Daffodil Health Raises $4.6M in Seed Funding to Enhance AI-Powered Healthcare Pricing Solutions
Daffodil Health is focused on transforming healthcare administration through its AI-powered solutions, making pricing more efficient and transparent for payors and Third-Party Administrators (TPAs).
Company Name: Daffodil Health
Location: San Francisco, CA
Sector: Healthcare Technology, AI Software
Funding Details: Raised $4.6M in Seed funding. The round was led by Maverick Ventures, with participation from Epic Ventures.
Purpose of Investment: To expand operations and further development efforts.
Leadership: Led by CEO Navin Nagiah.
Product: Daffodil Health offers a SaaS platform for healthcare pricing and administration that utilizes AI to facilitate:
- Real-time repricing of claims based on the payor or TPA’s preferred pricing methodology.
- Configuration of complex pricing rules.
- Automatic benchmarking of repriced claims.
- Generation of detailed and defensible pricing rationales powered by AI and Large Language Models (LLMs).
About Company: Daffodil Health is focused on transforming healthcare administration through its AI-powered solutions, making pricing more efficient and transparent for payors and Third-Party Administrators (TPAs). The platform is designed to streamline claims processing and enhance financial operations within the healthcare sector.