Check out today’s featured companies who have recently raised a round of funding, and be sure to check out the full list of past healthcare IT fundings.
Alaffia Health Raises $55M to Tackle Healthcare’s $570 Billion Waste Problem
Funding Round Led by Transformation Capital to Accelerate AI Adoption Across Health Plan Operations
Alaffia Health, the leader in agentic AI for health plan claims operations, today announced a $55 million Series B financing, led by Transformation Capital, with participation from insiders including FirstMark Capital, Tau Ventures, and Twine Ventures. The round brings Alaffia’s total funding to more than $73 million.
As health plans face rising medical costs, increased regulatory scrutiny, and up to $570 billion in estimated annual administrative waste, demand is growing for AI that can deliver savings without introducing compliance or provider-relations risk. Founded in 2020 by sibling duo TJ Ademiluyi and Adun Akanni, Alaffia was built to address these challenges, drawing on firsthand experience growing a family business focused on revenue cycle management.
Driving Compelling Savings and Operational Efficiency for Health Plans
Today, Alaffia partners with leading regional and national health plans to help them scale clinical review capacity and unlock significant savings. Alaffia has delivered millions of dollars in medical cost savings, reduced turnaround times from weeks to days, and improved consistency across findings.
By pairing expert clinicians with AI that forensically evaluates claims against the complete patient medical record, Alaffia enables faster, more accurate, and more defensible outcomes across the entire claims lifecycle. Its solutions have delivered 20%+ average savings on high-cost facility claims and 5x+ ROI for leading health plans.
“Health plans are under immense pressure to reduce administrative costs and drive affordability for their members, and like many industries, they’re starting to see the value of emerging AI solutions,” said TJ Ademiluyi, Co-Founder and CEO at Alaffia…
Full release here, originally announced February 3rd, 2026.
AnswersNow Completes $40M Series B to Expand BCBA-Driven, AI-Enabled Autism Therapy
AnswersNow, the leader in virtual Applied Behavioral Analysis (ABA) therapy, today announced that it has raised $40 million in Series B funding led by HealthQuest Capital, with participation from existing investors Left Lane Capital, Owl Ventures, and others. AnswersNow delivers clinically proven outcomes in one-sixth the hours of traditional therapy, creating substantial cost savings for payors while delivering superior results for families.
This new capital will be used to aggressively scale the AnswersNow platform and team to meet demand for its autism support services. The company plans to double its clinical staff, make new leadership team hires, and roll out new service offerings in the coming months. It will also continue to invest in artificial intelligence (AI) capabilities to drive personalization and efficiency.
Superior Outcomes with 85% Fewer Therapy Hours
AnswersNow’s AI-enabled platform connects Board-Certified Behavioral Analysts (BCBAs) with families from anywhere in the country for highly personalized 1:1 virtual therapy sessions. This innovative model has revolutionized autism care by achieving significant improvements in Vineland Scores within just six months while requiring only 4-5 hours of therapy per week, compared to the 30+ hours required by traditional, in-person ABA therapy. This dramatic reduction in necessary therapy time delivers cost savings of up to 75% for insurance providers and Medicaid plans, making high-quality autism care financially sustainable for the healthcare system.
“The data shows that by exclusively using Master’s- and PhD-level BCBAs for targeted parent training, in combination with our AI-enabled, focused therapy for children, we can achieve equal or better outcomes at a fraction of the time and cost,” said AnswersNow CEO Jeff Beck. “Our powerful care-delivery model makes proven autism therapy accessible for families and financially sustainable for payors.”
Personalized AI Modules Adapt to Each Child’s Unique Learning Needs
A key driver of AnswersNow’s impact is a proprietary AI platform that creates individualized learning modules tailored to each child’s specific interests and affinities. This helps AnswersNow BCBAs continuously adapt content based on a child’s engagement patterns, ensuring sessions align perfectly with what motivates each unique child.
“The power of our platform is its ability to recognize and adapt to each child’s natural affinities,” Beck continued…
Full release here, originally announced January 21st, 2026.
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