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Sydney-based Medius Health offers an AI platform for health risk assessment and underwriting used by insurers and providers.
Founded in 2017 and based in Sydney, Australia, Medius Health Pty Ltd. was founded by Abhi Bhatia, who serves as CEO. Its platform uses machine learning and a medical knowledge graph to predict health risk, with products such as the UW Studio underwriting platform and pre-built AI model APIs. Clients are mainly health insurance carriers, re-insurers and healthcare providers in North America, Europe and Asia, and they pay subscription fees. The company raised USD 1.2 mn in Seed funding from Carthona Capital in August 2017.
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