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Founded Year

2017

Stage

Series C | Alive

Total Raised

$95M

Last Raised

$55M | 2 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+20 points in the past 30 days

About Suki

Suki is a voice-based digital assistant for doctors that lifts the burden of documentation, enabling them to focus on treating patients.

Headquarters Location

1823 El Camino Real

Redwood City, California, 94063,

United States

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Suki's Product Videos

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ESPs containing Suki

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare & Life Sciences / Care Delivery & Navigation Tech

The virtual medical scribes & summarization tools market is an emerging field that focuses on using technology to assist healthcare providers with medical documentation and administrative tasks. This market offers a range of solutions which use artificial intelligence and natural language processing to transcribe patient encounters, generate visit summaries, and facilitate communication between he…

Suki named as Leader among 8 other companies, including Speechmatics, Abridge, and Regard.

Suki's Products & Differentiators

    Suki Assistant

    The only AI voice assistant for healthcare

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Expert Collections containing Suki

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Suki is included in 4 Expert Collections, including Artificial Intelligence.

A

Artificial Intelligence

11,324 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

D

Digital Health 150

150 items

The most promising digital health startups transforming the healthcare industry

C

Conference Exhibitors

5,302 items

D

Digital Health

10,563 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

Suki Patents

Suki has filed 33 patents.

The 3 most popular patent topics include:

  • Computational linguistics
  • Speech recognition
  • Audio codecs
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/1/2022

8/22/2023

Grant

Application Date

12/1/2022

Grant Date

8/22/2023

Title

Related Topics

Status

Grant

Latest Suki News

Frost & Sullivan Recognizes Suki AI with the 2023 North American Technology Leadership Award

Sep 12, 2023

Frost & Sullivan Recognizes Suki AI with the 2023 North American Technology Leadership Award Frost & Sullivan Share: Suki's innovative AI Assistant brings the power of Generative AI to health systems and delivers strong ROI SAN ANTONIO, Sept. 12, 2023 /PRNewswire/ -- Frost & Sullivan  recently researched the healthcare voice assistant industry and, based on its findings, recognizes Suki AI  with the 2023 North American Technology Innovation Leadership Award. Suki is a leading technology company that provides superior artificial intelligence (AI) based voice solutions for the healthcare sector. Suki Assistant supports clinicians in performing administrative tasks faster and more efficiently thus reducing their workload, giving them more time for patient care or personal interests. Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables. The company's flagship product, Suki Assistant, is a cutting-edge AI-based healthcare voice assistant that leverages automatic speech recognizers (ASRs), machine learning (ML), and large language models to generate notes by listening to conversations ambiently or following commands. By employing Suki Assistant, clinicians can seamlessly and automatically generate notes from a patient-clinician conversation, optimizing their time and significantly reducing the likelihood of burnout from excessive administrative workload. Suki Assistant also tackles other administrative tasks such as retrieving real time patient information, such as lab results, from the electronic health record (EHR) and diagnosis coding by voice, streamlining these time-consuming tasks. Suki provides deep bilateral integration with commonly used EHRs, so notes can be started in the EHR and completed in Suki or vice versa and finished notes are synced back to the system of record, updating the relevant fields. Used by clinicians nationwide, Suki's solutions recognize the medical intent behind conversations in clinical settings and delivers thoughtful, accurate clinical notes across diverse medical specialties, such as cardiology, neurology, pediatrics, and anesthesiology. Suki reduces documentation time by 72% on average and has been demonstrated to help users increase encounter volumes by 5%, generating an estimated $21,600 in incremental annual revenue per user. As a cost-effective offering, Suki delivers positive ROI in less than a year. Suki Assistant only requires an internet connection and operates on both desktop and mobile devices. Additionally, the solution is exceptionally intuitive, and users can become proficient in its use with only 45 minutes of virtual training. "Human communication primarily relies on voice, which is instinctive, innate, and universally understood. The advancement of conversational AI and NLP [natural language processing] is revolutionizing how humans interact with machines, significantly simplifying the acquisition, comprehension, utilization, and storage of health information," said Swati Mishra, Best Practices research analyst at Frost & Sullivan. Suki Assistant also adapts to the unique speaking styles of individual clinicians. This customization makes it an essential time-saving tool in a highly overworked industry. Now, Suki Assistant does the heavy lifting of note generation. Clinicians only have to review the notes, make any necessary edits then submit them to the EHR when they are done. "Suki Assistant has received positive user reviews for its ability to understand medical context, adapt to clinicians' preferences, and integrate with existing EHR systems. The solution's potential to enhance workflow efficiency, increase productivity, and improve the quality of patient care has made it a promising tool in the healthcare technology landscape," noted Mishra. "With its strong overall performance, Suki AI earns Frost & Sullivan's 2023 North American Technology Innovation Leadership Award in the healthcare voice assistant industry." Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry. About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion . Contact: About Suki AI Suki is a leading technology company that provides AI-powered voice solutions for healthcare. Its mission is to reimagine the healthcare tech stack, making it invisible and assistive to lift the administrative burden from clinicians. Its flagship product is Suki Assistant, an AI-powered voice assistant that helps clinicians complete documentation and other administrative tasks 72% faster on average. Suki also offers its proprietary voice platform, Suki Speech Platform (SSP), to partners who want to create a best-in-class voice experience for their solutions. SSP uses the latest in natural language processing and machine learning to provide industry-leading accuracy and natural and fast voice experience. Suki is backed by investors including Venrock, First Round, Flare Capital Partners, March Capital, and Breyer Capital. To learn more, visit suki.ai , or follow us on LinkedIn  and Twitter . Contact:

Suki Frequently Asked Questions (FAQ)

  • When was Suki founded?

    Suki was founded in 2017.

  • Where is Suki's headquarters?

    Suki's headquarters is located at 1823 El Camino Real, Redwood City.

  • What is Suki's latest funding round?

    Suki's latest funding round is Series C.

  • How much did Suki raise?

    Suki raised a total of $95M.

  • Who are the investors of Suki?

    Investors of Suki include Venrock, Breyer Capital, Flare Capital Partners, Andrew Deutsch, Gaingels and 12 more.

  • Who are Suki's competitors?

    Competitors of Suki include Abridge, FONI, Tali AI, Valhalla Healthcare, Abstractive Health, Nuance Communications, Ada Health, DeepScribe, Martixa, Saykara and 15 more.

  • What products does Suki offer?

    Suki's products include Suki Assistant and 1 more.

  • Who are Suki's customers?

    Customers of Suki include Dr. Charles Miller.

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

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