Freed Named to the 2025 CB Insights’ List of the 50 Most Promising Digital Health Startups

Freed recognized for achievements in clinical workflow automation and AI-powered ambient documentation technology

NEW YORK--(BUSINESS WIRE)--CB Insights today named Freed to its seventh annual Digital Health 50, showcasing the 50 most promising private digital health companies in the world.

“The 2025 Digital Health 50 winners are high-momentum companies poised to define the next era of healthcare,” said Ellen Knapp, Principal Analyst at CB Insights. “This year’s cohort is advancing the shift from reactive to proactive care, developing AI solutions tailored to healthcare's unique regulatory environment, and addressing critical sector-wide challenges from care access to provider burnout and workforce shortages.”

"We're honored to be recognized by CB Insights alongside some of the most innovative companies in digital health. This validates what we've been working toward since day one: giving clinicians their time back, so they can focus on patient care instead of paperwork,” said Erez Druk, Co-Founder and CEO of Freed. "Our team remains committed to fighting clinician burnout and helping providers live happier, more balanced lives."

The list primarily includes early- and mid-stage startups driving innovation across digital health. CB Insights’ research team picked winning companies based on CB Insights datasets, including deal activity, industry partnerships, team strength, investor strength, employee headcount, and proprietary Commercial Maturity and Mosaic scores. They also dug into Analyst Briefings submitted directly to them by startups.

Freed is the leading AI scribe and clinician assistant, built for the unique needs of small and mid-sized practices. Since launching in 2023, the company has grown to more than 25,000 paying clinicians across 96 specialties, saving healthcare professionals over 2.5 million hours they would have otherwise spent on documentation. In March 2025, Freed raised $30 million in Series A funding led by Sequoia Capital. Co-founded by former Meta engineers, Erez Druk and Andrey Bannikov, Freed is helping combat clinician burnout by automating the clinical workflow and allowing providers to deliver excellent care while finding more balance in their lives.

Quick facts on the 2025 Digital Health 50:

• The 50 winners span categories such as care delivery, revenue cycle management, drug discovery & development, and diagnostics.
• This year's cohort is deploying AI across a wide variety of use cases, with notable adoption of agentic AI, voice AI, and automated provider workflows.
• Collectively raised $2B in equity funding in 2025 YTD (as of 10/14/2025).
• 52% are early-stage companies (seed/angel or Series A funding).
• Established 140+ business relationships since 2024 with industry leaders including Cleveland Clinic, IBM, and Novartis.

About CB Insights

CB Insights is the leader in predictive intelligence on private companies. It delivers instant insights that help you source and analyze private companies, focus on the right markets, and stay ahead of competitors. Our AI agents are powerful because they translate signals into the exact outputs your teams need to move first — defensible, sourced, and board-ready. To learn more, please visit www.cbinsights.com.

About Freed

Freed is an AI scribe and clinician assistant, custom-built for the unique needs of small and mid-sized healthcare practices and designed to eliminate the burdens of medical documentation and administrative tasks, giving clinicians their time back and helping them lead more balanced, fulfilling professional lives. Driven by a clinician-first approach, Freed uses AI to automate charting, coding, visit prep, and more to streamline workflows and reduce administrative burden.

For more information about Freed, visit www.freed.ai.