Iterative Health focuses on improving gastrointestinal (GI) care through the use of artificial intelligence (AI) and machine learning (ML). Their main product, SKOUTĀ®, is an FDA-cleared device that helps doctors detect adenomas, which are precursors to colorectal cancer. This device enhances, rather than replaces, the physician's judgment, leading to more accurate diagnoses. In addition to SKOUTĀ®, Iterative Health provides technology that streamlines clinical trials, ensuring high-quality patient care and standardized reporting across different healthcare institutions. This technology aims to make advanced care accessible to underserved populations. Unlike many competitors, Iterative Health combines AI-driven tools with a strong emphasis on colorectal cancer prevention and clinical trial optimization. The company's goal is to deliver world-class GI care and improve patient outcomes globally.
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Total Funding
$187.2M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Vision/Dental/ Medical Insurance
Life/Disability Insurance
Parental Leave
Stock Options
Flexible Work Hours
Unlimited Paid Time Off
Machine Vision & HealthTogether with LLMs (large language models) like ChatGPT, machine vision is one of the most important recent developments in AI. The various methods used to achieve it, such as neural networks and deep learning, are now allowing computers to truly see their environment.One application of this idea is letting computers take over humans' tasks like driving or giving robots full autonomy in the real world instead of staying confined to factory floors.It is one one of the large drivers of machine vision adoption, a quickly growing market expected to reach $9.2B by 2029.But another equally important task is judging our health. Many medical diagnoses rely on doctors' visual assessments. This includes direct examination and expert-level analysis of radiography, scanners, and other medical images.In most cases, these visual inspections are somewhat subjective. A doctor will need many years of experience to become truly confident in his assessment. And until now, the complexity of each patientās body being slightly different made it too complex for automatized measurement.This is finally changing, and many companies are now exploring deploying AI machine vision to create superior analyses of medical images.Direct Visual ExaminationWe recently explored the case of using AI to detect better than human doctor ear infections in our article āAI Poised to Become Invaluable Medical Diagnosis ToolāThis can be expanded to many other pathologies; for example, Google's AI imaging can be used to diagnose 26 different skin diseases (80% of cases seen in primary care), detect diabetic retinopathy , or even predict the risk of developing diabetic retinopathy in the future .More surprisingly, AI also appears to be able to detect health issues from visual inspections that humans could not use; for example, detecting anemia (normally requiring a blood test) from a look at the eyeās retina
Iterative Scopes Raises $150M to accelerate development of its core algorithmic innovations designed to transform gastroenterology care for patients
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Iterative Health, a pioneer in precision-medicine technologies for gastroenterology, announced today that it has partnered with Gastro Health, a national leading medical group specializing in digestive and liver health, to bring its AI Recruitment (AIR) technology to Gastro Healthās practices. This strategic partnership will lay the groundwork for future collaborations by using AIR to aid in the recruitment of patients for clinical trials in inflammatory bowel disease (IBD) and expanding Gastro Healthās clinical research capabilities.Gastro Health is one of the largest national medical groups specializing in digestive and liver health and has a presence in seven states ā Florida, Alabama, Washington, Virginia, Ohio, Maryland, and Massachusetts ā with over 380 physicians and 150 locations consisting of medical offices, infusion centers, imaging services, and a specialty pharmacy. Gastro Health owns and operates endoscopy centers as well as pathology and anesthesia services. Iterative Health is a pioneer in the application of advanced artificial intelligence (AI) tools in gastroenterology. To date, the company has raised $195M in funding and is rapidly growing in pursuit of its mission to use computer vision-based technology to reduce disparities in healthcare. Iterative Health has partnered with multiple clinical research sites and continues to expand its impact and reach through this relationship with Gastro Health.ā Our shared mission with Iterative Health to democratize access to the highest quality GI care has opened the door for us to utilize AIR in our practices,ā said Joseph Garcia, CEO of Gastro Health
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Iterative Scopes, a pioneer in precision-medicine technologies for gastroenterology, announced today that it has partnered with One GIĀ®, a gastroenterology management services organization (MSO), to bring its AI Recruitment (AIR) technology to One GIās clinical research. Initially, One GIĀ® will use AIR at Gastro One, one of One GIās clinical research sites in Memphis, Tennessee, with plans to expand to additional research sites within the One GIĀ® network. The implementation of AIR will aid in the recruitment of patients for clinical trials focused on inflammatory bowel disease (IBD). Both One GIĀ® and Iterative Scopes are fast-growing innovators in the gastroenterology space. One GIĀ® is a unique, rapidly expanding MSO that brings together community-based practices, including Gastro One, a network of six practices across Tennessee. The MSO currently has 40 sites within its network across Tennessee, Mississippi, Kentucky, Ohio, and Indiana. Iterative Scopes is a pioneer in the application of powerful, proprietary artificial intelligence tools to the practice of gastroenterology and drug development
Annual list recognizes innovators and leaders in life-sciences who positively impact the industry at large. CAMBRIDGE, Mass.--(BUSINESS WIRE)--Iterative Scopes, a pioneer in precision-medicine technologies for gastroenterology, announced today that Jonathan Ng, MBBS, the companyās founder and CEO, has been named to the PharmaVoice 100 ā an annual list that recognizes the most inspiring people in the life-sciences industry
Cambridge, MA, USA + 1 more
$100k - $130k/yr
Cambridge, MA, USA + 1 more
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Industries
AI & Machine Learning
Healthcare
Company Size
51-200
Company Stage
Series B
Total Funding
$187.2M
Headquarters
Boston, Massachusetts
Founded
2017
Cambridge, MA, USA
Cambridge, MA, USA + 1 more
$100k - $130k/yr
Cambridge, MA, USA + 1 more
Find jobs on Simplify and start your career today
People & HR
1 Open Roles
Discover companies similar to Iterative Health