Nabla Raises $70M to Expand Clinical Tools for Healthcare Professionals
The Paris-based company plans to grow its AI-powered platform to support doctors, nurses, and medical teams more effectively.
Nabla, a health technology company creating digital assistants for medical professionals, has raised $70 million in Series C funding. The round was led by Germany’s HV Capital, with support from Highland Europe, DST Global, Cathay Innovation, and Build Collective, founded by Tony Fadell.
Since its founding in 2018, Nabla has raised a total of $120 million. The company, based in Paris with an office in New York, did not share its latest valuation but was estimated to be worth around $180 million during its last funding round in early 2024.
What Nabla Does
Nabla builds tools that help doctors and healthcare workers save time on paperwork. Its main product is a digital assistant that automatically writes notes and medical reports. This tool is already in use across more than 130 healthcare organizations and serves over 85,000 clinicians.
According to Nabla, its assistant helps reduce the time spent on clinical documentation by more than 50%. The company says this leads to lower burnout among healthcare workers and improves patient satisfaction.
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What’s Next for Nabla
With this new funding, Nabla plans to build a broader platform that goes beyond documentation. It is developing:
- A real-time coding assistant to identify billing issues during patient visits
- A context-aware tool that pulls historical data and performs actions within electronic health records
- Expanded features for nurses and inpatient care teams
These tools aim to improve workflow, reduce errors, and support medical staff in delivering better care.
Funding Trends
Investment in health-related technology companies like Nabla continues to grow. In the past year, nearly half of U.S. venture funding has gone to AI-focused startups, with the healthcare sector being a key area of interest. Globally, AI companies received over $59 billion in the first quarter of the year, marking a record high for the sector.
As demand increases for smart, efficient healthcare tools, Nabla is positioning itself as a major player in the evolving clinical technology landscape.