Heru is developing vision augmentation software that is designed to correct the user’s vision effects in real time using AI. “And as we speak it is being used in commercial pilots on the East and West Coasts of the U.S.” “It is available for physicians to use inside Bascom Palmer Eye Institute, and in the last year we have shown 10x adoption,” the CEO said in an interview with Refresh Miami. The new funding will advance the development of the company’s initial application, Heru RE, an eye diagnostic and vision correction technology platform. We developed a technology that helps patients live a better life and a technology that democratizes vision care.” And this is what really inspired us to do this. 1 eye hospital and we see 300,000 patients a year, and we know the gaps in vision care. Mohamed Abou Shousha, founder and CEO of Heru (pictured above). Heru was founded in 2018 but the technology has been in the making for about 10 years now, said Dr. “Heru technology is designed to reduce the burden on the practitioner, increase billing opportunities and expand the point of care beyond the traditional eye care practice.” “This technology has the ability to fundamentally transform eye care,” said James Rogers of D1 Capital Partners. The Series A follows a $2.7 million seed round in December 2020, and the $30 million in new funding joins a number of recent venture deals in the healthtech, medical device and biotech sector, which has been the most active in South Florida as measured by venture capital dollars and number of deals the past three years. Moll, Miami-based Krillion Ventures, and other investors with extensive experience developing, launching and scaling cutting-edge medical technologies.
The funding round was led by global investment firm D1 Capital Partners with participation from SoftBank’s Opportunity Fund, Miami serial medtech entrepreneur and Insightec CEO Maurice R. Today, the company announced it has closed Series A financing of $30 million to accelerate development and commercialization. Heru is a medtech spinout from the University of Miami’s renowned Bascom Palmer Eye Institute, and it is building a next-generation cloud-based AI-powered platform for eye diagnostic and vision correction. They form the foundation of a fast-growing South Florida healthcare startup sector that has been leading the region in drawing venture capital. The Miami metro area continues to spin out promising medical technology startups incubated in its premier healthcare institutions. Facebook Tweet Pin LinkedIn Email Investors in Heru’s funding round include D1 Capital Partners, SoftBank’s Opportunity Fund, Krillion Ventures and Maurice Ferre
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