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Develop Health
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AI-driven medication access and authorization automation
Develop Health
Work Here?
AI-driven medication access and authorization automation
Overview
Develop Health builds AI-powered software that streamlines medication access for healthcare providers and patients. Its core product is an AI-driven platform that automates the prior authorization process. It includes a Benefit Verification tool that processes patient insurance card images and a Clinical Eligibility tool that autofills clinical information, reducing form completion time by over 80%. The platform helps clinicians and staff cut administrative workload and speed up medication access workflows. Unlike generic automation vendors, Develop Health concentrates on the medication authorization and eligibility workflow in healthcare settings, delivering targeted automation for insurance verification, prior authorization, and clinical data entry. The company’s goal is to improve efficiency in medication access and reduce administrative burden for healthcare organizations.
About Develop Health
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$16.1M
Headquarters
San Francisco, California
Founded
2022
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Simplify's Take
What believers are saying
- Develop Health says revenue surpassed $10 million ARR in under two years.
- Aging prior authorization pain supports expansion after the August 2025 Wing-led Series A.
- The January 2026 CMS rule creates urgency for faster prior authorization vendors.
What critics are saying
- CMS interoperability rules force payer APIs by January 1, 2027, compressing differentiation.
- PBMs and payers can copy workflow automation, squeezing pricing before 2027 integrations.
- A single major customer loss would dent ARR because telehealth concentration looks high.
What makes Develop Health unique
- Develop Health embeds AI prior authorization inside EHR workflows, not separate portals.
- The platform automates benefit verification, fax parsing, and omni-channel submissions across PBM rules.
- Ro, LifeMD, Sunrise, and Calibrate validate telehealth demand for medication access automation.
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Funding
Total Funding
$16.1M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 4%1 year growth
↑ 8%2 year growth
↑ 13%Develop Health announced a $14.3 million Series A funding round led by Wing Venture Capital, with participation from Afore Capital, J Ventures, and South Park Commons, bringing total funding to $17.6 million. The company offers an EHR-integrated platform using generative AI to automate prior authorization and medication access.
Develop Health has raised $14.3 million in a Series A round led by Wing Venture Capital, bringing total funding to $17.6 million. The company uses GenAI to automate benefit verification and prior authorization, reducing treatment delays and manual work. The funding will help expand its platform beyond digital health into the medical benefit market and enhance EHR and PBM integrations. Develop Health aims to streamline medication access, improving provider efficiency and patient experience.
San Francisco-based Develop Health, a benefits verification and prior authorization platform, has secured $14.3 million in Series A funding, bringing its total raise to $17.6 million.
Develop Health is Hiring for 5 Jobs on Simplify!
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About Develop Health
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$16.1M
Headquarters
San Francisco, California
Founded
2022
Develop Health is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today