Avelis Health Analysis: $500K Raised
What is Avelis Health?
Avelis Health specializes in using artificial intelligence to audit medical claims for self-insured employers. Their unique approach focuses on detecting billing errors and overpayments without disrupting employee benefits. This capability helps organizations reduce their annual health spending significantly, enhancing financial efficiency in healthcare management.
Employees
1-10
Founded
2025
Industry
SaaS, HealthTech, AI/ML
YC Batch
S25
Yc Partner
Jon Xu
Product Features & Capabilities
- AI-powered claim auditing for 100% post-payment review
- Machine learning models for identifying nuanced billing errors
- Comprehensive audit trails for compliance and fiduciary protection
- End-to-end management of provider appeals
- Real-time savings dashboard for tracking recovered funds.
Use Cases
Audit medical claims to identify billing errors; Reduce healthcare costs for self-insured employers; Manage provider disputes and appeals efficiently; Ensure compliance with ERISA regulations; Apply for financial assistance from non-profit hospitals.
How much Avelis Health raised
Funding - $500K
Who are the founders of Avelis Health
AO
Angel Onuoha
Co-Founder, CEO
AS
Ahmad Shehu
Co-Founder, CTO
See something that needs updating? Suggest edits to this profile.