Assured, AI-powered provider network management platform built for healthcare organizations, has raised $6 million in seed funding. The round was led by First Round Capital with participation from Kindred Ventures and angel investors, including the founders of Grow Therapy, Atria, and Airbase.
Assured automates provider licensing, credentialing, payer enrollment, and compliance monitoring processes that often take 60-120 days when handled manually. By replacing spreadsheets and fragmented systems with AI-driven workflows, Assured reduces these timelines to weeks or days.
The platform is used by organizations including Houston Methodist, Berry Street, Summer Health, and Platinum Dermatology. Over the past six months, Assured has tripled revenue and grown its customer base 30% month-over-month. Customers report a 45-day acceleration in time-to-revenue per provider, over 250,000 hours of administrative work saved, and 100% audit pass rates.
“Healthcare organizations are no longer willing to accept months-long credentialing delays as the status quo. This funding allows us to scale a platform that ensures providers can see patients, and organizations can realize revenue, without unnecessary administrative barriers.” ~ Varun Krishnamurthy, co-founder and CEO.
Assured was founded by Krishnamurthy and Rahul Shivkumar, who previously scaled a virtual healthcare clinic to more than 150 providers across 15 states and experienced credentialing delays firsthand.
The company will use the capital to expand its team, support customer growth, and further develop AI capabilities for provider operations.
