Atlas Health, a Seattle, Washington-based leader in philanthropic medical financial aid, announced that it raised $40 million in Series A financing round led by Felicis Ventures.
The investment round also includes participation from GreatPoint Ventures and Tribe Capital, along with existing investors Global Founders Capital and MBX Capital.
The new financing brings Atlas Health’s total funding to $44.5M and will be used to meet explosive growth demands, accelerate its go-to-market strategy, and further its mission to save and improve lives by removing economic barriers to healthcare.
Company: Atlas Labs, Inc.
Round: Series A
Funding Month: January 2022
Lead Investors: Felicis Ventures
Additional Investors: GreatPoint Ventures, Tribe Capital, Global Founders Capital, and MBX Capital
Company Website: https://atlas.health/
Software Category: end-to-end AI-powered patient advocacy solution
About the Company: Atlas Health, the leader in philanthropic medical financial aid, saves and improves lives by empowering hospitals and health systems to match, enroll, and collect from over 20,000 patient assistance and health equity programs through Atlas Navigator, an end-to-end AI-powered patient advocacy solution. Patients access and afford the care they need, and hospitals and health systems secure reimbursement for care delivered. In 2021, Atlas Health completed its System and Organization Controls (SOC) 2 examination and refined integrations with leading EHR providers, including Epic, Cerner, Meditech, and Allscripts. The company signed new multi-year contracts with numerous hospitals and health systems while empowering existing customers to secure up to 5x in program reimbursements year-over-year.