This week’s episode of “WisBusiness: the Podcast” is with Nick Myers, CEO and co-founder of Madison-based RedFox AI.
The startup company has a conversational artificial intelligence platform that’s meant to help guide patients through the process of at-home diagnostics testing or using medical devices.
Myers discusses the company’s ongoing business development efforts, his experience with raising investment funds and related strategies.
“As of May, have jumped back into the fundraising ring and have already had several conversations with investors again, and we’re pretty confident that we’ll be able to close on our round here by the end of October,” he said.
The company recently announced its inaugural board of advisors, and Myers emphasizes the impact these experts will have on the company’s trajectory.
“There’s a clear line of how we’re going to get to our exit in the next five to seven years, and we hope that will really resonate with the investors that we talk with,” he said.
Listen to the podcast below, sponsored by UW-Madison:
