Red Sky Health raised $3M in seed funding led by Trevor Burgess to expand its AI-driven platform for optimizing healthcare claims management.

Jan 13, 2025•6 months ago

Amount Raised

$3 Million

Round Type

seed

SolonMachine LearningArtificial IntelligenceHealth Care

Investors

Mike DezubeGleb DrobkovTrevor Burgess

Description

Red Sky Health has secured $3 million in seed funding to enhance its AI-driven platform aimed at optimizing healthcare claims management. The funds will support the company's expansion across the U.S. and deepen partnerships with healthcare providers.

Company Information

Company

Red Sky Health

Location

Solon, Ohio, United States

About

Red Sky Health is an AI-driven platform designed to optimize healthcare claims management, addressing the critical issue of denied insurance claims in the U.S. healthcare system. Their flagship technology, Daniel, utilizes machine learning to analyze historical claims data, streamline resubmission processes, and help providers recover lost revenue efficiently. The company aims to enhance operational and financial efficiency for healthcare providers while empowering patients through improved resource allocation.

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

Red Sky Health raised $3M in seed funding led by Trevor Burgess to expand its AI-driven platform for optimizing healthcare claims management.

Investors

Description

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