# Phare Health

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

- Industry: Software
- Headquarters: London, UK
- Website: www.phare.health
- Total disclosed funding: $3.1M
- Latest round: Seed (Nov 15, 2023)
- Investors on record: 3

## About

Based in London, UK, and founded in 2023, Phare Health Ltd, a.k.a. Phare Health operates as a developer of software for hospitals, allowing them to manage and monitor their finances and cashflows. In November 2023, Phare Health Ltd. raised GBP 2.5 million in seed funding led by General Catalyst Partners, with participation from KHP Ventures and Bertelsmann Investments. As of November 2023, Martin Senevirantne and Lee Kupferman are co-CEOs of the company.

The company provides artificial intelligence-enabled hospital administration and revenue cycle management software for the back office to address the challenges of healthcare finance and improve outcomes for hospitals, clinicians, and patients. The software can be integrated into back-office systems while prioritizing data privacy, data security, and information governance.

The company plans to use its proceeds from November 2023 funding to expand its artificial intelligence-native financial operating system for healthcare organizations.

## Funding rounds

- Seed, Nov 15, 2023, $3.1M — General Catalyst Partners, Meridian Health Ventures, Bertelsmann Investments

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed
- Meridian Health Ventures (https://capitalatlas.ai/funds/meridian-health-ventures) — Seed
- Bertelsmann Investments (https://capitalatlas.ai/funds/bertelsmann-investments) — Seed