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Arine Raises $30M to Redefine Medication Management with AI

  • Arine raises $30M in Series C funding led by Town Hall Ventures and Kaiser Permanente Ventures, bringing total funding to $66M.
  • The funding will help Arine redefine medication management in healthcare to address financial and regulatory challenges.
  • Medications are crucial for improving outcomes and controlling costs in healthcare, and Arine's AI platform aims to deliver personalized and cost-effective medication therapy.
  • Arine's AI platform identifies individuals for intervention, recommends effective therapies, and measures impact, resulting in over 10% cost savings and 40% reduction in hospitalizations for clients.
  • The company has achieved over 100% growth in the last year with an 80% average contract expansion with existing clients.
  • Arine plans to expand its specialty pharmacy management capabilities, automate tasks through AI innovation, and personalize medication therapy further with comprehensive data integration.

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