Emerald AI Raises $150.0M Series A

Airway Therapeutics

Created in 2011 as a spin-out of Cincinnati Children's Hospital Medical Center (CCHMC), Airway Therapeutics has extensive expertise in protein development for applications in the lungs and pediatrics. Airway Therapeutics is in advanced preclinical phase of developing AT-100 (rhSP-D), a product targeting bronchopulmonary dysplasia (BPD) in newborns.

Gatik

Gatik is in the business of autonomous freight. We run driverless delivery networks across North America for some of the world’s largest retailers and consumer brands.

Hike Medical

Today, getting a medical device from referral to dispense takes weeks of manual work across disconnected systems. Of the $100B spent on these devices each year, only $20B reaches an actual patient. The rest leaks into paperwork, denials, and remakes. Hike is the AI platform for O&P, DME, and podiatry, built to close that gap from referral to dispense. Hike Intelligence runs the back office. AI agents read incoming faxes, extract patient data, and chase down missing documentation, cutting manual work and getting patients scheduled faster. Hike Clinical is an AI-enabled orthotics lab. A point-of-care app handles evaluation, ordering, and documentation, while custom devices are fabricated in our in-house 3D print lab and shipped in days, not weeks. The result: providers take every referral without adding staff, deliver high-quality custom devices fast, and get paid faster with fewer denials.