Nexmedis, Indonesian healthtech startup, secures new funding

Nexmedis, an Indonesian healthtech startup, has secured an undisclosed amount of funding co-led by East Ventures and Forge Ventures. This investment will help Nexmedis expand its AI-driven healthcare solutions, enhancing clinical services and operational efficiency across Indonesia. The startup’s AI-powered Health Information System (HIS) is designed to streamline healthcare operations, improve clinical outcomes, and make healthcare services more accessible. Nexmedis aims to address Indonesia’s healthcare challenges with innovative AI tools, such as a Clinical Decision Support (CDS) system and an AI transcription tool. Founded in 2023, Nexmedis has already gained traction, serving over 400 healthcare facilities. With the new funding, the company plans to scale its operations, developing more tailored AI solutions for Indonesia’s healthcare system.

Overview to Nexmedis and its Mission

Nexmedis, founded in 2023, is an Indonesian healthtech startup that integrates AI into healthcare systems. The company’s primary focus is to streamline healthcare services, enhance clinical decision making, and improve operational efficiency across hospitals. Nexmedis developed an AI-powered Health Information System (HIS) that optimizes the healthcare provider-patient journey. This system includes tools like the Clinical Decision Support (CDS) tool and an AI-powered transcription tool. With the recent funding from East Ventures and Forge Ventures, Nexmedis aims to expand its operations across Indonesia. The goal is to address Indonesia’s healthcare challenges by improving data management and reducing administrative burdens. With the increasing need for advanced healthcare solutions in Indonesia, Nexmedis is poised to play a pivotal role in the country’s digital health transformation.

The Founders and Their Vision for Nexmedis

The founders of Nexmedis are Yehuda Dani Utomo, Matilda Narulita, and Dr. Almer Deta Tarandha. Their diverse backgrounds in computer science, management consulting, and medicine enable them to create innovative solutions for healthcare. Yehuda Dani Utomo, the CEO, emphasized the need for AI to bridge healthcare gaps in Indonesia. Together, the founders are committed to using AI to solve real world challenges in Indonesia’s healthcare system. They saw a unique opportunity to integrate technology with medical services, enhancing patient care while streamlining hospital operations. Their vision for Nexmedis includes making healthcare more accessible, efficient, and affordable for all Indonesians. With the support of East Ventures and Forge Ventures, they aim to scale their vision into a nationwide transformation of the healthcare sector.

The Funding Journey: Co-led by East Ventures and Forge Ventures

Nexmedis recently secured funding through a round co-led by East Ventures and Forge Ventures. Although the exact amount remains undisclosed, the funding will be crucial in expanding the company’s operations and enhancing its AI-driven solutions. Yehuda Dani Utomo, the CEO, believes this investment will act as a game changer. With this capital, Nexmedis plans to extend its healthcare services to more hospitals and facilities across Indonesia. This funding is particularly significant as it will allow Nexmedis to develop more tailored AI solutions to meet local healthcare needs. East Ventures and Forge Ventures are both known for supporting startups that address systemic challenges, especially in technology driven sectors like healthtech. Their investment in Nexmedis reflects a growing belief in the potential of AI to revolutionize healthcare in Indonesia.

The Core Offerings: AI-Powered Healthcare Solutions

Nexmedis offers several AI-powered solutions that aim to transform healthcare in Indonesia. One of the core features is the Clinical Decision Support (CDS) tool, which provides healthcare professionals with diagnostic recommendations based on the International Classification of Diseases (ICD-10) codes. This tool helps doctors make better informed treatment decisions. Another key offering is an AI-powered transcription tool that converts voice notes from doctor-patient conversations into structured digital records. This tool reduces the administrative burden and enables healthcare providers to focus more on patient care. By using these AI tools, Nexmedis improves operational efficiency, making healthcare services more streamlined and accurate. The company also helps healthcare providers manage insurance claims more effectively, ensuring smoother interactions with Indonesia’s Social Security Agency on Health (BPJS) and private insurers.

Overcoming Indonesia’s Healthcare Challenges

Indonesia’s healthcare system faces numerous challenges, including inefficiencies in administrative processes and a lack of access to advanced medical resources in remote areas. Nexmedis addresses these issues by introducing AI-driven solutions that help streamline hospital operations and improve patient outcomes. The company’s AI-powered tools help reduce administrative tasks, ensuring healthcare professionals can dedicate more time to patient care. Additionally, the solutions enable better data management, making it easier to provide accurate diagnoses and treatment plans. In remote areas, where healthcare services can be limited, Nexmedi’s platform ensures that healthcare professionals can still access the best tools to aid in diagnosis and treatment. The company’s innovative approach helps bridge the accessibility gap, bringing more efficient and advanced healthcare to the entire country.

A Look into Nexmedis’ Future Growth

Nexmedis has already made significant progress, serving over 400 healthcare facilities since its founding in 2023. The company’s AI-powered diagnostic tools have been recognized by the Ministry of Health through its Regulatory Sandbox program. This recognition highlights the credibility of Nexmedis’ technology and its potential to reshape Indonesia’s healthcare sector. With the backing of East Ventures and Forge Ventures, Nexmedis is set to expand rapidly. The company plans to further develop its AI solutions to address specific healthcare challenges in Indonesia. Nexmedis will continue to collaborate with key institutions, such as Gadjah Mada University and the Ministry of Communications and Information Technology, to drive innovation and research in healthcare technology. The future of Nexmedis looks promising as the company works to revolutionize Indonesia’s healthcare system.

Learning for Startups and Entrepreneurs

Startups can learn valuable lessons from Nexmedis’ journey, particularly in leveraging technology to address societal challenges. Entrepreneurs should look for real-world problems and apply innovative solutions to create meaningful impact. Collaboration with investors and institutions is crucial for scaling a business and gaining the necessary resources. In the healthtech space, startups can focus on integrating AI and other technologies to improve healthcare delivery and efficiency. Nexmedis demonstrates how combining different areas of expertise such as technology and medicine can create effective solutions. For entrepreneurs, building strong partnerships and focusing on innovation are essential elements of success. Additionally, solving pressing issues, such as inefficiencies in healthcare, presents opportunities for long growth and social impact.

About The Startups News

At The Startups News, we are dedicated to providing the latest insights into the startup ecosystem. Our platform offers detailed coverage of startup growth, funding and entrepreneurial trends. As a resource hub for entrepreneurs, we provide news on venture funding, innovation and successful startup stories. Whether you are looking for updates on tech innovations, business strategies, or investment opportunities, we ensure our content is insightful and actionable. By offering up to date news and analysis, we help entrepreneurs make informed decisions and stay ahead in their respective industries. At The Startups News, we believe that providing the right information can fuel the growth of startups and empower entrepreneurs to succeed.

Related news

Flipkart Ventures invests in five innovative startups

D2C Startup The Whole Truth Raises $15M for Expansion

Onetab.ai Secures $3.3M in Funding Led by LIT Fund