Silna Health Raises $27M to Automate Prior Auth and Revenue Cycle Ops with AI
Serving providers across the country, Silna Health has become an essential platform for specialty care clinics such as ABA therapy centers, occupational therapy providers, and cardiac rehab facilities.
Company Name: Silna Health
Location: New York, NY
Industry: Health Tech
Funding Details:
- Amount: $27M total
- Seed Round: $5M (led by Accel and Bain Capital Ventures)
- Series A: $22M
- Investors:
- Lead: Accel, Bain Capital Ventures
- Participants: Angel investors including the co-founders of Ramp, Opendoor, Truework, and Eight Sleep
Purpose of Investment:
- Scale operations nationwide
- Enhance AI capabilities for automating prior authorization, benefit checks, and eligibility verification
- Expand market reach among specialty healthcare providers
Leadership:
- CEO & Co-founder: Jeffrey Morelli
Product:
Silna Health offers an AI-powered revenue cycle management platform designed to eliminate insurance claim denials due to administrative hurdles like prior authorizations. It automates benefit verification and eligibility checks, giving specialty healthcare providers an intelligent and seamless workflow.
About Company:
Serving providers across the country, Silna Health has become an essential platform for specialty care clinics such as ABA therapy centers, occupational therapy providers, and cardiac rehab facilities. With $27M in total funding, the company is focused on reducing revenue leakage and accelerating reimbursements by modernizing healthcare administration with AI.
