Rhino Federated Computing Overview
Rhino Federated Computing has built the world’s leading data collaboration platform, Rhino FCP. Rhino cut our teeth in the world of healthcare and life sciences, where data privacy is absolutely paramount and data custodians fiercely protective of data subjects. Following Rhino co-founder Dr. Ittai Dayan’s leadership of the landmark project on Federated Learning in healthcare, the EXAM Study, we set out to build an enterprise-ready FL solution, but quickly realized that collaborators needed more than ‘just’ Federated Learning, they needed Federated Computing. While maintaining a focus on security & privacy, we have turned Rhino FCP into a totally secure, totally extensible collaboration sandbox - allowing collaborators to run code on one another’s data while ensuring that security, privacy, and legal teams can be comfortable. Rhino FCP offers flexible architecture (multi-cloud and on-prem hardware), end-to-end data management workflows (multimodal data, schema definition, harmonization, and visualization), a privacy screen (custom differential privacy budget, custom k-anonymization values), and allows for the secure deployment of custom code & 3rd party applications via persistent data pipelines.
Cumulative Funding Raised Over Time ($)
$1.6MAug 2024
$6.6MFeb 2021
$21.6MMay 2025
$28.3MNov 2022
$32.6MOct 2023
Latest News
growth-positive
The startup bets on federated AI as the key to innovation in health, finance, and biopharma.
Rhino Federated Computing, a startup specializing in AI collaboration tools for regulated industries, has secured $15 million in a Series A funding round led by AlleyCorp, with participation from several other investors. This funding brings the companys total to over $30 million and will be used to expand its federated AI platform. Founded in 2020, Rhino focuses on enabling organizations to leverage sensitive data without compromising privacy. The platform is already being used in various initiatives, including collaborations with Sheba Medical Center, Google, and Swift. The company aims to address the challenges of data access and control in regulated industries like healthcare and finance.
InvestmentPartners
growth-positive
Google Cloud and Swift pioneer advanced AI and federated learning tech to help combat payments fraud
Swift, a global provider of secure financial messaging services, is collaborating with Google Cloud and other partners to develop advanced anti-fraud technologies using AI and federated learning. This initiative aims to enhance fraud detection in cross-border payments by enabling financial institutions to share intelligence without compromising data privacy. The partnership includes technology partners Rhino Health and Capgemini, who will assist in developing and implementing the solution. The project will roll out a sandbox in 2025 to prototype learning from historic fraud, involving 12 global financial institutions. This collaborative approach is expected to improve fraud detection, reduce false positives, and adapt quickly to new threats, thereby building a safer financial ecosystem.
Partners
growth-positive
Rhino Health Receives Investment from Telus Global Ventures
Rhino Health, a healthcare AI company based in Boston, has received an investment from Telus Global Ventures. The investment amount was not disclosed. Rhino Health plans to use the funds to enhance its solutions using federated learning and edge computing, which facilitate secure and decentralized data processing and AI model training. Under the leadership of CEO Dr. Ittai Dayan, the company aims to transform healthcare AI by connecting medical data sources with researchers to accelerate healthcare advancements. Rhino Healths platform allows partners to create networks of health systems, life sciences companies, and public sector organizations for data collaboration across continents while maintaining patient privacy and IP confidentiality.
Investment
growth-positive
Rhino Health to Deliver Federated Computing Platform to Regulated Industries with Google Cloud | Rhino Health
Rhino Health, a leader in Federated Computing, has announced a partnership with Google Cloud to scale their Federated Computing Solution. The partnership will integrate Rhinos Federated Computing Platform (Rhino FCP) with Google Clouds generative AI, data and analytics capabilities, privacy enhancing technologies, security capabilities and scalable infrastructure. Rhino FCP, which has strong early traction in healthcare and life sciences, allows enterprises to set up computation pipelines on distributed data sources quickly and efficiently. The partnership will enable Rhino FCP to reach new verticals, such as the financial sector.
PartnersExpand
growth-positive
Automating Clinical Data Standardization at for ARC Innovation at Sheba Medical Center with Rhino Health’s Harmonization Copilot | Rhino Health
ARC Innovation at Sheba Medical Center is partnering with Rhino Health to standardize clinical data using Generative AI. The initiative aims to address the challenge of interoperability due to the diversity and complexity of local clinical data. Rhino Healths Harmonization Copilot uses Generative AI to standardize clinical data in line with international standards. The collaboration will help ARC Innovation at Sheba Medical Center to further engage in the data innovation ecosystem, enhancing operational efficiency and boosting capabilities in patient care and clinical research.
Partners
| Sector | Health Tech & Life Sciences |
Funding
| Total funding | $32.61M |
| Last funding | $15M |
| Stage | A |
| Rounds | 5 |
| Investors | 11 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.rhinofcp.com |
| Careers | Careers page |
Locations
Aluf Kalman Magen St 3, Tel Aviv-Yafo, Israel
22 Boston Wharf Rd, Boston, MA 02210, USA
Photos & Videos
1 item(s)
Rhino Federated Computing Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Health Tech & Life SciencesPharma & Medical BiotechnologyBusiness SoftwareIT, R&D & Data SolutionsData Analysis & Decision SupportTarget Customer
Financial ServicesFinancial InstitutionsHealthcare & Life SciencesLife SciencesPharmaceuticalsBiotechnologyHealthcareProvidersCore Technology
Artificial IntelligenceMachine LearningPlatforms & InterfacesSoftwareTags (19)
data-gatheringdata-scienceclinical-trialsimagingdata-science-platformdata-integrationmachine-learningedge-computingmedical-datahospitalsregulationclinical-workflowmonitoringdigital-healthcareactionable-insightssoftware-applicationsdata-managementartificial-intelligencedata-governanceGeographic Markets
TaiwanWestern EuropeAsiaGermanyAmericasEuropeEast AsiaUnited StatesSouth KoreaIsraelFranceAustraliaNorth AmericaUnited KingdomGlobalRhino Federated Computing Financials
$32.61M
Total funding
Undisclosed
Capital raised
$15M
Last funding
A
Funding stage
5
Total rounds
11
Investors
Cumulative Funding Raised Over Time ($)
$1.6MAug 2024
$6.6MFeb 2021
$21.6MMay 2025
$28.3MNov 2022
$32.6MOct 2023
Private Equity Funding
A Round
May 2025
$15M
AlleyCorp (Lead)
,
Gaingels, Arkin Digital Health, Keren Maccabi, Fusion Fund, Wilson's Bird Capital, Qiming Venture Partners, Frank Sica, LionBird, TELUS Global Ventures
Undisclosed Round
Aug 2024
$1.56M
TELUS Global Ventures (Lead)
Seed
Oct 2023
$4.35M
TELUS Global Ventures (Lead)
Seed
Nov 2022
$6.7M
Fusion Fund (Lead), LionBird (Lead)
,
Maccabi Health Fund, Qiming Venture Partners, Arkin Digital Health
Seed
Feb 2021
$5M
LionBird (Lead)
,
Arkin Digital Health
Rhino Federated Computing Lifecycle
Cumulative Funding Raised Over Time
$1.6MAug 2024
$6.6MFeb 2021
$21.6MMay 2025
$28.3MNov 2022
$32.6MOct 2023
All Events
A Round
May 2025
$15M
AlleyCorp (Lead)
,
Gaingels, Arkin Digital Health, Keren Maccabi, Fusion Fund, Wilson's Bird Capital, Qiming Venture Partners, Frank Sica, LionBird, TELUS Global Ventures
Undisclosed Round
Aug 2024
$1.56M
TELUS Global Ventures (Lead)
Seed
Oct 2023
$4.35M
TELUS Global Ventures (Lead)
Seed
Nov 2022
$6.7M
Fusion Fund (Lead), LionBird (Lead)
,
Maccabi Health Fund, Qiming Venture Partners, Arkin Digital Health
Seed
Feb 2021
$5M
LionBird (Lead)
,
Arkin Digital Health
Rhino Federated Computing News
11 articles
growth-positive
The startup bets on federated AI as the key to innovation in health, finance, and biopharma.
Rhino Federated Computing, a startup specializing in AI collaboration tools for regulated industries, has secured $15 million in a Series A funding round led by AlleyCorp, with participation from several other investors. This funding brings the companys total to over $30 million and will be used to expand its federated AI platform. Founded in 2020, Rhino focuses on enabling organizations to leverage sensitive data without compromising privacy. The platform is already being used in various initiatives, including collaborations with Sheba Medical Center, Google, and Swift. The company aims to address the challenges of data access and control in regulated industries like healthcare and finance.
InvestmentPartners
growth-positive
Google Cloud and Swift pioneer advanced AI and federated learning tech to help combat payments fraud
Swift, a global provider of secure financial messaging services, is collaborating with Google Cloud and other partners to develop advanced anti-fraud technologies using AI and federated learning. This initiative aims to enhance fraud detection in cross-border payments by enabling financial institutions to share intelligence without compromising data privacy. The partnership includes technology partners Rhino Health and Capgemini, who will assist in developing and implementing the solution. The project will roll out a sandbox in 2025 to prototype learning from historic fraud, involving 12 global financial institutions. This collaborative approach is expected to improve fraud detection, reduce false positives, and adapt quickly to new threats, thereby building a safer financial ecosystem.
Partners
growth-positive
Rhino Health Receives Investment from Telus Global Ventures
Rhino Health, a healthcare AI company based in Boston, has received an investment from Telus Global Ventures. The investment amount was not disclosed. Rhino Health plans to use the funds to enhance its solutions using federated learning and edge computing, which facilitate secure and decentralized data processing and AI model training. Under the leadership of CEO Dr. Ittai Dayan, the company aims to transform healthcare AI by connecting medical data sources with researchers to accelerate healthcare advancements. Rhino Healths platform allows partners to create networks of health systems, life sciences companies, and public sector organizations for data collaboration across continents while maintaining patient privacy and IP confidentiality.
Investment
growth-positive
Rhino Health to Deliver Federated Computing Platform to Regulated Industries with Google Cloud | Rhino Health
Rhino Health, a leader in Federated Computing, has announced a partnership with Google Cloud to scale their Federated Computing Solution. The partnership will integrate Rhinos Federated Computing Platform (Rhino FCP) with Google Clouds generative AI, data and analytics capabilities, privacy enhancing technologies, security capabilities and scalable infrastructure. Rhino FCP, which has strong early traction in healthcare and life sciences, allows enterprises to set up computation pipelines on distributed data sources quickly and efficiently. The partnership will enable Rhino FCP to reach new verticals, such as the financial sector.
PartnersExpand
growth-positive
Automating Clinical Data Standardization at for ARC Innovation at Sheba Medical Center with Rhino Health’s Harmonization Copilot | Rhino Health
ARC Innovation at Sheba Medical Center is partnering with Rhino Health to standardize clinical data using Generative AI. The initiative aims to address the challenge of interoperability due to the diversity and complexity of local clinical data. Rhino Healths Harmonization Copilot uses Generative AI to standardize clinical data in line with international standards. The collaboration will help ARC Innovation at Sheba Medical Center to further engage in the data innovation ecosystem, enhancing operational efficiency and boosting capabilities in patient care and clinical research.
Partners
growth-positive
Rhino Health and Medinexo Partner to Expand Data Diversity in Therapeutic Development
Rhino Health, a leader in federated computing, has announced a strategic partnership with Medinexo, a global network of hospitals and health systems. The partnership will combine Rhinos Federated Computing Platform with Medinexos network of research sites, providing a valuable solution for academic researchers and life sciences companies. Medinexo streamlines the clinical trial process, reducing administrative burdens and accelerating trial setup. Rhinos platform allows for the setup of computation pipelines on distributed data sources in a matter of days, adhering to high standards of confidentiality and privacy. The partnership aims to democratize participation in the healthcare and life sciences data ecosystem.
Partners
growth-positive
Rhino Health joins consortium to reduce carbon footprint of CT scans
Rhino Health has partnered with over 20 international institutions, including the University of Oxford, to develop an AI-powered CT digital contrast technology that will reduce the environmental impact of CT imaging. The project, co-funded by Horizon Europe and UK Research Innovation (UKRI), aims to minimize the use of contrast media and single-use consumables in CT scans, thereby reducing their carbon footprint. Rhino Health will provide its federated computing platform and expertise in edge computing, federated learning, and AI to help train the AI model. The consortium is coordinated by Collective Minds Radiology and scientifically led by the University of Oxford.
PartnersExpand
growth-positive
Rhino Health Joins Alliance for Artificial Intelligence in Healthcare
Rhino Health has joined the Alliance for Artificial Intelligence in Healthcare (AAIH), a global advocacy organization dedicated to the responsible adoption and application of AI/ML technologies in healthcare. Rhino Health will contribute its knowledge of distributed computation and federated learning to advance AI in healthcare. The company will participate in ongoing AAIH projects and collaborate with other organizations in the industry. The AAIH aims to establish responsible and ethical standards for the development and implementation of AI in healthcare. Rhino Health is a distributed computer platform that leverages federated learning to allow medical researchers and healthcare AI developers to access diverse datasets without compromising patient privacy. The company is committed to accelerating the creation and adoption of AI-based healthcare solutions.
Partners
growth-positive
Rhino Health Platform Powers Hospital-Based Federated Learning Consortium
Rhino Health has announced a hospital-based federated learning for medicine consortium, Federated Learning for Medicine (FL4M), in collaboration with seven global healthcare institutions. The consortium aims to enable healthcare AI development on distributed patient data without moving the data from its original healthcare institution. The first algorithm being improved by the consortium focuses on brain aneurysm detection. The collaboration allows AI algorithms from leading centers around the world to be validated on local patient data, improving confidence in their performance and clinical value. The consortium includes hospitals across different geographies and patient demographics, caring for over 50 million patients annually. Early results show differences in algorithm performance at different sites, highlighting the importance of validating and retraining algorithms on diverse data. The consortium plans to grow with additional healthcare institutions and collaborate on future healthcare data and patient care.
Partners
growth-positive
EDRN's Pancreatic Cancer Detection Teams With Rhino Health to Leverage Federated Learning In Order To Accelerate Research
Rhino Health has announced a pilot project with the pancreatic cancer working group of the Early Detection Research Network (EDRN) to improve outcomes for pancreatic cancer patients. The project will utilize federated learning to accelerate the diagnosis of pancreatic cancer and enable earlier treatment. Participating institutions include Johns Hopkins Medicine, MD Anderson Cancer Center, Dana-Farber Cancer Institute, University of Pittsburgh Medical Center, Cedars-Sinai Medical Center, and City of Hope National Medical Center. Rhino Health has partnered with NVIDIA to leverage its technology in the Rhino Health Platform, which facilitates collaboration among medical researchers and AI developers. The project will be presented at the annual meeting of the Radiological Society of North America (RSNA).
Partners
growth-positive
Rhino Health Raises $5 Million to Improve AI Workflows in Healthcare Using Federated Learning
Rhino Health has closed a $5 million Seed financing round to improve AI-based healthcare solutions. The funding will be used to connect hospitals and AI developers through the Rhino Health Platform, which provides access to a large, continually updated dataset from diverse patients. The company aims to improve health outcomes and create equitable access to advanced AI-based diagnostics and treatment pathways. Rhino Health is collaborating with NVIDIA to bring Federated Learning into the clinical setting. The company also ensures patient privacy and offers access to diverse datasets for AI developers. The FDAs updated Action Plan emphasizes inclusivity in assembling datasets for training and validation of AI devices. Rhino Health is headquartered in Cambridge, Massachusetts, and has an R&D Center in Tel Aviv, Israel.
Investment
Rhino Federated Computing Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 51 |
| Team members | 3 |
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Yotam Maman |
| Registrar ID | 516324829 |
| Creator | Yotam Maman |
| Creator email | yotamm1988@gmail.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2024-01-30T00:00:00.000Z |
| Created | 2021-02-07T00:00:00.000Z |
| Claimed | Yes |