Binny Bansal-backed RISA Labs raises $11.1 Mn in funding

RISA Labs, an AI-driven healthtech startup, has raised $11.1 million in a funding round co-led by Cencora Ventures and Optum Ventures. 

The round also saw participation from Oncology Ventures, Z21 Ventures, and John Simon of Ventureforgood, along with existing backer Binny Bansal, co-founder of Flipkart.

Earlier in April last year, RISA Labs had raised $3.5 million in a seed funding round led by Flipkart co-founder Binny Bansal and others.

The proceeds will be used to scale product development, expand deployments with hospitals and cancer care networks, and support customer onboarding across the US healthcare system.

Founded in the US, RISA Labs is building an AI operating system for cancer care. The platform focuses on automating clinical and administrative workflows in oncology, helping healthcare providers reduce manual effort, improve coordination, and speed up treatment processes.

RISA Labs is targeting oncology providers that deal with complex workflows involving diagnostics, treatment planning, approvals, and patient coordination