# Basys.ai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/basys-ai

- Industry: Healthcare IT
- Headquarters: Cambridge, US
- Website: www.basys.ai
- Total disclosed funding: $2.2M
- Latest round: Seed (Jul 7, 2023)
- Investors on record: 12

## About

Founded in 2021 and based in Massachusetts, US, Basys.ai Inc. is a developer of artificial intelligence-powered healthtech software that helps hospitals and doctors track, forecast, and treat metabolic health consequences. Amber Nigam (CEO) and Jie Sun (COO) are the co-founders of the company. In August 2023, Basys.ai raised USD 2.2 million in venture funding from Nina Capital.

The company specializes in assisting health plans and health systems in adopting value-based care, with a primary focus on prior authorization. Basys.ai offers a comprehensive product that benefits payers by reducing administrative burdens, fostering relationships with providers, and improving costs through clinically appropriate guidelines. For providers, the firm's solution relieves operational burdens, automates prior authorization procedures, and enhances transparency by making health plan policies more accessible.

## Funding rounds

- Seed, Jul 7, 2023, $2.2M — Lilly Ventures, Asset Management Ventures, Mayo Clinic, Chaac Ventures, Harvard Innovation Labs, Nina Capital, Two Lanterns Venture Partners, North South Ventures, Celtic House Asia Partners, Phoenix Investment Club, Innopact, Norrsken Foundation

## Investors

- Lilly Ventures (https://capitalatlas.ai/funds/lilly-ventures) — Seed
- Asset Management Ventures (https://capitalatlas.ai/funds/asset-management-ventures) — Seed
- Mayo Clinic — Seed
- Chaac Ventures (https://capitalatlas.ai/funds/chaac-ventures) — Seed
- Harvard Innovation Labs — Seed
- Nina Capital (https://capitalatlas.ai/funds/nina-capital) — Seed
- Two Lanterns Venture Partners (https://capitalatlas.ai/funds/two-lanterns-venture-partners) — Seed
- North South Ventures (https://capitalatlas.ai/funds/north-south-ventures) — Seed
- Celtic House Asia Partners (https://capitalatlas.ai/funds/celtic-house-asia-partners) — Seed
- Phoenix Investment Club (https://capitalatlas.ai/funds/phoenix-investment-club) — Seed
- Innopact (https://capitalatlas.ai/funds/innopact) — Seed
- Norrsken Foundation — Seed