Minset, a company behind the first multi-skilled agentic AI platform purpose-built for healthcare revenue cycle management, announced a seed funding round led by leading digital health venture firm HealthX Ventures.
What Minset does: Minset is pioneering a new category in healthcare operations: the Autonomous Revenue Cycle (ARC). And at the centerof the platform is Mia, Minset’s intelligent and multi-skilled agentic AI. Unlike other platforms that rely on a complex mix of orchestrated single-skilled agents and other tools, Mia handles it all. From coding and denials to payments, Mia’s got it – no bots to wrangle nor micromanagement required.
Mia learns, reasons and resolves revenue cycle issues fast, helping providers prevent denials, recover revenue, and operate at scale. She works 24/7 and continuously evolves to keep up with payer rules, regulatory shifts, and operational complexity.
Helping over 300 healthcare organizations to date, Mia powers three core products:
1.) mCoder to automate medical coding
2.) mDenials to manage denials
3.) m360 for patient engagement (propensity to pay).
How the funding will be used: The funding will accelerate product development and scale go-to-market efforts as Minset expands its platform to more healthcare organizations worldwide.
New executives: As part of this next phase of growth, Minset also revealed the appointment of Mike Luessi to lead Growth & Operations. Luessi joins CEO Trey McMillian and CTO Matt Scott, bringing more than 20 years of experience building and scaling high-growth companies. This rounds out an experienced leadership team with deep expertise at the intersection of AI R&D, and scaling complex platforms in healthcare and enterprise technology.
KEY QUOTES:
“The investment from HealthX and the addition of Mike to our team accelerates our mission to fix one of healthcare’s toughest financial challenges: Revenue Cycle Management. We built Minset to end the chaos, not manage it. Our agentic AI platform doesn’t just track revenue work, it does the work. Mia, our multi-skilled AI agent thinks, reasons, and acts to get healthcare organizations paid.”
Trey McMillian, CEO of Minset
“We are thrilled to partner with Minset to create cutting-edge AI technology to transform healthcare operations. Our combined expertise will empower healthcare organizations with smarter, faster, and more efficient revenue cycle solutions. By partnering on AI solutions, including AI agents, we are poised to modernize the RCM space, delivering unprecedented value to healthcare providers.”
Jan Grimm, CEO of Savista, a leading healthcare revenue cycle management services company
“Minset isn’t automation, it’s autonomy. This is the first platform we’ve seen that truly replaces the manual work of the revenue cycle, without requiring providers to rip and replace their core systems. The team is solving a real problem with real AI, and the traction speaks for itself.”
“Traditional systems have hit their ceiling. Minset gives healthcare a new ceiling—or better yet, removes it. It delivers clarity where there was chaos, and outcomes where there were only excuses. They’re building what could become the most important financial infrastructure company in healthcare.”
Kristi Ebong, Partner at HealthX Ventures
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