Briya, a blockchain powered healthcare data exchange network, raises $5.5 million in a seed funding round led by Amiti Ventures with participation from global software investor Insight Partners and Innocare Health Investments.
Briya is a cutting-edge data exchange network for healthcare industry. According to the comapny, it is the most secure in the business offering unparalleled patient privacy protection. it’s also the most inexpensive, 10x faster, and FHIR standardised. Briya is driven by the belief that having access to high-quality data leads to a more healthy, inclusive, and prosperous society.
Noted for its groundbreaking decentralized architecture, Briya’s platform offers easy, continuous access to one of the most secure and compliant data exchange networks in the healthcare industry.
Its blockchain design allows pharmaceutical companies, researchers, and life sciences institutions to engage with data in a way that provides bulletproof compliance with HIPAA, GDPR, and DUA Contracts.
In addition, the solution is fast and simple to use, providing FHIR standardization and granting data access 10 times faster than any other solution on the market.
Liad Agmon, Managing Director at Insight Partners, said:
“Briya is an exceptional company that can make a real difference in the way researchers use data to make thousands of previously unimaginable new treatments possible. A secured, standardized data exchange network will help achieve equity for all patients, and Briya provides that and more.”
Briya’s secured data exchange technology can fulfill a critical need in the industry.
Fabio Lievano, AbbVie VP Safety Science and a Briya Advisor, pointed out that the “existing healthcare data infrastructure is siloed, inefficient, and ineffective”. “Researchers and healthcare organizations are being presented data in a vacuum, making it difficult to provide the patient with the most accurate treatment. Briya connects the data to immediately display a complete picture of the patient’s comprehensive history,” Fabio said.
The company has offices in Tel Aviv, Nashville, and New York, and is currently seeking collaborations with premier research groups and healthcare systems in the United States to enhance its expansion.
This investment demonstrates Briya’s capacity to deploy technologies that will substantially cut time-to-medicine and improve patient care at every stage.
“Briya’s founders, David Lazerson and Guy Tish, have assembled the right team for their mission to enable researchers and hospitals to more effectively collaborate in treating and potentially curing so many diseases,” said Ben Rabinowitz, Founder and Managing partner at Amiti Ventures.
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