Fenwick Represents HiLabs in $39M Series B Financing

Fenwick represented HiLabs, a provider of AI-powered solutions to manage dirty data for healthcare applications, in its $39 million Series B financing. The round was led by Denali Growth Partners and Eight Roads Ventures, with participation from F-Prime Capital.

HiLabs will use the funds to advance its AI-powered data management solutions to improve data exchange between payers and providers, reducing health care costs and improving outcomes. More information can be obtained from the company’s announcement.

The transaction was led by corporate partner Dawn Belt and included associates James Li, Teresa Anselmo-Thai, and Jazmin Perez.