Seattle-based tech company AdaptX has secured an additional $10 million in funding to support its expansion and enhance its AI-driven healthcare data analysis technology. AdaptX's self-serve tools enable healthcare professionals to analyze electronic medical records to identify patterns and trends, potentially leading to improved patient care and greater efficiency in healthcare delivery. The company, originally known as MDMetrix, was founded in 2016 by Dr. Dan Low, a pediatric anesthesiologist, and has grown to over 40 employees.

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AdaptX's technology has garnered attention for its ability to help healthcare providers make data-driven decisions and optimize patient care, even in diverse healthcare settings, from large academic institutions to rural communities.

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Despite a challenging economic environment, the fundraising round was oversubscribed, demonstrating strong interest in the company's innovative solutions. Memorial Hermann Health System, a Houston-based healthcare provider with 17 hospitals, is among the institutions utilizing AdaptX's technology, in addition to being an investor in the company. AdaptX's CEO, Warren Ratliff, highlighted the company's significant growth since its previous funding round in July 2021.

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