CONNECT WITH US
Funding Tracker

Funding Tracker

Z47 leads $12.5 Mn Series A round in Confido Health

Entrackr logo

Published on

Add as a preferred source on Google
Z47 leads $12.5 Mn Series A round in Confido Health

Healthtech startup Confido Health has raised $12.5 million in a Series A funding round led by Z47, with participation from existing investors Together Fund and Blume Ventures. The round follows a $10 million Series A round announced in September.

The startup had previously raised $3 million in a seed round led by Together Fund in December 2024.

The proceeds will be used to scale its AI platform for healthcare operations, Confido Health said in a press release.

Founded in 2022 by Chetan Reddy and Vichar Shroff, Confido Health develops AI agents to manage tasks such as appointment scheduling, insurance verification and care coordination. The agents integrate with existing healthcare systems through no-code deployment, with the company claiming a setup time of less than five minutes.

Confido Health said its platform integrates with more than 50 systems, including electronic health records, practice management, phone, billing and fax systems, without requiring healthcare providers to change their existing technology stack.

The company said it operates across more than 1,500 care sites, primarily independent practice groups, in 27 states and serves around 3,200 providers. It added that one in 50 patients can now access their healthcare providers through its AI agents.

The platform uses patient details, referral information and payer requirements collected during intake to manage subsequent tasks such as outreach and scheduling. According to the company, this allows a single interaction to trigger multiple workflows, including referrals, appointments, prescription refills and payments.

Confido Health said it has recorded 15x growth since its previous funding round and achieved AI handle rates of more than 95% across key end-to-end office workflows.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.