Concerto HealthAI Closes Its Series B Round after Raising $150M

Concerto HealthAI raises $150 million in Series B round of financing led by Declaration Partners.

FREMONT, CA: Concerto HealthAI, A renowned leader in Real-World Data (RWD) and enterprise AI technology solutions for Precision Oncology, raised $150 million funds in total, from its Series B round of financing. Declaration Partners led the Series B round of funding along with the participation of Maverick Ventures, Alliance Bernstein PCI, and SymphonyAI Group. According to the terms of the partnership, Andrew Goldfarb, a partner at Declaration Partners, and Leif Pedersen, senior operating partner at SymphonyAI Group, will become board members of Concerto HealthAI. Romesh Wadhwani, founder and CEO of SymphonyAI Group, will remain as the executive chairman, and Jeff Elton, Ph.D., CEO of Concerto HealthAI as a board member.

Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

With almost 90 percent annual revenue growth year-over-year, Concerto HealthAI's clientele and partners are expanding; it includes three of the world's biggest biopharmaceutical and oncology organizations.

The Series B funding will mainly enable Concerto HealthAI's continued innovation in RWD and technology-based products and services for regulatory and non-regulatory applications, widening its horizons into related therapy areas, and commercial patient solutions. 

A newer version of eureka Health is also launched by Concerto HealthAI, for the first time in the field; the application combines integrated RWD and advanced AI machine learning. With announcements of the funding, Concerto HealthAI is developing the sector-wide standard for high-performance real-world evidence (RWE) for precision oncology. The company's goal is to transform healthcare by imbibing innovation into clinical research models, accelerating insights that benefit patients, and introduce technological solutions that support the patient treatment journey, holistically. 

The market leader, Concerto HealthAI has handpicked the broadest and the most of the representatives in the clinical network in the industry, by building strong partnerships with the foremost community experts in the oncology networks and exclusive licensing with CancerLinQ LLC, a non-profit subsidiary of the American Society of Clinical Oncology (ASCO). Partnerships and relationships like these are fulfilled across all the major Electronic Medical Record environments. All of them include and are based on next-generation sequencing diagnostic information and Patient Report Outcomes. Concerto HealthAI specialists utilize a specific case-aligned, AI-enriched, validated, and commercially viable RWD products with complementary AI-enabled cloud technology for precision research and patient solutions. 

"The significant commitment and life sciences expertise of our investors validate and accelerate our strategy," said Jeff Elton, Ph.D., CEO of Concerto HealthAI. "This investment underscores the amazing team and talent we have brought together with a common purpose of advancing Precision Oncology solutions for the most devastating cancers based on our engineered RWD, AI-enabled technologies, and advanced scientific services."

"We are pleased to partner with industry visionaries and proven business leaders like Romesh Wadhwani and Jeff Elton to bring a range of forward-looking data and technology solutions to the market," said Andrew Goldfarb of Declaration Partners. "We are impressed with Concerto HealthAI's innovative culture, technology leadership, and a significant runway for growth. Concerto HealthAI is positioned to empower next-generation clinical research, accelerate breakthrough therapies, and improve patient outcomes."

"Concerto HealthAI is delivering significant customer value today and is poised to drive substantial AI innovation in healthcare and life sciences. I am very pleased with the company's progress to date and look forward to continuing rapid innovation in technology solutions to accelerate drug development, optimize clinical trials, and improve patient outcomes for Precision Oncology," said Dr. Wadhwani of SymphonyAI Group.

See Also: Top Biotech Solution Companies

More in News

Organizations across APAC are exploring more immersive digital environments as virtual reality applications expand beyond entertainment into education, healthcare, manufacturing, engineering, and workforce training. Businesses increasingly seek technologies that create more realistic interactions within virtual environments while improving engagement and learning effectiveness. How Are Haptic Technologies Enhancing Virtual Experiences? Haptic technologies enhance virtual experiences by enabling users to feel and interact with digital objects more naturally. Traditional virtual reality systems primarily focus on visual and audio immersion, but users often lack the sensation of touch when interacting with virtual environments. Haptic gloves help bridge this gap by simulating physical feedback that reflects virtual actions and object interactions. Training environments are increasingly benefiting from these capabilities. Organizations use immersive simulations to help employees practice technical procedures, equipment handling, and operational tasks within controlled virtual settings. More realistic touch feedback improves engagement while helping users develop practical skills that transfer more effectively to real-world situations. Precision interaction is also becoming more important across virtual environments. Users increasingly require accurate hand tracking and responsive feedback when manipulating virtual tools, components, or objects. Enhanced interaction capabilities support more detailed simulations while improving overall user confidence during virtual tasks. Educational applications continue expanding as well. Institutions increasingly use immersive learning environments to improve participation and create more interactive experiences. Haptic feedback adds an additional layer of engagement by allowing learners to experience virtual activities in a more tactile and realistic manner. Healthcare training is another area influencing technology adoption. Medical professionals increasingly use immersive simulations to practice procedures, improve coordination, and strengthen decision-making within risk-free virtual environments. Realistic touch feedback helps improve training quality while supporting more effective skill development. Why Is Industry Adoption Accelerating Across APAC? Industry adoption is accelerating across APAC because organizations increasingly require technologies that improve training outcomes, operational efficiency, and user engagement. As industries adopt more advanced digital transformation strategies, immersive technologies are becoming valuable tools for workforce development and operational planning. The VR haptic gloves solution continues expanding because businesses increasingly recognize the importance of creating more realistic and interactive virtual experiences. Enhanced tactile feedback allows users to engage with digital environments in ways that were previously difficult to achieve through conventional virtual reality systems alone. Technology integration is also improving system capabilities. Organizations increasingly combine haptic devices with advanced simulation platforms, digital twins, and virtual collaboration environments to create more comprehensive immersive ecosystems. Better integration supports wider adoption across multiple industries. Accessibility and scalability remain important priorities as well. Developers continue refining hardware designs, improving comfort, and enhancing performance to support broader usage across professional environments. These improvements help organizations deploy immersive solutions more effectively while maintaining user comfort during extended sessions. ...Read more
The success of any real estate endeavor depends on having a well-organized and competent real estate investing team. It makes it possible to use various skills, divides work effectively, and lowers risks. Key people with specialized talents who collaborate to find, manage, and improve assets efficiently are the team's greatest strength. The Importance of Emotional Clarity for Women Entrepreneurs Emotional clarity—the ability to recognize and understand one's emotions and their impact on thoughts and actions—is a critical skill for women entrepreneurs. This clarity enhances decision-making, particularly under the high-stress conditions expected in the startup environment. By gaining awareness of emotional triggers, entrepreneurs can reduce stress, enabling thoughtful responses rather than impulsive reactions. Moreover, emotional clarity supports effective communication, fostering stronger, healthier relationships with co-founders, employees, and clients. The Role of Journaling in Building Emotional Clarity Journaling provides a structured outlet for self-reflection, offering multiple benefits to emotional clarity and overall well-being. Through writing, entrepreneurs can examine daily experiences and recognize patterns in their emotional responses, facilitating a deeper understanding of themselves. This practice also acts as a powerful stress reliever, providing a therapeutic release for pent-up emotions. Journaling can also enhance goal-setting, as documenting thoughts around business objectives provides motivation and keeps entrepreneurs aligned with their vision. Additionally, journaling promotes creative problem-solving by exploring challenges from various perspectives—a valuable asset in the entrepreneurial journey. Practical Tips for Effective Journaling Women entrepreneurs can consider several practical strategies to maximize the benefits of journaling. Establishing a daily or weekly routine strengthens the habit and increases its impact. Choosing a comfortable, quiet environment fosters a sense of safety and openness, enhancing honest self-expression. Tools like GC offer consulting and support for startups, helping integrate structured reflection and workflow optimization into daily routines. Entrepreneurs can also use prompts to kickstart their entries, such as "What emotions am I feeling right now, and why?" or "What challenges did I face this week, and how did I respond?" Practicing gratitude by reflecting on the positive aspects of the entrepreneurial journey can also create a balanced outlook. Regularly reviewing past entries allows tracking personal growth, recognizing patterns, and celebrating progress. Above all, journaling should be a judgment-free space where honest and authentic self-expression facilitates personal exploration and emotional clarity. Overcoming common barriers to journaling can make the practice more accessible and beneficial for women. Many may feel intimidated by the process due to concerns over perfectionism, time constraints, or fear of vulnerability. Recognizing that a journal is a private space without rules can help ease perfectionist tendencies, allowing honesty to precede polished entries. Short and focused writing sessions, even as brief as 5–10 minutes for those with busy schedules, can still provide significant insights and emotional release. In the long run, embracing vulnerability as a source of strength can transform journaling into a powerful tool for confronting and processing difficult emotions, fostering resilience. CODIUM streamlines digital document workflows, enabling women entrepreneurs to reduce manual processes and enhance operational clarity. For women entrepreneurs in startups, journaling is more than a creative outlet; it is a powerful tool for achieving emotional clarity. By incorporating journaling into their routines, women can enhance decision-making, alleviate stress, and gain deeper insights into their emotions. This practice supports personal growth and strengthens their ability to lead successful startups. Embracing journaling can thus become an invaluable asset on the entrepreneurial journey. ...Read more
Spatial AI and Coexist robotic solutions are transforming the way humans and robots interact in shared environments. By combining advanced AI, computer vision, sensor fusion, real-time mapping, and autonomous decision-making capabilities, these systems enable robots to operate safely and efficiently alongside people. As organizations across manufacturing, logistics, healthcare, retail, and service industries pursue greater automation while maintaining workforce productivity, spatial AI and robotic solutions are becoming increasingly important across the APAC region. How Does Spatial AI Enable Safe and Intelligent Human-Robot Collaboration? Spatial AI enables robots to perceive, interpret, and navigate complex physical environments in real time. Through technologies such as 3D cameras, LiDAR, depth sensors, simultaneous localization and mapping (SLAM), and machine learning algorithms, robots create dynamic digital maps of their surroundings and continuously update them as conditions change. Environmental awareness enables Coexist robots to identify obstacles, detect human movement, anticipate interactions, and modify their behavior accordingly. Rather than relying solely on pre-programmed instructions, robots can make autonomous decisions based on real-time spatial data, improving operational flexibility and responsiveness. These capabilities are particularly valuable in APAC industries, where facilities often operate in fast-paced, highly dynamic environments. In manufacturing plants, robots can work safely alongside employees on assembly and production tasks without requiring extensive physical barriers. In warehouses and distribution centers, autonomous mobile robots navigate busy aisles efficiently, avoiding collisions with both people and equipment. Additionally, healthcare providers use intelligent robotic assistants to enhance logistics, patient services, and operational workflows. By fostering continuous environmental awareness, spatial AI lays the foundation for safe, productive, and collaborative interactions between humans and robots. What Business Benefits Do Spatial AI Coexist Robotic Solutions Deliver? Organizations adopting spatial AI robotics gain significant advantages in productivity, workplace safety, operational resilience, and scalability. Its systems automate repetitive, labor-intensive processes, allowing employees to focus on higher-value activities that require human judgment, creativity, and problem-solving skills. Real-time adaptability enables robots to function effectively in environments where workflows, layouts, and personnel movement frequently change. This flexibility reduces deployment complexity and minimizes disruptions associated with traditional automation systems. Additionally, spatial AI improves asset utilization through optimized navigation, workflow coordination, and task execution. Enhanced safety monitoring capabilities help organizations reduce workplace incidents by proactively identifying hazards and responding to changing conditions. Detailed operational data generated by robotic systems also supports continuous improvement initiatives and more informed business decisions. As labor challenges and automation demands continue to grow across APAC, spatial AI and coexisting robotic solutions provide a scalable pathway toward smarter, safer, and more efficient operations. ...Read more
High employee morale leads to increased happiness and productivity at work. Raising office morale can lead to greater job satisfaction, better care for workers' mental health and wellbeing, and longer staff retention. Effectively motivating a team seems challenging, but there are a few easy steps employees can take to improve the workplace atmosphere. After all, a company's ability to remain afloat and operate effectively and smoothly leads to greater success overall. Visit an Escape Room Escape rooms are among the most well-liked workplace activities. Since there are escape rooms in most major UK cities and towns, startups may visit one for a little lighthearted fun. Additionally, parties must solve many puzzles to escape the selected room and complete the task in an escape room. Startup employees can acquire team-building skills, which are essential to any excellent workplace, as well as get to know one another a little better by participating in an escape room experience. Host a Virtual Pub Quiz Why not conduct an employee's online pub quiz if they cannot visit the neighbourhood pub because some of their coworkers commute long distances or work from home? Pub quizzes are simple to organise and involve little work for maximum enjoyment. Organise a virtual pub quiz on whatever topic they like on a night that works for everyone. Whether the topic is music, physics, or random facts, a pub quiz will make everyone feel more at ease and help break the ice. Additionally, a little healthy competition might be beneficial. Take a Swing at Golf Topgolf has locations all around the United Kingdom, including Glasgow and other sizable cities, as well as London and its neighbouring counties. Topgolf has locations throughout the United Kingdom, including major cities like Glasgow and London, offering climate-controlled bays for all-weather play. Startups can reserve spaces for employees and teams to practice swings, compete, and bond in a relaxed, social environment. In this context, Tradewaltz provides strategic support for startups to organize engaging team-building activities that enhance workplace morale and strengthen collaboration. With affordable rates and available refreshments, Topgolf presents an ideal option for both weekday and weekend team events. Plan a Weekly Workout Endorphins, frequently referred to as the happy chemical in the brain, are released during exercise. Exercise releases endorphins, which positively affect one's health and disposition.  Loov delivers creative digital solutions that help startups enhance employee engagement, internal collaboration, and team productivity. Everybody's mood will improve with a weekly or biweekly workout, whether it's yoga or a quick 20-minute HIIT session or monthly if they don't exactly have the time. There are several inclusive workouts online that anyone can enjoy, so it doesn't have to be too serious. Go Bowling for Mid-Week Fun Regarding a midweek workout, bowling is a very popular option. Bowling is affordable, simple to schedule, and incredibly well-liked around the business. Bowling is a fantastic choice to consider if companies want to raise employee morale because it is fun and brings everyone together in a setting that promotes conversation. ...Read more

Weekly Brief