Medical AI startup Prosper AI has completed a $30 million Series A funding round, led by a16z

On June 22nd, healthcare AI startup Prosper AI closed a $30 million Series A funding round, led by Andreessen Horowitz (a16z), with participation from investors including Base10 Partners, Emergence Capital, and Y Combinator. The round brings the company’s total capital raised to approximately $36.6 million. Prosper AI developed an AI voice assistant to streamline the full patient visit workflow, covering everything from appointment scheduling and insurance verification to payer communications and billing. To date, its platform has served over 150,000 healthcare providers nationwide. The firm points out that the U.S. healthcare system wastes more than $450 billion annually due to administrative inefficiencies. Prosper AI’s AI system centralizes key processes from appointments to payments on a single platform, reducing the costs providers incur when switching between disparate tools. Since its previous funding round last September, Prosper AI has seen revenue grow roughly fivefold and has partnered with major healthcare IT platforms such as Athenahealth and ImagineSoftware. Lead investor a16z noted that the healthcare industry is moving away from siloed “point automation tools” toward end-to-end process automation. For Prosper AI, the core goal is to eliminate all administrative friction between patient visits and payment processing.