Beekeeper AI, a startup developing secure data collaboration solutions for the healthcare industry, has raised USD 12.1 million in a Series A funding round led by Sante Ventures, with participation from Icahn School of Medicine at Mount Sinai, AIX Ventures, and several others.
The firm plans to use the proceeds to develop EscrowAI, its HIPAA-compliant privacy-preserving collaboration platform, and expand operations.
Beekeeper AI specializes in facilitating the development and deployment of AI for healthcare. Its EscrowAI solution allows collaborating organizations to bring together encrypted real-world data and AI models in secure enclaves, where they are unencrypted for processing, protecting both personally identifiable information (PII) and the intellectual property of the model.
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