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Anterior grabs $20M from NEA to expedite health insurance approvals with AI

Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million

Anterior grabs $20M from NEA to expedite health insurance approvals with AI

Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million post-money valuation led by NEA, according to two people familiar with the deal. Existing investors Sequoia, which led Anterior's $3.2 million seed round last September, and Neo, an accelerator that helped the company launch in the summer of 2022, also participated in the Series A financing. The round also included a host of angel investors, including Mustafa Suleyman, a DeepMind and Inflection AI co-founder who was hired by Microsoft in March to lead the tech giant's consumer AI division.

Anterior grabs $20M from NEA to expedite health insurance approvals with AI

: Infographic: 5 Prior Authorization Updates For Payers

Many health systems and patients have struggled with prior authorization procedures.

Humana Expands Prior Auth. Partnership With Cohere Health