Fundz

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

Amount Raised

$500,000

Round Type

Pre-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.

Who else raised in Medical and Health Care around the same time

Companies in the same sectors as Avelis Health that raised within 45 days of this round, from Fundz verified event records.

  • Moberg Analytics raised an undisclosed amount (Seed) on July 29, 2025.
  • Positron raised $52M (Series A) on July 28, 2025.
  • Rebee Health raised an undisclosed amount (Funding Round) on July 9, 2025.
  • Lucem Health raised $2.3M on July 8, 2025.
  • Charta Health raised $30M on June 23, 2025.
  • Shuttle Pharmaceutical Holdings raised $4.3M (Seed) on June 20, 2025.

Who to call at Avelis Health, and when

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  • An alert the day Avelis Health raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Avelis Health, from your own LinkedIn network

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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%.

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Avelis Health raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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