Prosper AI, a developer of voice AI agents to automate patient scheduling, insurance verification, prior authorizations, and claims without much human intervention, raised $30 million a Series A funding round led by Andreessen Horowitz (a16z), with participation from Base10 and continued support from Emergence Capital, Y Combinator, and Company Ventures.
Founded in 2023 by MIT and Harvard alumni Xavier de Gracia and Josep Mingot, Prosper AI is headquartered in New York City. The company aims to address the $450 billion administrative crisis in the U.S. healthcare system by replacing fragmented, manual phone workflows with highly autonomous voice AI agents.
The financing follows a period of rapid adoption and market acceleration. Athenahealth, one of the largest ambulatory EHR platforms in the United States covering +60M lives, selected Prosper AI after evaluating multiple AI solutions for internal voice AI workflows. Imagine Software, a leading healthcare software company serving more than 100,000 physicians and processing over $65 billion in claims annually, also selected Prosper AI after conducting a competitive evaluation.
Since its last funding announcement six months ago, Prosper AI has grown revenue 5x, added more than 40 healthcare organizations as customers, expanded across more than 150,000 healthcare providers, and become the platform powering more than $1.3 billion in patient care. Today, Prosper AI wins 80% of competitive evaluations.
Where first-generation healthcare AI stopped at scheduling, Prosper AI manages the broader patient journey. The platform answers patient calls, schedules appointments directly in the EHR, verifies insurance benefits, automates patient billing, and contacts insurers on the phone when additional information is needed. By automating the patient journey end-to-end, Prosper AI helps providers lower administrative costs by +40% while giving patients visibility into their coverage and financial responsibility before care is delivered. The result is a single platform that manages both patient and payer workflows from appointment request through reimbursement.
“Healthcare providers don’t want separate tools for scheduling, insurance verification, and billing,” said Xavier de Gracia, Co-Founder and Co-CEO of Prosper AI.
“They want a single platform capable of managing the workflows that determine whether care happens and whether providers ultimately get paid. That’s what we’ve built, and it’s why providers, health systems, and healthcare technology companies are choosing Prosper AI.”
Digital health companies have secured more than $180 billion in funding to date, according to our recent Funding Database. More recently, Magicare AI (formerly Exponential), a developer of an agentic operating software system for post‑acute care providers, raised $3.6 million in a pre-seed funding round led by Mana Ventures.
In another deal, Ethermed, a healthcare technology startup building AI-driven automation for prior authorization and medical-necessity workflows, raised $8.5 million in Series A funding to expand its enterprise platform and scale its growing network of health-system partners.