Prosper AI announced it raised $30 million in Series A funding to scale its AI platform for managing the full patient journey. The round was led by Andreessen Horowitz, with participation from Base10 and continued support from Emergence Capital, Y Combinator, and Company Ventures.
The financing follows a period of rapid adoption for Prosper AI. Since its last funding announcement six months ago, the company said revenue has grown 5x, it has added more than 40 healthcare organizations as customers, expanded across more than 150,000 healthcare providers, and become the platform powering more than $1.3 billion in patient care.
Prosper AI said it now wins 80% of competitive evaluations. Its customers include PE-backed outpatient groups such as Preferred Dermatology, health systems such as Jackson Memorial Hospital, and healthcare technology companies such as Athenahealth.
The company is focused on automating the workflows that happen before and after care is delivered, including scheduling, insurance verification, patient billing, and collections. Prosper AI said these historically fragmented processes have created more than $450 billion in administrative waste while making healthcare more expensive and less transparent for patients.
Prosper AI’s platform answers patient calls, schedules appointments directly in the EHR, verifies insurance benefits, automates patient billing, and contacts insurers by phone when additional information is needed. By automating the patient journey end-to-end, the company said it helps providers lower administrative costs by more than 40% while giving patients visibility into their coverage and financial responsibility before care is delivered.
The company said several healthcare organizations selected Prosper AI after competitive evaluations. Athenahealth, one of the largest ambulatory EHR platforms in the United States, selected Prosper AI after evaluating multiple AI solutions for internal voice AI workflows. ImagineSoftware, which serves more than 100,000 physicians and processes over $65 billion in claims annually, also selected Prosper AI after a competitive evaluation.
With the new funding, Prosper AI plans to expand its engineering and customer-facing teams, deepen integrations across major EHR platforms, and accelerate adoption across provider groups and health systems.
Prosper AI was founded in 2023 by Xavier de Gracia and Josep Mingot and is headquartered in New York. The company is live in more than 50 outpatient groups and covers more than 150,000 providers across over 25 medical specialties, with integrations across athenahealth, ModMed, Veradigm, ECW, ImagineSoftware, and other EHRs.
KEY QUOTES:
“We evaluated seven different vendors through an extensive RFP and live demonstration process and concluded that Prosper AI had the most comprehensive platform. The difference wasn’t simply scheduling. Prosper AI was the only platform capable of handling insurance verification, patient financial responsibility, and the broader workflows required to support the entire patient journey.”
Jonathan Banta, CEO of The 44 Group and Co-Founder of The Executive Roundtable
“Out of the gate, Prosper AI was handling more than 50% of our patient conversations end-to-end, including complex cases involving real-time benefits verification. Many organizations using other AI solutions remain stuck at 20–30% automation because those systems stop at scheduling.”
Noah England, COO of Piedmont Dermatology
“We reviewed multiple AI platforms, and Prosper AI consistently delivered the strongest performance, now handling thousands of conversations per day across multiple clients on our platform. In repeated side-by-side evaluations, Prosper AI achieved the highest accuracy and completion rates.”
Sam Khashman, CEO of ImagineSoftware
“AI should make healthcare infinitely accessible. Prosper AI stood out because of the scope of their ambition: they want to eliminate every administrative friction point between a patient and the care they need. What convinced us was the pattern we kept hearing from customers — providers would deploy Prosper AI for scheduling, then quickly ask them to take on insurance verification, then billing, and so on. That pull-through only happens when your technology can consistently guide patients through the care journey end-to-end. It’s no surprise Prosper AI is winning the vast majority of competitive evaluations they enter.”
Jay Rughani, Partner at Andreessen Horowitz
“Prosper AI is leveraging agentic AI to transform the way provider groups and hospitals engage with patients, driving not only savings, but increased revenue and better patient experience.”
Adeyemi Ajao, Co-Founder and Managing Partner at Base10 Partners
“Healthcare providers don’t want separate tools for scheduling, insurance verification, and billing. They want a single platform capable of managing the workflows that determine whether care happens and whether providers ultimately get paid. That’s what we’ve built, and it’s why providers, health systems, and healthcare technology companies are choosing Prosper AI.”
Xavier de Gracia, Co-Founder and Co-CEO of Prosper AI
