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AI doctor assistant Heidi's value soars after $100m investment
Gift 5 articles to anyone you choose each month when you subscribe. Six-year-old Melbourne start-up Heidi, which is the fastest growing company ever in the portfolio of the country's biggest venture capital firm Blackbird Ventures, has closed a $US65 million ($98 million) funding round that has
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Aussie AI startup that wants to double healthcare capacity outpacing Canva's growth
An Australian startup that is utilising artificial intelligence to help medical professionals is growing faster than Canva and has plans to double healthcare capacity. Melbourne-based startup Heidi has recently found its valuation jump by almost $100m after its second funding round of 2025. The
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Melbourne-based startup Heidi, an AI scribe for medical professionals, secures $98 million in funding, outpacing Canva's growth. The company aims to double healthcare capacity by reducing administrative workload for doctors.
Melbourne-based startup Heidi, founded in 2021, has emerged as a game-changer in the healthcare industry with its AI-powered scribe technology. The company recently secured a $US65 million ($98 million) funding round, catapulting its valuation and cementing its position as the fastest-growing company in Blackbird Ventures' portfolio, Australia's largest venture capital firm
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.Heidi's core offering is an AI scribe that listens to medical consultations, takes notes, and automates documentation for healthcare professionals. This innovative approach aims to significantly reduce the administrative burden on doctors, allowing them to focus more on patient care. The technology has gained rapid adoption, being used in two million patient sessions per week across 116 countries and in 110 languages
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Source: Sky News
Dr. Tom Kelly, Heidi's CEO and founder, developed the idea while working as a vascular surgery trainee. Recognizing the potential of AI in healthcare, he put his medical training on pause to build a technology that could streamline administrative tasks in the medical field. Dr. Kelly's vision is ambitious: "I want to double healthcare capacity," he stated, emphasizing the urgency and opportunity in the current healthcare landscape
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Heidi's growth has been nothing short of remarkable. The company has:
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To capitalize on its success, Heidi is initiating a secondary sale of $US5 million worth of existing shares to clinicians among its customer base, providing an opportunity for staff and early investors to realize some of their gains
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.Heidi's rapid growth has been facilitated by the broader AI boom. The company collaborates with tech giants like Amazon and Google, leveraging their AI infrastructure investments. This approach allows Heidi to focus on developing features that are most valuable to clinicians, rather than building everything from scratch
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.As the healthcare industry continues to grapple with efficiency challenges, Heidi's AI-driven solution presents a promising path forward, potentially revolutionizing how medical professionals manage their time and patient care.
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