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Venture Capital News: Elaborate Scores $10M Seed Round

2023-01-26
NEW YORK, NY, Elaborate, the tool that doctors and their staff use to deliver contextualized, action-oriented lab results to patients, has raised $10 million in Seed funding.
The funding round was led by Tusk Venture Partners, with participation from Founder Collective, Company Ventures, Bling Ventures, and Arkitekt Ventures, as well as renown investors such as Elliot Cohen (Pillpack, Amazon), Sara Wajnberg (Oscar), Scott Belsky (Behance, Adobe), and Sean and Peter Glass, MD (Advantia).

Elaborate is the platform for practitioners to share lab results that tell patients what their health data means and what to do next. The company's technology integrates with doctors' EMRs and analyzes patient data with Elaborate's proprietary clinical insights engine, enabling doctors to send a personalized report summarizing patients' key findings. The technology is responsible for covering 500,000 patients and has integrations live with 65+ EMRs.
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