Northwell VC backs AI emotion-detecting company in $12.7M round

Northwell Holdings, the venture capital arm of New Hyde Park, NY, Northwell Health, is once again backing Hume AI, a startup focused on AI-assisted emotion detection, in a $12.7 million company funding round.

Its potential applications include telemedicine diagnostics, patient monitoring, and digital therapy. The company also has partnerships with Mount Sinai Health System in New York, Boston Medical Center and Harvard Medical School in Boston. In September, Northwell Holdings also invested $3 million in the startup.

“In fact, the most impressive component is that Hume’s models have been trained to analyze emotions across a wide variety of age and demographic groups, which can help eliminate bias as well as misinterpretation,” said Richard Mulrey, president and CEO of Northwell Holdings. LinkedIn post on January 27th. “This is important because Northwell Health has a very rich and diverse patient base.”

Union Square Ventures led a Series A funding round that also included Comcast Ventures, LG Technology Ventures and Pinterest co-founder Evan Sharp.