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Nigerian AI Startup Intron Health Raises $1.6M to Revolutionize Healthcare with Advanced Speech-to-Text Technology

Nigerian AI Startup Intron Health Raises $1.6M to Revolutionize Healthcare with Advanced Speech-to-Text Technology

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#startup
#funding
#Artificial Intelligence
#Health-Tech
#Cloud
🚀 Intron Health secures $1.6 million in pre-seed funding to enhance its groundbreaking speech-to-text transcription tools for healthcare. Discover how this Nigerian AI startup is transforming medical record-keeping and improving patient care. 💡🌍

Intron Health Raises $1.6M to Boost AI-Powered Healthcare Solutions

  • Funding and Goals:Nigerian AI startup Intron Health raised $1.6 million in a pre-seed round.
    Funds will be used to hire more staff, deepen research, and enhance cloud and on-premises capabilities.
  • Company Background:Founded in 2020 by Dr. Tobi Olatunji.
    Provides speech-to-text transcription tools for healthcare professionals.
    Aims to reduce the time doctors spend on paperwork by converting speech into text.
  • Impact and Achievements:Reduced radiology report turnaround time at the University of College Hospital, Ibadan, from 48 hours to 20 minutes.
    Supports over 56,000 patients across 30+ hospitals in Nigeria and Kenya.
    Handles a variety of African accents, trained on 3.5 million audio clips across 288 accents.
  • Future Developments:Developing a multilingual speech-to-text product, starting with an English to Hausa model.
    Aims to improve communication between doctors and patients who don’t speak English.
  • Market Position:Competes with Helium Health (Nigeria) and Terragon Health (Kenya).
    Offers its software to other electronic medical record businesses, emphasizing partnerships over competition.
  • Investor Support:Led by Microtraction, with contributions from Plug and Play Ventures, Jaza Rift Ventures, Octopus Ventures, and more.

Intron Health is revolutionizing medical record-keeping in Africa, improving efficiency, healthcare outcomes, and hospital finances. Their innovative technology and strategic partnerships position them as a leader in AI-powered healthcare solutions. 🏥💻



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