News Summary

UK-based in-home healthcare provider Cera has successfully raised $150 million in a mixture of debt and equity funding to expand its AI-driven platform. This funding round, led by BDT & MSD Partners and Schroders Capital, aims to scale Cera’s AI platform, which leverages proprietary data to reduce hospitalizations and patient falls. Cera, the largest non-NHS healthcare provider in the UK, covers approximately 30 million people and works with over 150 local governments. The company claims its AI technology can predict over 80% of falls a week before they occur and reduce hospitalizations by up to 70%, significantly easing the pressure on the NHS. Cera’s platform has reportedly saved the UK healthcare system £1 million daily, making it a pivotal player in the HealthTech sector.