Key Points
- “We will definitely go public at some point,” Corti CEO Andreas Cleve tells CNBC.
- The Danish company has developed AI infrastructure for healthcare, focused on text and audio data.
- Cleve ruled out going public in 2026 but declined to give a more specific timeline, saying: “The private market is still very appealing when it comes to fundraising.”
Danish healthcare AI startup Corti will go public “at some point” but not in 2026, its CEO has told CNBC. Asked on Tuesday whether the company had a timeline for going public, Andreas Cleve said that “the private market is still very appealing when it comes to fundraising,” but added: “We will definitely go public at some point.” “Not next year though,” he added. Corti was founded in Denmark in 2016 and has developed clinical-grade healthcare AI infrastructure. The company says it supports 250,000 patient interactions per day in hospitals around Europe and the U.S., and works with the NHS in the U.K. Speaking on Squawk Box Europe, Cleve described how he saw the technology being used in a healthcare system. “Imagine that you had an AI entity that actually could do work, that could fill out jobs, that could actually do documentation. That is sort of the vision here, because 30% of all work done in healthcare today is paper, it’s not patients,” he said. He added that reducing time on paperwork “would unlock a completely different healthcare system and a lot lower cost of care.” The company has argued that general-purpose AI developed by companies like OpenAI and Anthropic is unable to meet the requirements of healthcare. Other players in the space include Abridge, Ambience Healthcare and DeepScribe. Corti last raised funds in 2023, raising $60 million in a Series B funding round, which valued the company at $260 million. Prosus Ventures and Atomico co-led the round, which also included existing investors Eurazeo, EIFO, and Chr. Augustinus Fabrikker.
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