PriorAuthNow

Healthcare ITSeries CColumbus, USpriorauthnow.com

Latest round

Series C

Last raised

Feb 2022

Total raised

$36M

Investors

5

About PriorAuthNow

PriorAuthNow, Inc.PriorAuthNow, Inc. simplifies the prior authorization process for healthcare providers and insurance companies. Founded in 2016 in Columbus, US, the company has successfully completed 8 deals with its most recent deal occurring on February 14, 2022.PriorAuthNow offers a sophisticated software platform designed to automate and expedite the verification of insurance coverage for prescribed treatments and services. By integrating with existing electronic health records and insurance databases, it enables healthcare professionals to submit prior authorization requests efficiently, thereby reducing administrative burdens and improving patient care timelines.PriorAuthNow generates revenue primarily through a subscription-based model tailored for healthcare providers and insurance companies. Clients can select from various subscription tiers, which may include additional features like analytics and reporting tools. Transactions typically involve annual contracts with upfront payments for platform access and ongoing support, reflecting the platform’s value in reducing administrative costs and improving operational efficiency for users. The company is targeting expansion into new geographical regions and plans to launch new products aimed at enhancing its service offerings, although specific regions and product release dates have not been disclosed.

Who invested in PriorAuthNow

5 investors across 2 rounds

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Funding rounds

  1. Series C

    Feb 14, 2022

    Amount

    $25M

    Investors

    Locked

  2. Series A

    May 15, 2018

    Amount

    $11M

    Investors

    Locked

Questions about PriorAuthNow

Who invested in PriorAuthNow?

PriorAuthNow has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has PriorAuthNow raised?

PriorAuthNow has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did PriorAuthNow last raise money?

PriorAuthNow's most recent round on record is a Series C, in Feb 2022.

What does PriorAuthNow do?

PriorAuthNow is a healthcare it company.

Where is PriorAuthNow headquartered?

PriorAuthNow is headquartered in Columbus, US.

Which VCs invest in companies like PriorAuthNow?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at PriorAuthNow's stage. Their profiles are linked below.

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