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Alaffia Health
Healthtech company that uses machine learning to identify and eliminate fraud, waste, and abuse in healthcare claims
About Alaffia Health
Alaffia Health is a healthtech company that utilizes artificial intelligence and machine learning to automate the review of medical claims. The company offers a platform that analyzes healthcare claims for fraud, waste, and abuse before payment, aiming to reduce improper spending in the healthcare system.
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The company primarily serves healthcare payers, including health plans, third-party administrators (TPAs), and government agencies. By providing these organizations with tools to conduct pre-payment reviews, Alaffia Health helps to improve the accuracy of claims processing and reduce administrative overhead.
The business operates on a B2B model, providing its AI-powered software as a service to its clients. The platform is designed to integrate with existing claims operations, enhancing the efficiency of clinical and administrative staff. The company's revenue is generated through fees for the use of its claim review and payment integrity services.
At a glance
- Founded
- 2020
- Headquarters
- New York City, United States
- Sector
- Health Tech & Medtech
- Power Law
- Colt$25–100M revenue
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
Anthemis Group
1984 Ventures
Tau Ventures
Plug and Play
Twine Ventures
Remarkable Ventures
Aperture Venture Capital
Series A3 investors entered at this stage
FirstMark
GingerBread Capital
Transformation Capital
Series B and later3 investors entered at this stage
- TVTwine Ventures
- TCTransformation Capital
- EAEntrepreneurs Roundtable Accelerator
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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