The staggering administrative costs that plague the U.S. healthcare system, accounting for up to 30% of its $4.5 trillion annual spend, have drawn the attention of Assured. The startup, which is building an AI-powered operational backbone for providers, has now raised $19.0M in Series A funding.
Insight Partners led the round, joined by First Round Capital and Kindred Ventures. Assured's co-founders, Varun Krishnamurthy and Rahul Shivkumar, bring prior experience from building and selling a VC-backed digital health startup, aiming to deploy autonomous AI agents to tackle the manual workflows they once navigated.
.png&w=3840&q=75)
