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Milu Health raised $4.8M in a seed funding led by Andreessen Horowitz (a16z) Bio + Health to launch their AI-driven health savings platform.

Mar 18, 2024•almost 2 years ago

Amount Raised

$4.8 Million

Round Type

seed

New Yorkinformation technology & servicesSoftwareMedicalHealth Care

Investors

81 CollectionPags GroupBox GroupAndreessen Horowitz (A16z) Bio + Health

Description

Milu Health, a New York City-based startup, raised a $4.8 million seed funding round led by Andreessen Horowitz (a16z) Bio + Health. The funding will be used to prove the effectiveness of its AI-driven health savings platform before scaling.

Company Information

Company

Milu Health

Location

135 W 50th St

New York, United States

About

Milu Health is a health tech company using AI to drive cost savings in healthcare for employees and employers. The platform integrates directly with patient health records to identify ways they can access higher-quality healthcare at a better price.

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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