Sword Health launched Phoenix, an evolution of the first AI Care platform originally introduced in 2015.
Phoenix aims to serve those who lack access to care by connecting them to an AI platform that focuses on natural conversation, real-time feedback, and clinical analysis.
In conjunction with the new product launch, Sword announced a financing round of $130 million, bringing its total funding to $340 million and valuing the company at $3 billion, a 50% increase from its Series D valuation. This increased funding will be utilized to enhance the platform’s capabilities, expand its reach, and integrate new features catering to a broader spectrum of healthcare needs.
The launch of Phoenix marks a significant milestone in Sword Health’s journey, poised to redefine care delivery by making it more accessible, efficient, and personalized for patients worldwide.
"Our mission has always been to make healthcare accessible and effective for everyone. With Phoenix, we are taking a giant leap towards achieving that goal," CEO Virgilio Bento said in a health systems news release.