Working across 150,000 healthcare providers, Prosper AI is the first platform built to combine patient scheduling, insurance verification, and patient billing while coordinating voice interactions with both patients and insurers.
Prosper AI, the leading AI platform to run 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
The financing follows a period of rapid adoption and market acceleration. 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.
Providers increasingly recognize that scheduling is only the first step in the patient journey. As healthcare organizations look to automate insurance verification, and patient billing alongside scheduling, Prosper AI is emerging as the platform of choice to power financially cleared appointments.Today, Prosper AI’s customers span some of healthcare’s most influential organizations, including PE-backed outpatient groups such as Preferred Dermatology, health systems such as Jackson Memorial Hospital—the second-largest hospital in Florida—and healthcare technology leaders such as Athenahealth, one of the largest ambulatory EHR platforms in the United States.
Healthcare’s Next AI Platform Won’t Stop at Scheduling
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 +$450B in administrative waste while 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.
Winning the Most Competitive Evaluations in Healthcare AI
As provider outpatient groups and health systems evaluate AI platforms, Prosper AI is increasingly emerging as the preferred solution.
“We evaluated seven different vendors through an extensive RFP and live demonstration process and concluded that Prosper AI had the most comprehensive platform” said Jonathan Banta, CEO of The 44 Group, and Co-founder of The Executive Roundtable, a provider consortium representing more than 600 physicians. “The difference wasn’t simply scheduling. Prosper AI was the only platform capable of handling insurance verification, patient financial responsibility, and the broader workflows required to support the entire patient journey.”
“Out of the gate, Prosper AI was handling more than 50% of our patient conversations end-to-end, including complex cases involving real-time benefits verification,” said Noah England, COO of Piedmont Dermatology. “Many organizations using other AI solutions remain stuck at 20–30% automation because those systems stop at scheduling.”
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