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Avelis Health just raised. Here's exactly what to do next.

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Avelis Health raised $500K in a pre-seed round led by Y Combinator to help Americans save on medical bills using AI.

PRIVATEJun 26, 2025•11 months ago

Amount Raised

$500,000

Round Type

seed

San FranciscoHealth CareArtificial IntelligenceMedical

Investors

Y Combinator

Description

Avelis Health recently raised $500,000 in a pre-seed funding round led by Y Combinator. The funding will support the launch of Payment Integrity, tailored for self-insured employers. The startup aims to reduce billing errors and costs through AI technology. Founded by Angel Onuoha and Ahmad Shehu, Avelis Health addresses a critical issue in medical billing.

Company Information

Company

Avelis Health

Location

San Francisco, California, United States

About

Avelis Health uses AI to audit 100% of medical claims to detect errors and screen patients for financial assistance. We help self-funded employers reduce their annual health spend by 8-10%.

Predictive Intelligence
Strategic

ML-powered predictions for Avelis Health's next move

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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