Raised $2.4M Pre-Seed Funding

Basys accelerates the prior authorization process, reducing insurance costs, improving patient outcomes, and allowing doctors to prioritize patient care. Raised $2.4M Pre-Seed Funding

Funding led by: Nina Capital
Participation from: Eli Lilly’s Lilly Ventures, Mayo Clinic, Two Lanterns Venture Partners, Asset Management Ventures, and Chaac Ventures
Total Funding Amount: $2.4m
Funds Use: To expand operations and further its development efforts

About: Basys, headquartered in Cambridge, MA, is a healthtech startup. The company has designed a platform that streamlines financial distribution for payers and health plans, primarily through prior authorization and utilization management.