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Daffodil Health raised $4.6 million in a seed funding round led by Maverick Ventures to automate healthcare pricing and bring down admin spend.

PRIVATEMay 16, 2024

Amount Raised

$4.6 Million

Round Type

Seed

San FranciscoInformation TechnologyHealth CareArtificial Intelligence

Investors

Epic VenturesMaverick Ventures

Description

Daffodil Health, provider of healthcare pricing and administration AI-powered solutions, announced it raised $4.6 million in a seed funding round led by Maverick Ventures, with participation from Epic Ventures. The funding will support the company's mission to automate healthcare pricing processes and reduce administrative spend.

Quick answer

Daffodil Health raised $4.6 Million in a Seed round, dated May 16, 2024. Investors: Epic Ventures and Maverick Ventures. Daffodil Health is based in San Francisco, California, United States.

How much did Daffodil Health raise?
Daffodil Health raised $4.6 Million in a Seed round on May 16, 2024.
Who invested in Daffodil Health?
Epic Ventures and Maverick Ventures are named as investors in this round.
What does Daffodil Health do?
Daffodil was founded by a group of passionate healthcare and technology experts with the lofty mission of using technology, data and AI to automate healthcare pricing processes and reduce administrative spend.
Where is Daffodil Health based and how big is it?
Daffodil Health is based in San Francisco, California, United States.
Who are the decision-makers at Daffodil Health?
Fundz holds 1 contact at Daffodil Health. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Health Care and Artificial Intelligence around the same time

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

  • RadiantGraph raised $14M on June 28, 2024.
  • Synthpop raised $5.6M (Seed) on June 28, 2024.
  • Formation Bio raised $372M (Series D) on June 26, 2024.
  • Cloudphysician raised $11M (Series A) on June 25, 2024.
  • Tandem Health raised $9.5M (Seed) on June 24, 2024.
  • HealthPresso raised $1M (Pre-Series A) on June 21, 2024.

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Company Information

Company

Daffodil Health

Location

San Francisco, California, United States

About

Daffodil was founded by a group of passionate healthcare and technology experts with the lofty mission of using technology, data and AI to automate healthcare pricing processes and reduce administrative spend. The company’s first application, an AI/LLM-enabled SaaS Repricer, was launched in 2024. The application is focused on automating the out-of-network (OON) and Reference Based Pricing (RBP) repricing processes end-to-end.

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Daffodil 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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