Prosper AI has raised $30 million in Series A funding led by Andreessen Horowitz. The company is expanding its AI voice agents, which schedule appointments, verify insurance, and call payers for over 150,000 healthcare providers.
Administrative waste now costs the US healthcare system over $450 billion each year. Athenahealth and ImagineSoftware, two of the largest EHR platforms, have both chosen Prosper after reviewing other AI vendors.
This is Prosper’s second funding round in less than a year. The company raised $5 million last September and reports that its revenue has grown about five times since then, bringing total funding to around $36.6 million.
Right now, an AI agent might be on hold with a health insurer, working through the phone system, waiting for a representative, and gathering a patient’s coverage details—all without anyone listening to hold music. This is the product behind Prosper AI‘s new funding, but it’s also becoming a crowded market.
The startup, based in New York and Madrid, has raised $30 million in Series A funding led by Andreessen Horowitz, with support from Base10 Partners, Emergence Capital, Y Combinator, and Company Ventures. This is Prosper’s second round in less than a year.
