Well being tech firm Milu raises $4.8 million in seed funding
Milu Well being, an AI-powered healthcare know-how supplier seeking to make healthcare reasonably priced for workers and employers, has secured $4.8 million in its Seed funding spherical.
The spherical was led by enterprise capital agency Andreessen Horowitz's Bio + Well being fund (or a16z). Different buyers joined the corporate, together with BoxGroup, PagsGroup and 81 Assortment.
Based in 2023 by Sasha Gribov and Gautam Kumar, Milu offers a platform that integrates instantly with sufferers' well being information, figuring out alternatives to entry healthcare at extra reasonably priced costs.
The corporate plans to make use of the brand new capital injection to additional develop its know-how platform and develop current operations.
In accordance with Milu, the corporate's know-how, supported by a nursing workforce, proactively helps sufferers discover higher high quality and worth healthcare when sufferers join their medical information to Milu's platform.
This contains discovering moderately priced, high-quality medical doctors, disputing incorrect medical payments, and having access to extra reasonably priced drugs.
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Moreover, Milu's system information particulars in regards to the employer's healthcare plan, so staff are notified of helpful companies, corresponding to continual situation administration or digital well being functions.
The corporate stated it has built-in digital well being report (EHR) knowledge from greater than 40,000 supplier teams and well being care programs over the previous yr, permitting the platform to ship notifications to sufferers nicely upfront as they make important care selections.
Moreover, Milu has fashioned partnerships with greater than a dozen employers to broaden worker entry to its AI-powered well being financial savings platform.
Gautam Kumar stated, “There are such a lot of cracks in our healthcare system that thousands and thousands of sufferers are falling by way of, resulting in an exponential improve of their healthcare prices – usually only for routine physician visits, crucial medicines or different procedures.
“At Milu, we constructed our know-how and affected person engagement platform to seize these sufferers and discover methods to save lots of them prices in as some ways as attainable all through the complete care journey.”
Gribov added, “By leveraging EHR knowledge, our platform offers value financial savings to sufferers in actual time, proper after they see their physician.”
