State of play: Health-tech infrastructure
Mar 9, 2023
Last updated March 7, 2023
Infrastructure building startups offer services including streamlining treatment approvals, handling bookkeeping and payroll tasks, and helping organizations build custom health plans.
- Two early Brex engineers launched Opkit, and collected $1 million in seed funding from Global Founders Capital, Mischief, Socially Financed, Y Combinator and former Andreessen Horowitz partner Rex Salisbury
- Custom health plan builder Flume Health in March 2022 raised $30 million in Series A funding at a $100 million valuation.
- Rhyme (FKA PriorAuthNow), a startup focused on streamlining prior authorizations, in February 2022 collected $25 million.
- Heard, a startup that handles administrative tasks for behavioral health providers, in May pulled in $10 million in Series A capital.