Leading the charge in healthcare robotic automation, Diligent Robotics has declared a fresh injection of $25 million in funding. This financial boost, with Canaan at the helm, is supported by past investors True Ventures, DNX Ventures, and Next Coast Ventures. Notably, Northwestern Medicine Innovation has stepped in as a new strategic investor. The addition of Rich Boyle from Canaan to the board of directors is yet another significant development from this announcement.
The company has earmarked these funds primarily for scaling up their game-changing healthcare robot, Moxi, in hospitals across the nation. The objective is to foster product innovation and triple the company’s market influence.
Moxi: The Pioneering Healthcare Automation Assistant
Diligent Robotics is renowned for pioneering technologies that enable robots like Moxi to seamlessly cooperate and adapt in human-oriented environments. The positive impact of Moxi is manifest in its ability to autonomously manage deliveries of essentials such as medications and lab supplies. Its proficiency has also been tapped into burgeoning high-value programs like Meds to Beds, Just in Time Logistics, and Virtual Nursing.
Moxi isn’t just another healthcare automation robot. As the sole socially-intelligent robot teammate in today’s healthcare landscape, its prime directive is to bolster the operational efficacy of hospital care teams. Created by the visionary duo, Dr. Andrea Thomaz and Dr. Vivian Chu, Moxi lightens the load for healthcare professionals, letting them give more to patient care and optimize their professional capacities.
Dr. Thomaz, Diligent Robotics’ co-founder and CEO, expressed her enthusiasm, “The overwhelming response to Moxi underscores not just the tangible benefits of robotic augmentation for frontline hospital teams, but also our customer-focused approach to incorporating novel tech into healthcare.” She further stressed their commitment to enhancing healthcare through robotics.
Moxi’s Growing Footprint
Currently, more than 22 health systems, equivalent to over 200 hospitals across the country, have embraced Moxi. Some of these include esteemed names like NorthShore – Edward-Elmhurst Health and The University of Texas affiliated health networks. The company’s ambitions don’t stop there; they foresee a tripling of their market footprint in the upcoming two years.
Northwestern Medicine’s Senior VP, Doug King, noted how Moxi’s innovative technology has optimized workflows and staff efficiency. Plans are underway to expand the robot’s role within their health system.
Milestones and Beyond
2016 was a stellar year for Diligent Robotics. Their advancements spanned product evolution, customer engagement tactics, and production capabilities. The company’s collaborative endeavors with preeminent healthcare institutions, together with a honed quality assurance process, have hastened Moxi’s deployment process.
Impressive metrics also vouch for their progress. Moxi, with its avant-garde manipulation techniques, has autonomously navigated elevators tens of thousands of times in just the last month. The Children’s Hospital Los Angeles, as the first pediatric hospital to introduce Moxi, showcases the robot’s capabilities. In merely four months, Moxi carried out over 2,500 deliveries, journeyed 132 miles, saving staff over 383,000 steps and a whopping 1,620 work hours. Diligent Robotics is poised to further its market hold, especially within children’s hospitals, in 2024.
Rich Boyle, from Canaan, emphasized the urgent need for innovative efficiency solutions in healthcare, given the rising demands and limited workforce. He lauded Moxi’s transformative contributions and expressed Canaan’s excitement in spearheading this latest financial endeavor.
Diligent Robotics has secured $25 million in funding to expand its healthcare robot, Moxi, which enhances hospital operational efficiency. With Moxi already operating in over 200 hospitals, the company aims to triple its market reach. The funding and subsequent advancements signal a bright future for robotics in healthcare.
Hi, I’m Oren, founder at BIGINTRO, a content strategy agency that helps B2B companies drive growth. We develop search, social, PR, and content marketing strategies tailored to business goals. I also have a dog named Milo.