It was 2023. ChatGPT had been released less than five months earlier. Justin Norden was sitting around a table with a dozen health care leaders at the annual HIMSS health information conference hearing a common complaint: an influx of third-party artificial intelligence tools made technology leaders at health systems feel like they weren’t in control anymore.
Their health systems had purchased AI solutions from other companies, outsourcing their say over their technology roadmap. As they expressed a desire to instead build solutions with a partner, Norden had to suppress the urge to start another company. Less than two years earlier, he’d sold his company Trustworthy AI to autonomous driving company Waymo.
Norden, a computer scientist and Stanford-trained physician, couldn’t fight the urge. Today, his company Qualified Health is announcing a $125 million Series B funding round, led by New Enterprise Associates with participation from Menlo Ventures’ Anthology Fund, which was created in partnership with AI company Anthropic, as well as Flare Capital Partners, Frist Cressey Ventures, and others. So far, the company has raised $155 million.
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