a16z backs Prosper AI with $30M as healthcare providers seek fewer admin tools

The comany has grown revenue fivefold in six months and now supports more than 150,000 healthcare providers through its AI-powered patient operations platform. Medtech a16z backs Prosper AI with $30M as healthcare providers seek fewer admin tools The comany has grown revenue fivefold in six months and now supports more than 150,000 healthcare providers through its AI-powered patient operations platform. Cate Lawrence 4 hours ago Share Share Send email Copy link Prosper AI an AI platform that runs the entire patient journey, today announced a $30 million Series A financing led by Andreessen Horowitz ("a16z"), with participation from Base10 and continued support from Emergence Capital, Y Combinator, and Company Ventures.

Every patient appointment depends on workflows that occur before and after care is delivered, from scheduling and insurance verification to patient billing and collections. Historically, these processes have been fragmented across disconnected teams and point solutions, creating $450 B in administrative waste and making healthcare more expensive and less transparent for patients. 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.