HEIDI RAISES $340M IN SERIES C AT $900M VALUATION

Heidi develops AI software that automates clinical documentation and administrative tasks for healthcare providers. The platform helps doctors reduce time spent on paperwork, freeing capacity for patient care. The Series C round reflects growing investor appetite for healthcare automation tools. Blackbird's participation signals confidence from a major Australian venture firm in the startup's technology and market opportunity. Heidi joins a growing cohort of AI companies targeting healthcare workflows. The sector has attracted significant capital as providers grapple with administrative burden and labor shortages. The funding will likely support Heidi's product development and expansion into new markets. Healthcare systems globally face pressure to improve efficiency, creating demand for AI-driven documentation solutions. Heidi's $900 million valuation positions it among Australia's most valuable private startups, demonstrating the country's emerging strength in health tech innovation.