MOBILE, AL — March 10, 2023 — Gulf Coast AI Diagnostics, a leading healthcare technology company, announced today that it has raised $11 million in new funding. The investment will be used to further develop the company's artificial intelligence-powered diagnostic platform. The platform utilizes machine learning algorithms to analyze medical images and provide accurate diagnoses. This technology has the potential to revolutionize the healthcare industry by improving diagnosis accuracy and reducing costs. The funding round was led by a group of prominent venture capital firms, including New Enterprise Associates and Canary Ventures. "We are thrilled to have the support of such esteemed investors," said Gulf Coast AI Diagnostics CEO, Dr. Rachel Kim. The company plans to use the funding to expand its research and development team and to conduct clinical trials for its platform. Gulf Coast AI Diagnostics is committed to improving healthcare outcomes through innovative technology. About Gulf Coast AI Diagnostics: Gulf Coast AI Diagnostics is a healthcare technology company developing AI-powered diagnostic solutions.