Alaffia Health is an artificial intelligence-powered platform founded in 2020 that helps automate review and reduce waste in health insurance claims for health plans [1][3]. The company is headquartered in New York, New York [11]. Its product Ask Autodor functions as a co-pilot for health insurance claims teams that enables clinicians and medical coders to complete complex facility claim reviews up to 20 times faster, covering utilization management, payment integrity, special investigations and appeals [8]. The platform extracts key clinical facts from medical records and other documentation and compares those facts against what the provider billed [7]. As of April 2024, Alaffia Health had raised $17.6 million in total capital, including a $10 million Series A round led by FirstMark Capital [6]. In February 2026, the company announced a $55 million Series B round led by Transformation Capital, bringing total funding to more than $73 million [5]. The company reports it has saved health plans $120 million in medical costs [9].
Funding
- Series B, $55MFeb 3, 2026
with Transformation Capital
Key people
Funding history
- Alaffia Health announced a $55 million Series B round led by Transformation Capital on February 3, 2026, with participation from FirstMark Capital, Tau Ventures and Twine Ventures, bringing total funding to more than $73 million.[5]
- Alaffia Health announced a $10 million Series A round led by FirstMark Capital on April 24, 2024, with participation from GingerBread Capital, Anthemis, Aperture Venture Capital, 1984 Ventures, Remarkable Ventures and Tau Ventures, bringing total capital raised to $17.6 million at that time.[6]
Traction
- The company states it has saved health plans $120 million in medical costs, with more than 20 percent average savings on high-cost facility claims and 97 percent or higher accuracy on clinical fact extraction.[9]
- At the time of its Series A announcement the company said it had increased revenue 4x over the previous 12 months.[10]
Product
- The platform extracts key clinical facts from medical records and other documentation and then compares those facts against what the provider billed.[7]
- Its product Ask Autodor is a co-pilot for health insurance claims teams that lets clinicians and medical coders complete complex facility claim reviews up to 20 times faster, covering utilization management, payment integrity, special investigations and appeals.[8]
NYC headquarters
- Alaffia Health is headquartered in New York, New York, and offers hybrid work from its New York office.[11]
Backers
- FFirstMark Capital
NYC-based venture capital firm investing in early-stage technology companies
- FTransformation Capital
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