Fenwick Represents Cornerstone AI in Additional $5M Funding

Fenwick represented Cornerstone AI, a powerful AI software solution that cleans real world healthcare data, in its $5 million opportunistic funding round. This brings the company's total funding to $10 million. The round was led by Acrew Capital, with participation from existing investors Initiate Ventures and Healthy Ventures, as well as Travis May, founder and former CEO of Datavant, and Web Sun and Arif Nathoo, the co-founders of Komodo Health.

Cornerstone AI will use the funds to rapidly scale amid strong customer demand. More information can be obtained here.

The Fenwick transaction team was led by corporate partner Michael Esquivel and included associates Shweta Kumar and Raffi Terteryan.