Noteless gains €3.5M to free doctors from administrative burden
Oslo-based AI company Noteless has secured €3.5 million in seed funding to streamline medical documentation processes. This investment, led by Redstone with continued support from Futurum Ventures and Farvatn Venture, highlights the growing focus on leveraging AI to alleviate administrative burdens in healthcare. The goal is to provide more time for clinicians to focus on patient care and professional development. Noteless' AI-powered tool automatically generates medical notes in real-time during consultations, utilizing advanced speech recognition and natural language processing. The company, founded in October 2023, launched its first product in June 2024 and has already seen its paying customer base increase by over 360 percent this year. The platform is currently used by over one in four general practitioners in Norway and one in seven in Denmark. This technology directly impacts clinicians by saving them up to two hours per day, according to CEO William Vossgård. It is also expanding beyond general practice, with specialists, physiotherapists, and psychologists adopting the platform. This funding will allow Noteless to expand its reach and impact across Europe, offering a potential solution to reduce clinician burnout and improve patient care through better resource allocation.
Curated and translated by Europe Digital for our multilingual European audience.
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