One thing that became abundantly clear during the pandemic is that staffing issues can become a big deal when there is an influx of patients. But Diligent Robotics is providing a solution for that problem. The companys robots are focused on supporting and empowering healthcare teams, allowing them to focus on the patients instead of other, less valuable, tasks. Read more about the company and this recent funding round below.
Led by Tiger Global, funding will accelerate product development to meet demand for healthcare service robot and enhance interoperability, integrations and efficiency in healthcare institutions
AUSTIN, Texas, April 11, 2022 /PRNewswire/ Austin-based robotic automation company, Diligent Robotics, today announced that it has closed over $30 million in Series B funding, bringing the total investment raised to date to nearly $50 million. Diligent Robotics develops socially-intelligent service robots and artificial intelligence solutions that enable robots to collaborate within and adapt to human environments.
The flagship product, Moxi, is a robot that performs delivery tasks for frontline healthcare teams. Stress and burnout have been a persistent problem in healthcare for years, creating a shortage of nurses and clinical staff. But over the past two years COVID-19 has accelerated this into a crisis moment, with projections of more than 1 million new nurses needed in the U.S. alone. More and more health systems are looking for automation to provide workforce augmentation at a critical time for this market.
Tiger Global, an investment firm focused on private and public companies in the internet, software, consumer, and financial technology sectors, led the Series B funding round. Diligent also maintains the support of existing investors, including True Ventures, DNX Venture, Ubiquity Ventures, E14 Fund, Next Coast Ventures, Boom Capital, Gaingels as well as additional commitments from new investors including Cedars-Sinai Health Ventures.
We are proud to have the full support of our past investors and welcome our new partners who joined during our Series B raise, said Dr. Andrea Thomaz, co-founder of Diligent Robotics. This new round of funding will help us scale the company to meet the incredible demand for our healthcare service robot. Thanks to the support of our investors and the Diligent team, we are focused on expanding automated support for clinical teams so nurses and clinicians can focus on tasks that matter most, patient care.
Founded in 2017, Diligent Robotics is the leading company in the social robotics space and the first to build a unique robot with social intelligence and mobile manipulation capabilities to help people in their work environments. In 2018, the company debuted Moxi, a collaborative robot assistant that assists clinical staff with routine, not-patient-facing tasks including fetching and delivering supplies, medications, or lab samples. Since launching and integrating into several healthcare systems, Moxi demonstrated improvement in overall clinical flows and gave care team members back valuable time to spend with their patients.
We started implementing Moxi into our clinical workflows in December and planned on going through a trial phase to determine if the technology would be helpful to our staff, said Cody Blankenship, Vice President Performance Improvement at Mary Washington Healthcare. Right away, we could see the impact Moxi made on the efficiency of our staff and how morale immediately increased. We were so impressed with what Moxi took off our teams hands, we chose to add even more robots to our fleet.
In the two years since its Series A funding, Diligent Robotics has achieved several milestones including:
According to a report from Research and Markets, the global smart hospital market is estimated to be at $27.6 billion in 2021 and is expected to reach $82.89 billion by 2026, compounding at 24.6% annually.
Robotic automation technology will be the key to optimizing efficiency and productivity in health care operations, said Connie Lee, Partner, Tiger Global. As a leader in robotic technology, Diligent Robotics has been able to scale to meet demand while developing an impressive product that delivers tremendous value for its customers. We are excited to partner with Diligent Robotics as their positive impact on the healthcare system grows.
The funds raised during this round will help Diligent optimize supply chain and design teams for faster robot deployment. They will continue to enhance interoperability and drive purposeful integrations with existing hospital infrastructure, electronic health records and clinical communications, which will allow them to continue to meet the demands during the persistent nursing shortage. The team at Diligent is excited about the next chapter and how the Series B funding will be able to accelerate their plans.
Diligent Robotics participation in the Cedars-Sinai Accelerator program led to the exploration of our team testing this solution with our clinical teams, said Dr. David Marshall, Chief Nursing Executive at Cedars-Sinai in Los Angeles. Using the robot to relieve front-line health care workers from point-to-point delivery and retrieval tasks has been successful in our original launch. Staff members have told me that gives them more time for direct patient care.
The original article can be found at PR Newswire.
Read the rest here:
- Robotics Academy - December 14th, 2016 [December 14th, 2016]
- KUKA Robotics | KUKA AG - December 14th, 2016 [December 14th, 2016]
- Robotics - The Great Courses - December 22nd, 2016 [December 22nd, 2016]
- Robotics - reddit - January 11th, 2017 [January 11th, 2017]
- Chatham Robotics Goes Undefeated and Moves On to State Championship - TAPinto.net - February 7th, 2017 [February 7th, 2017]
- Meridian robotics team gears up for Idaho FRC Regional - KBOI-TV - February 7th, 2017 [February 7th, 2017]
- Local robotics students headed to World Championship tournament - KOLO - February 7th, 2017 [February 7th, 2017]
- Report: Nearshoring favors robotics, will require heavy capital investment - Supply Chain Dive - February 7th, 2017 [February 7th, 2017]
- Belding hosts largest robotics competition in history of event - Greenville Daily News - February 7th, 2017 [February 7th, 2017]
- First Tech Challenge: High schools battle in robotics competition - The Journal News | LoHud.com - February 7th, 2017 [February 7th, 2017]
- Robotics Team Takes Home Trophy at Lego Competition - Patch.com - February 7th, 2017 [February 7th, 2017]
- OHS robotics club dazzles McKinley students - Southernminn.com - February 7th, 2017 [February 7th, 2017]
- Toyota Industries Acquires Warehouse Robotics Developer - Wall Street Journal - February 7th, 2017 [February 7th, 2017]
- South High wins Volvo's robotics tournament - Herald-Mail Media - February 7th, 2017 [February 7th, 2017]
- Belding hosts robotics competition - Sentinel-Standard - February 7th, 2017 [February 7th, 2017]
- CMS robotics program soars - SW News Media - February 7th, 2017 [February 7th, 2017]
- Update On The Megatrend of Robotics - CTOvision (blog) - February 7th, 2017 [February 7th, 2017]
- 33C3: Edible Soft Robotics - Hackaday - February 7th, 2017 [February 7th, 2017]
- Shopping robots on the march in Ocado - BBC News - February 7th, 2017 [February 7th, 2017]
- Keller students Starstruck on robotics - Fort Worth Star Telegram - February 7th, 2017 [February 7th, 2017]
- Our obsession with robots keeps getting creepier - New York Post - February 7th, 2017 [February 7th, 2017]
- Rethink Robotics makes its workplace bots easier to train and redeploy - TechCrunch - February 7th, 2017 [February 7th, 2017]
- Donation will cover costs for Sequim robotic competition - Peninsula Daily News - February 8th, 2017 [February 8th, 2017]
- Derby Middle School robotics club competes at high school competition - The Derby Informer - February 8th, 2017 [February 8th, 2017]
- Raspberry Pi-powered arm: This kit aims to make robotics simple enough for kids - TechRepublic - February 8th, 2017 [February 8th, 2017]
- WPI Robotics Team Has a Mission with Mars | News | WPI - WPI News - February 8th, 2017 [February 8th, 2017]
- Rehab robotics field promises to return control, mobility to aging population - ScienceBlog.com (blog) - February 8th, 2017 [February 8th, 2017]
- Rethink's Robots Get Massive Software Upgrade, Rodney Brooks So Excited - IEEE Spectrum - February 8th, 2017 [February 8th, 2017]
- Robotics: A robot that flies like a bat : Nature : Nature Research - Nature.com - February 9th, 2017 [February 9th, 2017]
- Robotics teams at CCS stay busy at tournaments - Imperial Republican - February 9th, 2017 [February 9th, 2017]
- Rethink Robotics rethinks its software | ZDNet - ZDNet - February 9th, 2017 [February 9th, 2017]
- Hartland robotics teams take on the FIRST Tech challenge at state competition - LC Sussex Sun - February 9th, 2017 [February 9th, 2017]
- Home-schooled students studying robotics - Valencia County News Bulletin - February 9th, 2017 [February 9th, 2017]
- Agility Robotics Introduces Cassie, a Dynamic and Talented Robot Delivery Ostrich - IEEE Spectrum - February 9th, 2017 [February 9th, 2017]
- Memphis robotics team headed to Super-Regionals - New Baltimore Voice Newspapers - February 10th, 2017 [February 10th, 2017]
- Patriot Robotics Alliance upsets Brentwood Academy Alliances - Clarksville Now - February 10th, 2017 [February 10th, 2017]
- Raptor legs & human hips: Giant leap for walking robots - RT - February 10th, 2017 [February 10th, 2017]
- How drones and robotics may shape the future of conflict under President Trump - PRI - February 10th, 2017 [February 10th, 2017]
- Robotics teams wins at state meet - The Citizen.com - February 10th, 2017 [February 10th, 2017]
- Ford Bets $1B on Startup Founded by Waymo, Uber Vets - ABC News - February 10th, 2017 [February 10th, 2017]
- South Beach robotics squad advances to super regionals - The Daily World - February 11th, 2017 [February 11th, 2017]
- Personal robotics the next technological revolution: Dr Vivian Balakrishnan - Channel NewsAsia - February 11th, 2017 [February 11th, 2017]
- This bipedal robot could deliver your packages one day - The Verge - The Verge - February 11th, 2017 [February 11th, 2017]
- Robotics event offers lesson in teamwork - Lewiston Morning Tribune (subscription) - February 12th, 2017 [February 12th, 2017]
- Essex County Freeholders Honor Livingston Robotics Club Teams - TAPinto.net - February 12th, 2017 [February 12th, 2017]
- College Town: WPI Robotics team aims for $1M NASA prize - Worcester Telegram - February 12th, 2017 [February 12th, 2017]
- Alice Shaw robotics team building invention to save wolves | Local ... - Lompoc Record - February 12th, 2017 [February 12th, 2017]
- Ford invests $1B in robotics startup in driverless car quest - CBS News - February 12th, 2017 [February 12th, 2017]
- Freshman Caldwell team takes first place in Regional Robotics Tournament - Idaho Press-Tribune - February 12th, 2017 [February 12th, 2017]
- What went seriously wrong with Lily Robotics - VentureBeat - February 12th, 2017 [February 12th, 2017]
- Face off: Marion students compete in robotics competition - The Exponent Telegram (press release) (registration) - February 12th, 2017 [February 12th, 2017]
- Robotics Competition slated for Monday - San Angelo Standard Times - February 13th, 2017 [February 13th, 2017]
- Cornerstone Prep robotics team brings home trophy in first year - MDJOnline.com - February 13th, 2017 [February 13th, 2017]
- Center Grove robotics team headed to state competition - Daily Journal - February 13th, 2017 [February 13th, 2017]
- Hundreds piled into a Fort Mill gym. They cheered. They competed. They drove robots. - The Herald - February 13th, 2017 [February 13th, 2017]
- My Turn: Arts education paved the way for girls' robotics win - AZCentral.com - February 13th, 2017 [February 13th, 2017]
- Young Alberta engineers face off in robotics showdown - CBC.ca - February 13th, 2017 [February 13th, 2017]
- Cougar robotics team advances to Super-Regionals - Times Bulletin - Times Bulletin - February 13th, 2017 [February 13th, 2017]
- South Carroll Robotics teams compete at Maryland State Robotics Competition - Carroll County Times - February 13th, 2017 [February 13th, 2017]
- Cave Spring High School's Robotics Club wins in the First Tech ... - Roanoke Times - February 13th, 2017 [February 13th, 2017]
- FIRST Robotics Competition - Wikipedia - February 13th, 2017 [February 13th, 2017]
- Designing robots to look more like ostriches can solve a key problem for our future biped overlords - Quartz - February 14th, 2017 [February 14th, 2017]
- More than 1000 high school students expected to Battlefield HS robotics tournament - PotomacLocal.com - February 14th, 2017 [February 14th, 2017]
- Event to look at Scotland's pivotal role in robotics - The Scotsman - February 14th, 2017 [February 14th, 2017]
- Kennett Coders to compete in NH State Robotics Championships on Saturday - Conway Daily Sun - February 14th, 2017 [February 14th, 2017]
- Are there enough robots? - Robotics Tomorrow (press release) - February 15th, 2017 [February 15th, 2017]
- Girl Scouts of Southern Illinois robotics team makes state tournament - Alton Telegraph - February 15th, 2017 [February 15th, 2017]
- Intuition Robotics raised $6 million for its ElliQ elder care assistant robot - TechCrunch - February 15th, 2017 [February 15th, 2017]
- Richmond robotics team gears up for districts - New Baltimore Voice Newspapers - February 15th, 2017 [February 15th, 2017]
- Microsoft lets you crash drones and robots in its new real world simulator - The Verge - February 15th, 2017 [February 15th, 2017]
- Makeblock's Lego-like 'Neuron' teaches kids robotics and code - Engadget - February 15th, 2017 [February 15th, 2017]
- West Ridge robotics team maneuvers into national championship - Austin American-Statesman - February 15th, 2017 [February 15th, 2017]
- Immokalee High team set for robotics state championships Friday - Naples Daily News - February 16th, 2017 [February 16th, 2017]
- What has Robotics got in store for our future? - RTE.ie - February 16th, 2017 [February 16th, 2017]
- Uber Is Becoming a Robotics Company, CEO Says - Yahoo News - February 16th, 2017 [February 16th, 2017]
- 3Doodler's new kits help kids craft their own robots - Engadget - Engadget - February 16th, 2017 [February 16th, 2017]
- Magnetic Control Could Help Robots Navigate Inside Your Body - IEEE Spectrum - February 16th, 2017 [February 16th, 2017]
- Boston's new hub, MassRobotics, is like a WeWork for robotics startups - TechCrunch - February 16th, 2017 [February 16th, 2017]
- 3Doodler announces a robotics kit, Star Trek and Powerpuff Girls ... - TechCrunch - February 17th, 2017 [February 17th, 2017]
- Chart: Are Robots Replacing High-Cost Workers? - Seeking Alpha - February 17th, 2017 [February 17th, 2017]