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Baton Health raised $8.75 million in seed funding to launch a platform that streamlines provider credentialing and cuts verification time by 99.9%

May 01, 2024about 1 year ago

Amount Raised

$8.75 Million

Round Type

seed

BrooklynHealth Care

Investors

Redesign Health

Description

Baton Health has raised $8.75 million in seed funding to launch a Universal Primary Source database that streamlines provider credentialing, reduces overhead credentialing costs for organizations, and partners with telehealth giant Amwell, Mocingbird, The Clinic by Cleveland Clinic and Brevard Health Alliance.

Company Information

Company

Baton Health

Location

Brooklyn, New York, United States

About

At Baton, we’re committed to empowering licensing, credentialing, and payer enrollment teams to achieve their highest potential. We understand the challenges these teams face in accessing and managing fragmented provider information, leading to inefficiencies and errors in the credentialing process. That's why we're building the first Universal Primary Source, a SaaS solution that federates provider data from nearly a thousand primary sources. Our platform streamlines workflows, providing teams with accurate and up-to-date information to expedite the verification process.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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