AI Clinician Assistant Freed Secures $30M Series A to Revolutionize Medical Documentation

Freed, an Israeli startup offering an AI-powered clinician assistant designed to streamline medical documentation and reduce administrative burdens, has raised $30 million in a Series A funding round. Led by Sequoia Capital. This latest investment brings Freed’s total funding to $34 million, solidifying its position as one of the fastest-growing health-tech startups in the U.S. With its advanced AI capabilities, Freed aims to enhance efficiency for healthcare professionals, allowing them to focus more on patient care while minimizing paperwork.

The U.S. healthcare system is at a breaking point. Excessive documentation, consuming 19 hours of clinicians’ time weekly, has led to a staggering 50% physician burnout rate and threatens to drive away a third of primary care providers. With a projected 86,000 physician shortage by 2036, the need for intervention is critical. Freed’s AI-powered solution directly addresses this crisis. By automating notetaking, their AI scribe saves clinicians 2 hours each day, resulting in over 2.5 million hours reclaimed since 2023.

Widespread early adoption has fueled Freed’s meteoric growth. Since launching in 2023, Freed has expanded its user base to more than 17,000 paying customers across 96 specialties. Driven by its direct-to-clinician model, which bypasses the often slow procurement cycles of traditional hospital systems, Freed is seeing 4x YoY ARR growth at scale—reflecting a growth rate more typical of consumer SaaS companies like Slack and Zoom. After gaining popularity primarily among individual and small practices, the company is now seeing increasing demand from larger enterprises and group practices, whose clinicians are also in need of a solution that relieves them of administrative burden.

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Alongside the funding announcement, Freed is unveiling new AI-powered and other advanced features that extend its capabilities beyond note writing, accelerating its evolution into a comprehensive AI clinician assistant. These include:

Specialty-Specific Notes: Notes are tailored and optimized for different clinical specialties.
Custom Template Builder: Personalized documentation that adapts to each clinician’s preferences.
Pre-Charting: AI-generated patient summaries and follow-ups to prepare clinicians before patient visits.

EHR Integration via Browser Extension: Seamlessly integrates Freed’s AI assistant into existing clinical workflows.

“Freed was built as a love letter to clinicians—starting with my wife, a family physician,” said Erez Druk, Freed’s Co-Founder and CEO. “My wife and her fellow clinicians dedicate their careers to caring for others, and they deserve to have a company that dedicates itself to caring for them. They deserve to live balanced lives that allow them to recharge.“