HiLabs was born when technology savant Amit Garg and aspiring physician Neel Butala met at the Yale School of Management while pursuing their MBAs in 2014. In their private equity class, Amit and Neel developed a business plan and entered it into the Yale Entrepreneurial Institute competition, placing in the top five of all entries.
This inspired the official founding of HiLabs with an office in Amit’s townhouse basement near Yale’s campus.
HiLabs pivoted its strategy after seeing a tremendous unmet need to detect and correct data anomalies for healthcare companies.
This problem costs an estimated $100B per year and was a perfect area to apply HiLabs Healthcare, Big Data, and Machine Learning expertise.