QED Investors, an investment firm, led a $20m Series B round in Codoxo, a company which uses AI technology to re-envision healthcare affordability and effectiveness, with participation from Sands Capital, 111 West Capital, Brewer Lane Ventures, Spider Capital and GRA Venture Fund. “Tremendous innovation is happening in the healthcare space, especially when it comes to advanced analytics that impact healthcare costs. Sands Capital is strongly committed to partnering with companies like Codoxo that are transforming and simplifying integral industries such as healthcare and have considerable potential for successful growth,” Michael Graninger, Sands Capital Partner.