AI Health Startup Heidi Gets Point72 Funds at $465 Million Value

Heidi, a startup that uses artificial intelligence to automate administrative work for doctors, has raised $65 million in a new funding round led by billionaire Steve Cohen’s Point72 Private Investments.

The Series B round values the Australian startup at $465 million, about six times the price tag it secured via a previous financing, the company said. Existing investors including Blackbird Ventures and Headline also participated in the deal.