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Lassie builds autonomous AI agents to handle administrative tasks for small medical and dental practices, focusing on automating revenue-cycle workflows. The system directly accesses clinic insurance portals to retrieve reimbursement data, reconcile accounts, match payments to claims, update the practice's records, and verify bank funds. It integrates with existing practice software, complies with HIPAA data handling, and aims to replace repetitive back-office labor rather than merely adding tools. Lassie serves hundreds of practices across 49 states, saving around 30 hours per month per practice (with larger clinics saving over 100 hours) and pursuing scalable, HIPAA-compliant administrative automation for healthcare.
Industries
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$35M
Headquarters
San Francisco, California
Founded
2020
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Total Funding
$35M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
H1 Receives $40M Investment in Round Led by CVS Health Ventures | Lassie Raises $35M Led by Andreessen Horowitz. June 29, 2026 Check out today's featured companies who have recently raised a round of funding, and be sure to check out the full list of past healthcare IT fundings. H1 Receives $40M Investment in Round Led by CVS Health Ventures H1 Helps Healthcare Players Transform Operations with AI H1 recently received a $40M investment in a round led by CVS Health Ventures, the venture capital investment platform of CVS Health dedicated to driving health care innovation and digital disruption. The investment follows several successful projects that CVS Health and H1 have collaborated on, including a new AI model leading to a substantial improvement in health care provider directory accuracy, helping people connect with health care providers more quickly. "CVS Health has a long-standing commitment to improving access to care, and this collaboration represents another step in our mission to develop industry-leading solutions that simplify the healthcare experience," said Justin Brock, Partner at CVS Health Ventures. "We are excited to see how H1's data and AI capabilities can further drive efficiency and improve the consumer experience across the healthcare ecosystem." H1's mission is to connect the world to the right doctor. The company is known for its AI-powered platform that helps identify and engage the right doctors for critical workflows across pharmaceutical, health plan, health system, and technology companies. 85% of the top 20 pharma companies and 9 out of 10 of the top health plans are H1 customers. The fast-growing company is profitable and well on its way to operating as an above Rule of 40 company in 2026. "This collaboration with CVS Health Ventures further enables H1 to achieve its mission of connecting the world to the right doctor," said Ariel Katz, Co-Founder and CEO at H1... Lassie Raises $35M Led by Andreessen Horowitz to Build AI for Small Businesses to Run Themselves Founded by Early Robinhood and Superhuman Product Managers, Lassie is Working on Autonomous Systems that Handle the Busywork Currently Operating in 700+ Small Businesses Across 49 States, Providing Business Owners with Over 250,000 Hours of Labor Each Year Lassie, the company building autonomous systems to run small businesses, announced it has raised $35 million in Series A financing, bringing its total capital raised to $47 million. The round was led by Andreessen Horowitz (a16z) with support from Night Capital, Rahul Vohra, Founder and former CEO at Superhuman, Zach Perret, Co-Founder and CEO at Plaid, Taavet Hinrikus, Co-Founder and former CEO at Wise, Gokul Rajaram, and Brian Balfour, Co-Founder and CEO at Reforge. AI can do a lot today. It writes software, passes bar exams, and generates realistic videos from simple prompts. But it can do so much more. It can help millions of small business owners by handling their busywork. Up until now, software has not removed this painstaking administrative work and has merely rearranged it. For the first time, software can interpret messy context, move across the endless systems that small businesses have, and do that work for an owner. Nowhere is this more apparent than in doctors' offices, the largest type of small businesses behind retail and food and beverage. A typical practice loses 100+ hours a month to administrative work and spends roughly $200,000 a year on staff that owners can barely find, let alone keep. Today, Lassie's agent goes into a practice's insurance portals, pulls reimbursements, reconciles them against records, updates the system-of-record, and verifies the funds in the bank. Operating in more than 700 practices across 49 states, Lassie currently provides businesses owners with over 250,000 hours of labor each year. "Small business owners should be freed up from doing busywork, so they can focus on what they are passionate about," said Steijn Pelle, Co-Founder and CEO at Lassie...
Lassie, the company building autonomous systems to run small businesses, announced it has raised $35 million in Series A financing, bringing its total capita...
AI startup Lassie secures $35 million in Series A funding led by a16z. Phemex News 2026/06/03 22:09 AI company Lassie, founded by former Robinhood and Superhuman employees Steijn Pelle and Frédéric Renken, has raised $35 million in a Series A funding round led by a16z. The round also saw participation from Night Capital, the founders of Superhuman, Plaid, and Wise, bringing Lassie's total funding to $47 million. Lassie operates in over 700 dental clinics across 49 U.S. states, saving owners more than 250,000 hours of administrative work annually. The company's AI agents automate insurance claims and payment reconciliations, eliminating the need for manual processing. Alex Rampell, a general partner at a16z, has joined Lassie's board of directors. Disclaimer: The content provided on Phemex News is for informational purposes only. Phemex group do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. Phemex group strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
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Industries
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$35M
Headquarters
San Francisco, California
Founded
2020
Find jobs on Simplify and start your career today