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Substrate Analysis: $8M Raised

What is Substrate?

Substrate offers AI solutions that automate data entry and click-work in medical billing, enhancing efficiency and minimizing errors for revenue cycle management teams.

Founded
2024
Revenue
$13-20M
Company Stage
Seed
YC Batch
S24

Product Features & Capabilities

  • Autonomous agent for billing management, comprehensive eligibility checks, automated claims monitoring, medical necessity automation, billing copilot for productivity enhancement, seamless integration with existing systems, real-time agent tracking, continuous operation of AI agents.

How much Substrate raised

Seed - $8 million

June 20, 2024
Lead Investor: Lightspeed Venture Partners, South Park Commons, Craft Ventures, Guillermo Rauch (Vercel), Immad Akhund (Mercury), Will Gaybrick (Stripe), and others.

Who are the founders of Substrate

AO

Ayo Omojola

Founder, Chief Product Officer at Carbon Health

Investors

  • Craft Ventures
  • Guillermo Rauch
  • Immad Akhund
  • Lightspeed Venture Partners
  • Lorimer Ventures

Find more companies like Substrate

in Y Combinator batch S24 companies

Financial Overview

$13-20MEstimated Revenue
$8MTotal Raised
Seed$8 million
June 20, 2024
Investors: Lightspeed Venture Partners, South Park Commons, Craft Ventures, Guillermo Rauch (Vercel), Immad Akhund (Mercury), Will Gaybrick (Stripe), and others.
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