Huma Raises $80 Million to Expand its Digital Healthcare Apps Platform

Digital healthcare company Huma has announced it has raised $80 million in Series D funding, bringing its total funding to over $300 million. The company, founded in 2011 and headquartered in London, is also unveiling a new platform service that will enable other businesses to develop digital healthcare applications using its technology.

Huma has been developing apps for hospitals, clinics, and other healthcare providers for over a decade.

The company's apps enable healthcare professionals to generate valuable insights from patient data.

Huma's technology has been used in over 3,000 hospitals and clinics, leveraging data from over 35 million individuals in over 70 countries.

Huma's New Cloud Platform: Enabling the Development of Digital Healthcare Apps

Huma's new "Huma Cloud Platform" aims to revolutionize the development of digital health projects by enabling third-party developers to build their own apps using Huma's technology and regulatory clearance.

The platform is designed to reduce the time it takes to develop and launch digital health projects from years to a few days.

Huma's platform provides developers with pre-built components and regulatory approvals, streamlining the development process.

The company aims to make its platform accessible to a wide range of developers, including those in the pharmaceutical industry.

Huma's Business Model: Beyond In-House App Development

Huma's decision to open up its platform represents a shift in its business model. While the company will continue to develop its own apps, it expects revenues generated from third-party developers to significantly exceed those from in-house projects.

Huma's cloud platform leverages low-code and no-code technologies, along with AI tools, to automate development tasks.

The company has partnered with Google to develop AI models that enable apps to support a larger number of patients.

Huma aims to have 50 to 100 apps developed on its platform within a short timeframe, all with the goal of improving healthcare outcomes.

Investors Embrace Huma's Vision for the Future of Digital Healthcare

Huma's Series D funding round was supported by a mix of new and existing investors, including AstraZeneca, Hat Technology Fund 4 by HAT SGR, HV Fund by Hitachi Ventures, and Leaps by Bayer.

Investors are enthusiastic about the potential of Huma's cloud platform to transform the digital healthcare landscape.

The platform is expected to enable pharmaceutical companies to develop and deploy digital solutions more efficiently and effectively.

Huma's platform is poised to accelerate the development and adoption of digital health apps, leading to improved patient care and outcomes.

The Importance of Digital Healthcare Apps in Modern Medicine

The demand for digital healthcare apps is increasing rapidly, driven by factors such as the growing adoption of smartphones and the increasing need for personalized and accessible healthcare solutions.

Digital healthcare apps offer patients convenient access to healthcare information, resources, and services.

These apps can support patients in managing chronic conditions, accessing remote consultations, and tracking their health data.

The development of secure and effective digital healthcare apps is crucial to advancing the future of healthcare.

Huma's Commitment to Transforming Healthcare Through its Apps Platform

Huma's new cloud platform is a testament to the company's commitment to driving innovation in the digital healthcare space. By empowering other businesses to develop their own apps, Huma aims to accelerate the development and adoption of digital health solutions, ultimately improving healthcare outcomes for millions of people around the world.

Huma's platform has the potential to democratize access to digital health technologies, making them available to a wider range of stakeholders.

The company's focus on building a robust and scalable platform is crucial for supporting the growth of the digital health ecosystem.