Graici, an AI data company focused on Medicaid renewal and redetermination, has raised $7.5 million in a Series A round led by Santé Ventures. As part of the financing, Santé Founding Managing Director Dr. Joe Cunningham joined Graici’s board.
The company says it has developed an Adaptive Data Wallet powered by a data network designed to acquire, secure, and activate “whole life” information, spanning health, economic, and personal data. Graici’s platform automates Medicaid renewals and redeterminations to help eligible individuals maintain coverage while providing state governments and health plans with verified intelligence to improve outcomes and reduce operational friction.
Graici was founded by Steve McHale, who previously co-founded Explorys, a healthcare big data company acquired by IBM. Graici positions its approach as consent-based and security-oriented, using agentic AI to assemble and activate data with an emphasis on accountable action.
KEY QUOTES
“AI is one of the greatest innovations of the 21st century. But solving healthcare’s most persistent challenges requires technology built by leaders who understand both the human stakes and the operational realities. I’ve worked with Steve McHale for 20 years, and he is one of the rare founders capable of delivering transformational impact at scale.”
Dr. Joe Cunningham, Founding Managing Director, Santé Ventures
“Whole-life data reveals what fragmented systems cannot. Graici assembles and activates data agentically and ethically — so people get clarity and support at the speed of need, empowering institutions to serve with confidence and precision.”
Steve McHale, Founder, Graici