Century Health has successfully raised $5 million in a seed funding round, led by Origin Ventures, to enhance its AI-driven platform, CHARM, which boasts a remarkable 97% accuracy in clinical data abstraction.
This funding round included contributions from InnovateHealth Ventures, 25madison, Next Play Ventures, and existing investors like 2048 Ventures and Alumni Ventures. The capital will be allocated towards scaling collaborations with pharmaceutical partners, expanding their provider network, and enhancing their AI-powered data curation capabilities. Century Health aims to transform the use of clinical data to expedite research and improve patient outcomes.
CHARM automates the extraction and organization of clinical data, which has traditionally been a labor-intensive process. By addressing the challenges associated with unstructured data in electronic health records, Century Health is positioned to provide high-quality, research-ready datasets that are essential for therapeutic development. Their extensive provider network has grown significantly, attracting partnerships with major pharmaceutical companies.
The surge in AI investments within the life sciences sector has heightened the demand for proprietary clinical data. As traditional datasets become less viable, Century Health's infrastructure is well-suited to meet this need, enabling drug developers to optimize trial designs and patient stratification. The company’s mission is to make real-world clinical data accessible and reliable for researchers and healthcare providers, ultimately accelerating medical breakthroughs.