Yoni Shtein and Yael Adam Laguna Health Founders — Company Pic
Israeli startup Laguna Health, a post-hospital recovery assurance medtech company offering a value-based solution to reduce costly readmissions and shorten recovery times, closed its Series A round of investment bringing in $15 million. The round was co-led by SemperVirens and HC9 Ventures and brings Laguna’s total raise to date to over $21 million. Meanwhile, Visual Layer, another Israeli startup that offers a visual data management platform, raised $7 million in Seed financing led by Madrona and Insight Partners.
Founded in 2022 by Amir Alush and Danny Bickson, Visual Layer says the company is building “the most powerful visual data management platform” that enables companies to manage and curate massive image and video datasets with “unparalleled speed and quality.” Based on the popular open-source project fastdup, Visual Layer leverages its proprietary graph engine to automatically detect data quality issues like corrupted images, wrong labels, and outliers, and suggest correction steps to ensure high-quality datasets.
“Companies and organizations across the globe are experiencing the explosion of data, and visual data is one of the most complex and challenging data types to manage,” said Danny Bickson, co-founder and CEO. “Understanding, curating, and managing this content is crucially important to build meaningful services for customers in a broad set of industries – from retail to manufacturing to self-driving cars and more. Companies are struggling with those huge amounts of data, they often have no clue where their data is and what is inside it. They develop their homegrown tools since there is no infrastructure and no common standards.”
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Founded by Yoni Shtein and Yael Adam, Laguna Health is a recovery assurance company that leverages digital care and behavioral therapists to reduce readmissions and shorten recovery time. The company declares that it can guarantee successful post-hospitalization recovery by combining data, digital care tools, and proven behavioral health interventions to radically reduce negative outcomes. From employers to health plans to health systems, the entire health care ecosystem now has the ability to ensure every patient recovers with confidence.
Laguna Health boasts that its recovery platform is the first to fuse data, digital care tools, and proven behavioral health interventions to radically reduce negative outcomes. These include lost productivity, mental health issues, substance use disorder or misuse, and the $80 billion or more which the firm says is spent annually on readmissions. With Laguna, it declares, all the “key stakeholders in the health care ecosystem—including employers, health plans, and health systems—have the ability to ensure every patient recovers with confidence.”
On the new investment, Yoni Shtein, CEO and Co-Founder, Laguna Health, said, “We are thrilled to partner with SemperVirens and HC9 Ventures to further the growth of Laguna Health. Their leadership, experience and relationships will help drive accelerated employer and health plan adoption – giving Laguna the potential to make a difference in millions of members’ lives.”
