Prosper AI Raises $30 Mn in Series A Round led by Andreessen Horowitz

The round was led by Andreessen Horowitz (a16z), with participation from Base10. Existing investors, including Emergence Capital, Y Combinator, and Company Ventures, also joined the round.

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The funding comes after a period of strong growth for the company. Over the past six months, Prosper AI has increased its revenue fivefold, added more than 40 healthcare organizations as customers, and expanded its platform to support over 150,000 healthcare providers.

The company now helps manage more than $1.3 billion worth of patient care and says it wins 80% of the competitive evaluations it participates in.

“We evaluated seven different vendors through an extensive RFP and live demonstration process and concluded that Prosper AI had the most comprehensive platform” said Jonathan Banta, CEO of The 44 Group, and Co-founder of The Executive Roundtable, a provider consortium representing more than 600 physicians. “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.”

“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,” said Noah England, COO of Piedmont Dermatology. “Many organizations using other AI solutions remain stuck at 20–30% automation because those systems stop at scheduling.”

“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,” said Sam Khashman, CEO of ImagineSoftware. “In repeated side-by-side evaluations, Prosper AI achieved the highest accuracy and completion rates.”

“Healthcare providers don't want separate tools for scheduling, insurance verification, and billing,” said Xavier de Gracia, Co-Founder and Co-CEO of Prosper AI. “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.”

Founded in 2023 by Xavier de Gracia and Josep Mingot, Prosper AI is an AI-powered platform that helps healthcare providers manage patient access more efficiently. It can automatically schedule appointments, verify insurance coverage and process patient billing through a single system.

The platform is currently used by more than 50 outpatient healthcare groups and supports over 150,000 healthcare providers across 25+ medical specialties. It also connects with major electronic health record (EHR) systems such as athenahealth, ModMed, Veradigm, ECW, and ImagineSoftware, making it easier for healthcare organizations to manage patient information and workflows.