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AssistIQ

Series A

AssistIQ provides an AI-powered computer vision system for surgical supply and implant management that captures every supply and implant in real time, eliminating manual entry and enabling healthcare systems to bill with confidence. The system uses computer vision to instantly recognize implants, tissue, and supplies as they are used, automatically updating inventory and charge data without manual workflows.…

High Tech · Computer Vision, · Montreal, Canada · EST 2022

About

AssistIQ provides an AI-powered computer vision system for surgical supply and implant management that captures every supply and implant in real time, eliminating manual entry and enabling healthcare systems to bill with confidence. The system uses computer vision to instantly recognize implants, tissue, and supplies as they are used, automatically updating inventory and charge data without manual workflows. AssistIQ integrates natively with electronic health records (EHRs) and enterprise resource planning (ERP) systems, with real-time integration for EHRs and same-day synchronization for ERPs, maintaining HIPAA, SOC 2 Type II, and HL7 V2 compliance. The platform delivers measurable results including 80% increase in billable product revenue through 2-3x more products captured and charged, 48% reduction in cost from expiry through better data preventing waste, and 15+ minutes repurposed per case with recognition in under one second. Trusted by leading health systems including Allina Health, Owensboro Health, Northwell Health, and ProMedica (which achieved 28% net revenue lift), AssistIQ addresses the OR data problem at the point of capture. Founded in 2022 and headquartered in Montreal, Canada, the company has raised $13.3M in Series A funding from investors including StandUp Ventures, The Kale Fund, N49P, Battery Ventures, and Tamarind Hill.

Business model

AI Infrastructure > Computer Vision > Computer Vision Platform

Institutional investors

StandUp VenturesThe Kale FundN49PBattery VenturesTamarind HillKerry Liu

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