How Much Did SpectrumAI Raise?
Funding & Key Investors

SpectrumAI, a prominent player in the healthcare technology sector, has secured significant enterprise-level funding, with its total capital raised reaching $29M. The company recently announced a major strategic investment of $20M, underscoring its continued growth and market traction in the AI-powered software domain for Applied Behavior Analysis (ABA) and behavioral health providers.

What is SpectrumAI?

SpectrumAI
SoftwareHealthcare Software

SpectrumAI is at the forefront of developing AI-driven software solutions tailored for Applied Behavior Analysis (ABA) and behavioral health providers. The company's platform is engineered to offer data-driven clinical decision support, integrated Electronic Health Record (EHR) functionality, and advanced analytics. By leveraging these capabilities, SpectrumAI empowers therapy organizations to enhance patient outcomes, streamline operational efficiency, and elevate the overall quality of care delivered within the behavioral health landscape. Their focus on technological innovation aims to address critical needs in a rapidly evolving healthcare market.

How much funding has SpectrumAI raised?

SpectrumAI has raised a total of $29M across 2 funding rounds:

2022

Angel/Seed

$9M

2023

Series A

$20M

Angel/Seed (2022): $9M with participation from Frist Cressey Ventures, F-Prime Capital Partners, and The Autism Impact Fund

Series A (2023): $20M led by Cobalt Ventures

Key Investors in SpectrumAI

Frist Cressey Ventures

Frist Cressey Ventures is a venture capital firm focused on accelerating growth in healthcare innovation, providing capital and strategic support to transform healthcare delivery and improve patient outcomes.

F-Prime Capital Partners

F-Prime Capital Partners invests in healthcare and technology companies, leveraging a team of investors, engineers, doctors, and scientists to drive innovation and growth in the sector.

The Autism Impact Fund

The Autism Impact Fund is a healthcare technology firm dedicated to investing in behavioral health, mental health, and autism solutions, aiming to improve care accessibility and employment opportunities for individuals with disabilities.

What's next for SpectrumAI?

The recent major strategic investment signifies a pivotal moment for SpectrumAI, positioning the company for accelerated scaling and further innovation in its AI-powered solutions. This capital infusion is expected to fuel advancements in their data-driven clinical decision support systems and analytics platforms, potentially expanding their reach within the behavioral health sector. SpectrumAI's trajectory suggests a commitment to enhancing care quality and operational efficiency for therapy organizations, with future developments likely to focus on deepening AI integration and broadening the scope of their EHR functionalities to meet evolving industry demands.

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Frequently Asked Questions Regarding SpectrumAI Financial Insights

What are the most recent funding rounds that SpectrumAI has completed, and what were the funding rounds?
SpectrumAI has recently completed 2 funding rounds: Series A on Mar 16, 2023, Angel/Seed on Jun 3, 2022.
What is the total amount of funding SpectrumAI has raised to date?
SpectrumAI has raised a total of $29M in funding to date.
How many funding rounds has SpectrumAI completed?
SpectrumAI has completed 2 funding rounds.
How much funding did SpectrumAI raise in its most recent funding round?
SpectrumAI raised $20M in its most recent funding round.
Who are the lead investors in SpectrumAI's latest funding round?
The lead investor in SpectrumAI's latest funding round was Cobalt Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SpectrumAI's history?
The largest funding round in SpectrumAI's history was $20M.
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