Banjo Health provides a prior authorization decision support platform for health plans and pharmacy benefit managers
Business Model:
Revenue: $3M
Employees: 11-50
Address: -
City: Boston
State: MA
Zip: 02111
Country: US
Banjo Health is developing a prior authorization decision support platform for health plans and pharmacy benefit managers (collectively “payers”). We leverage artificial intelligence and machine learning to customize the platform to each payer’s specific prior authorization criteria. Through our integration with the provider’s electronic health records, we are able to directly draw from the prescribers notes to drive accurate decisions while reducing the administrative burden on the payer’s and provider’s staff. This will effectively reduce the time-to-decision, improving member satisfaction and clinical &a; cost outcomes.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2022 | Venture Round | $2M | 5/2019 | Pre Seed Round | 1 | - |
Spark Growth Ventures Spark Growth Ventures |
9/2022 | Equity | $2M | 7/2021 | Series A | $5M |
Epsilon Health Investors https://www.sparkgv.com/ Tau Ventures |
7/2021 | Series A | 3 | - |
Epsilon Health Investors Spark Growth Ventures Tau Ventures Epsilon Health Investors Spark Growth Ventures Tau Ventures |
7/2021 | Series A | 3 | - |
Epsilon Health Investors Spark Growth Ventures Tau Ventures Epsilon Health Investors Spark Growth Ventures Tau Ventures |
5/2019 | Pre Seed Round | 1 | - |
Spark Growth Ventures Spark Growth Ventures |
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