/  January 25, 2017

UW Tacoma spinoff KenSci raises $8.5M for its machine learning healthcare platform

Today marks an important milestone for UW Tacoma spinoff, KenSci, a healthcare data and machine learning platform. The company announced today that it has raised $8.5M in a Series A funding led by Ignition Partners with participation from Osage University Partners and Mindset Ventures. The funding will accelerate innovation for KenSci’s machine learning platform and expand operations to support the company’s rapidly growing customer base.

KenSci’s healthcare data platform and machine learning-powered applications are built collaboratively with practicing physicians, data scientists, machine learning developers and computing and biomedical researchers. KenSci is uniquely engineered to predict clinical risk, financial risk and operational risk, enabling health systems to transition to value-based care.

Incubated at the University of Washington Tacoma, KenSci was spun out in 2015 after more than four years of research and industry-academic collaboration. This predictive risk management platform for healthcare is the brainchild of two childhood friends, Professor Ankur Teredesai, who heads the University of Washington Center for Data Science at UW Tacoma, and longtime Microsoft executive Samir Manjure.

UW CoMotion partnered with KenSci to help them through their development and licensing, including a grant awarded from the CoMotion Innovation Fund. In addition, UW CoMotion helped introduce KenSci to one of their funders, Osage University Partners, and worked with them to meet their streamlined timeline.

For more information, visit www.kensci.com

See related press coverage from The Seattle Times, Geekwire, and Xconomy.