Care.fi Raises $8 Million in Series A Funding for AI Revenue Cycle Platform Expansion
Care.fi, a healthcare fintech startup, has raised $8 million in Series A funding to scale its AI revenue cycle platform. The round includes $5 million in equity led by July Ventures and $3 million in debt from Trifecta Capital and Vivriti. The funds will support expansion into Indian cities, international growth in the US and Middle East, and product development. Care.fi recently acquired Aldun to enhance discharge automation in hospitals.
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Care.fi has secured $8 million in a Series A funding round to enhance its AI-led revenue cycle platform. The funding consists of $5 million in equity led by July Ventures, with participation from Peak XV Partners, Accion Venture Lab, and Sadev Ventures, along with $3 million in debt from Trifecta Capital and Vivriti.
The startup plans to use the capital to expand operations in India, accelerate international growth in the US and Middle East, and invest in product development. Care.fi also acquired Aldun to improve discharge automation, aiming to increase automated discharges from 10,000 to nearly 100,000 per month.
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