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Today: October 1, 2024
April 25, 2024
1 min read

Alaffia Health secures $10M investment for growth and expansion

TLDR:

  • Alaffia Health, a NYC-based company specializing in generative AI for health plan claim operations, raised $10M in funding.
  • The funding round was led by FirstMark Capital and included participation from GingerBread Capital and existing investors.

Alaffia Health, a company focused on generative AI for health plan claim operations, has successfully raised $10 million in funding. The round was led by FirstMark Capital and included participation from GingerBread Capital and existing investors such as Anthemis, Aperture Venture Capital, 1984 Ventures, Remarkable Ventures, and Tau Ventures. With this new funding, Alaffia Health plans to expand its commercial presence and invest further in advanced AI research and product development. The company’s CEO, TJ Ademiluyi, leads the team in developing Autodor, a co-pilot for health insurance claims teams that aims to streamline operations and reduce claim spending. This funding round signifies confidence in Alaffia Health’s innovative AI solutions for the healthcare industry.

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