The Venture Codex Logo

The Venture Codex

CohortIQ

30 Windmill St, Millers Point, New South Wales, Australia

Overview

CohortIQ ingests health data and open government datasets and runs them through machine-learning systems to identify patients who represent "unnecessary admissions." The company is initially targeting people with chronic illnesses such as renal failure and diabetes who can be better treated in community settings. Its product aims to keep frequent hospital users out of hospital and direct them into intervention programs, freeing up beds. Prior to the DataStart win the concept was an idea from co-founder Ian Tebbutt and two others; the team used hospital episode data from data.gov.au to develop the system. CohortIQ won AU$200,000 in seed funding via the public–private DataStart initiative, and says the money will be used to further develop automation and scalability. The founders describe the problem as global — noting 235,000 unnecessary admissions per year — and aim to make hospital analytics simpler and more automated so the solution can scale.

Total raised
$200M
Funding rounds
1
Latest round
Seed
Latest activity
Jan 2016

Industries

  • Analytics
  • Artificial Intelligence (AI)
  • Big Data
  • Data Visualization
  • Health Care
  • Hospital
  • Machine Learning
  • Medical
Visit website

Recent funding

  1. Seed

    Jan 2016

    $200M

Team

No current team members are available.