Wisedocs, a machine learning software-as-a-service for medical record processing closes has closed a CAD4.1 million oversubscribed Seed financing round led by Ripple Ventures.

Greensky Capital, and angel investors including George A Papayiannis of Vena Solutions, and startup veteran, Tim Lett also particpated in the round. 

Wisedocs’ software relies on proprietary machine learning models using Intelligent Character Recognition (ICR) to read and analyse various documents involved in a medical record review.