Sword Health Secures $130M, Unveils AI Care Specialist “Phoenix”

Sword Health Secures $130M, Unveils AI Care Specialist "Phoenix"

What You Should Know: 

Sword Health, a pioneer in AI-powered healthcare delivery, announced a $130M financing round today bringing Sword’s total funding to $340M and propelling the company’s valuation to a staggering $3B– a 50% increase since its Series D round.

– This funding round, coupled with Sword’s near-tripled revenue growth in the past year, unlocks exciting possibilities for the future. The company plans to leverage these resources to revolutionize healthcare delivery and expand AI Care into new 

Introducing Phoenix: The AI Care Specialist

This funding fuels Sword’s mission of democratizing access to high-quality care. Alongside the funding announcement, Sword unveiled Phoenix, its groundbreaking AI Care Specialist. Designed to act as a virtual extension of a clinician, Phoenix personalizes the care experience for patients by:

  • Engaging in natural conversation: Phoenix fosters a dialogue with patients throughout their sessions, assessing their well-being, suggesting adjustments, and offering encouragement.
  • Providing real-time feedback: As patients progress through their program, Phoenix monitors their movements and incorporates verbal feedback to optimize each session within the clinician’s parameters.
  • Generating clinical analysis: After each session, Phoenix summarizes patient data, highlighting trends and actionable insights for human clinicians, enabling them to refine treatment plans.

Addressing a Global Healthcare Gap

With billions worldwide lacking access to quality care, Sword focuses on musculoskeletal issues, pelvic health, and mental health. The company has delivered over 3 million AI-powered care sessions and boasts over 10,000 employer clients across three continents.

Availability and Future Plans

Phoenix will be progressively rolled out throughout 2024, further solidifying Sword Health’s position as a leader in accessible, AI-powered healthcare solutions.