Red Sky Health Secures $3M in Seed Funding to Optimize Healthcare Claims Management

Company Name: Red Sky Health
Location: Boston, MA
Industry: Health tech

Funding Details:

Amount: $3M (Seed)
Investors: Trevor Burgess (Lead), Charles River Data, Gleb Drobkov, Mike Dezube

Purpose of Investment:
The funds will be used to:

• Expand Red Sky Health’s footprint across the U.S.
• Strengthen partnerships with healthcare providers.
• Enhance the engineering team to further integrate its flagship technology, Daniel, into existing healthcare workflows.

Leadership:
CEO: Dean Margolis

Product:
Red Sky Health’s Daniel platform is a machine learning-powered solution designed to optimize healthcare claims management. Key features include:

• Historical Claims Analysis: Identifies errors and inefficiencies in claims.
• Streamlined Resubmission: Simplifies processes to recover lost revenue quickly.
• Resource Optimization: Enhances operational and financial efficiency for healthcare providers.

About the Company:
Red Sky Health leverages AI and advanced analytics to drive operational excellence in healthcare claims management. Its innovative technology not only helps providers recover revenue but also empowers patients through improved resource allocation and streamlined processes.

With its seed funding, Red Sky Health is set to scale its impact, offering cutting-edge solutions to healthcare providers nationwide.