Milu Health Raises $4.8M in Seed Funding

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Milu Health, a NYC-based health tech company that uses AI to drive cost savings in healthcare for employees and employers, raised $4.8M in Seed funding.

The round was led by Andreessen Horowitz (a16z) Bio + Health. BoxGroup, PagsGroup, and 81 Collection, among other investors, also participated.

The company intends to use the funds to expand operations and development efforts.

Founded in 2023 by Sasha Gribov and Gautam Kumar, Milu provides a platform that helps patients to find fairly priced and doctors, flag and fight incorrect medical bills, and access medications. It also ingests information about the employer’s healthcare plan and uses that to appropriately notify employees whenever an existing benefit, like a chronic condition management service or digital health app, could be helpful to them.

Milu partners with employers to deploy its member-facing platform, which helps patients save on their healthcare costs. When patients connect their health record data to the platform, its technology and nursing team proactively notifies and supports patients to access better quality and better value healthcare.

FinSMEs

12/03/2024