Resolve Raises $3.3M in Seed Funding

Resolve, a Hanover, NH-based healthcare startup which aims to make healthcare bills fair, raised $3.3M in Seed funding.

The round was led by AlleyCorp, with participation from the founders of Funding Circle, Collective Health, Collective Medical, Nomi, Compass, and Seamless.

The company intends to use the funds to grow operations and expand its business reach.

Led by CEO Braden Pan, Resolve provides a healthcare system that fights medical debt. Driven by proprietary data algorithms that identify pricing issues, coding and billing errors, Resolve’s negotiators work to secure fair rates. Once its proprietary data algorithms identify pricing issues, coding and/or billing errors, trained negotiators work to secure fair rates or appeal insurance denials. To date, the company has relieved nearly $20M in medical debt, averaging 60-65% savings.

Currently, the company employs 22 full-time staff, with plans to soon add a number of positions including Chief of Staff, Head of Product, and a number of software developers.

FinSMEs

18/07/2022