CoverSelf Extends Seed Round to $8.2M

CoverSelf, a San Francisco, CA-based provider of a platform for healthcare claims and payment integrity, raised additional $3.4M in Seed funding.

The round, which brought the total amount to $8.2M, saw participation from BEENEXT, 3One4 Capital, and new investor Z21 ventures.

The company intends to use the funds to scale operations, build GenAI capabilities, and increase its headcount.

Founded in 2021 by seasoned US healthcare domain experts Rajasekhar Maddireddy and Raghavendra Pawar, CoverSelf provides a purpose-built platform that utilizes multiple approaches to reduce waste while identifying new savings opportunities. It empowers payers to adapt to claims and payment inaccuracies by enabling them to configure their policies and logic in simple English-like language or use simple policy-specific templates.

FinSMEs

14/11/2023