H1 Is First to Arm Biopharma Companies with Live Data Insights to Help Fight Diseases
H1, the first company to arm healthcare organizations with live data insights to help fight diseases, announced that Shore Group has invested $6Million to accelerate H1’s growth.
H1 has built a technology infrastructure grounded in machine intelligence that enables it to quickly find and surface relevant data from any public clinical and scholarly database anywhere in the world. The company layers in curated data harvested from hundreds of thousands of website profiles and conference presentations.
Read More: New and Exciting Ways Brands Are Using AI on Social Media
The result: what used to take a healthcare organization a month to find and analyze (if they could find it at all), now takes H1 just hours.
Ariel Katz, co-founder of H1, came to Shore Group when the company acquired his startup Labspot in 2016. He had a vision for a data company focused solely on healthcare, and Shore Group encouraged him to start H1 in late 2017. Incubated at Shore Group, over the past year, H1 grew swiftly, signing well over seven figures in revenue across some of the largest biopharma companies.
Read More: Setting the Stage Now for Artificial Intelligence Success in 2019
“H1 has been very successful in developing technology that surfaces hard-to-find healthcare data, and arms clients with that data so they can make better and faster data-driven decisions along their development pipeline,” said Ian Sax, CEO of Shore Group. “Ariel has opened our eyes to the big opportunities in healthcare data and we are excited to continue to invest in H1.”
Katz said, “With expertise in data collection for some of the largest global financial institutions, Shore Group was the ideal incubation spot for H1, as we established ourselves in the healthcare data space. Now that we are on solid footing, with a clear path to growth, we’re excited to operate independently, with Shore Group’s backing as an investor.”
Read More: Interview with Joe Dumoulin, CTO & Innovation Officer at Verint Intelligent Self-Service
