# Nirvana Health

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

- Industry: Insurance
- Headquarters: New York, US
- Website: www.meetnirvana.com
- Total disclosed funding: $35M
- Latest round: Series A (Sep 12, 2024)
- Investors on record: 10

## About

Based in New York, US, and founded in 2020, Mental Health Solutions, Inc., trading under the name Nirvana Health, operates as a provider of an AI-based machine learning platform that enables its customers to manage and automate data such as insurance paperwork. The company was co-founded by Akshay Venkitasubramanian and Kelvin K Chan and is backed by investors including the Fund, RTP Seed Ventures, ENIAC Ventures, and Arc Ventures. In September 2024, Nirvana Health raised USD 24.2 million in series A funding Northzone, Eniac Ventures, Inspired Capital Partners, and Surface Ventures.

Mental Health Solutions offers financial services such as client billing, payment plans, and reimbursement service to healthcare. The company also helps therapists to manage their insurance paperwork.

The company generates revenue by paying their therapists $89 per month.

Nirvana will use the funding to develop its health insurance verification platform.

## Funding rounds

- Series A, Sep 12, 2024, $24M — Northzone, Eniac Ventures, Inspired Capital, Surface Ventures
- Seed, Nov 17, 2021, $7.5M — Eniac Ventures, Inspired Capital, RTP Seed Ventures, Arc Ventures
- Seed, Dec 21, 2020, $3.5M — Eniac Ventures, Alumni Ventures Group, Supernode Ventures, Everywhere Ventures, Two Culture Capital, RTP Seed Ventures

## Investors

- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Seed, Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Supernode Ventures (https://capitalatlas.ai/funds/supernode-ventures) — Seed
- Everywhere Ventures (https://capitalatlas.ai/funds/everywhere-ventures) — Seed
- Two Culture Capital (https://capitalatlas.ai/funds/two-culture-capital) — Seed
- RTP Seed Ventures (https://capitalatlas.ai/funds/rtp-seed-ventures) — Seed
- Inspired Capital (https://capitalatlas.ai/funds/inspired-capital) — Seed, Series A
- Arc Ventures — Seed
- Northzone (https://capitalatlas.ai/funds/northzone) — Series A
- Surface Ventures (https://capitalatlas.ai/funds/surface-ventures) — Series A