Luminai, a healthcare-focused AI automation platform, announced it has raised $38 million in a Series B funding round, bringing its total capital raised to $60 million. The round was led by Peak XV Partners, formerly Sequoia India and Southeast Asia, with participation from Define Ventures and continued backing from General Catalyst and Y Combinator.
The funding comes as healthcare provider organizations face rising cost pressures, staffing shortages, and increasing operational complexity. Administrative functions account for up to 25% of total healthcare spending, driven largely by fragmented systems, manual workflows, and reliance on unstructured data.
Luminai is positioning itself as an AI-native orchestration layer designed to automate complex, end-to-end administrative workflows rather than isolated tasks. Its platform integrates healthcare-trained AI models with workflow automation and human-in-the-loop validation to support functions such as patient access, revenue cycle management, and compliance.
The company’s team combines expertise from technology firms, including Palantir, Google, Coinbase, and Brex, as well as healthcare operators Epic and Banner Health. This blend allows Luminai to deploy automation solutions that are both technically advanced and aligned with real-world healthcare operations.
The new capital will be used to expand product capabilities, grow engineering and deployment teams, and support additional enterprise customers as demand for scalable AI-driven automation across healthcare systems increases.
KEY QUOTES
“What stands out about Luminai is their platform approach to a historically fragmented problem. While most vendors optimize individual tasks and point solutions, Luminai is building the intelligent orchestration layer that will define how healthcare operations function in the future. Their engineering rigor and customer-embedded execution model position them to become foundational infrastructure as health systems fundamentally rethink how operational work gets done.”
Shailendra Singh, Managing Partner at Peak XV Partners
“Healthcare’s administrative functions operate as a massive, manual coordination layer. Encoding that work into software has historically been difficult because workflows span systems and point solutions, depend on unstructured inputs, and require embedded business and clinical context at every step. Recent advances in AI have made it possible to handle that complexity directly , not just automate isolated tasks, but execute full workflows reliably. Luminai is building the AI-native platform designed for the realities of large health systems, one that learns from operational context and improves as conditions evolve. This round enables us to scale that foundation to meet the growing demand of our health system partners.”
Kesava Kirupa Dinakaran, Founder And CEO Of Luminai
