Diligent Robotics Raises $25M for Hospital Robot ExpansionDiligent Robotics Raises $25M for Hospital Robot Expansion
The company’s nursing assistant robot, Moxi, augments staff by delivering supplies, equipment and medication in a hospital
September 27, 2023
Diligent Robotics, the creator of health care service robot Moxi, has raised $25 million in a new financing round.
The company said it will use the funds to fuel “system-wide expansions” of its Moxi robot in hospitals across the U.S., as well as triple its market reach and enhance product development.
The round was led by Canaan, with participation from True Ventures, DNX Ventures and Next Coast Ventures as return investors and Northwestern Medicine Innovation joining as a new strategic investor.
"The…demand we've seen for Moxi is a testament to the clear value of using robotic automation to augment and support frontline hospital care teams," said Andrea Thomaz, Diligent Robotics' CEO. "We approach our work with deep empathy for the people who care for patients every day, and it has been incredible to witness the difference Moxi makes in supporting nursing, pharmacy, lab and entire clinical care teams.
“This funding round will enable us to scale fleets and accelerate product development while remaining true to our vision of creating robots that function as core team members and elevate the standards of healthcare through robotics."
Designed to take on some of the more labor-intensive tasks faced by health care workers, Moxi saw particular uptake during the pandemic when health care services and front-line workers were stretched thin.
Now, the company said Moxi is operating in more than 22 health systems representing more than 200 hospitals nationwide, including NorthShore, the University of Texas affiliated network of health systems and Northwestern Medicine.
"With health care staffing needs continuing to exceed the labor available, hospitals must make the best use of their constrained workforces to meet demand,” said Rich Boyle, general partner at Canaan. “Moxi has already been eagerly adopted by many of the nation's top healthcare systems, and the positive impact on productivity, patient outcomes, and team morale is evident."
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