Mandolin

Mandolin

AI-driven automation for specialty drug access

Overview

Mandolin provides an AI-driven automation platform for the specialty pharmaceutical market. Its system uses AI agents that act as a digital workforce and plug into existing EHRs, payer portals, and manufacturer hubs to handle back-office tasks for infused and injected drugs. These agents automate steps like benefits verification, insurance navigation, prior authorizations, parsing documents, and billing to manage the patient access workflow from referral to reimbursement. The platform targets infusion centers, specialty pharmacies, and health systems, aiming to shorten delays to treatment, reduce operating costs, and improve revenue cycle management.

Significant Headcount Growth

About Mandolin

Simplify's Rating
Why Mandolin is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Healthcare

Company Size

11-50

Company Stage

Series A

Total Funding

$40M

Headquarters

New York City, New York

Founded

2024

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Simplify's Take

What believers are saying

  • Mandolin raised $40 million in June 2025 from Greylock, SignalFire, Maverick, and SV Angel.
  • It reports deployment across 700 clinic locations and 250,000 new patients annually.
  • The company says it reduces authorizations from weeks to days, directly improving provider revenue and patient access.

What critics are saying

  • CoverMyMeds, Waystar, and Cohere already control adjacent workflow layers and buying relationships.
  • Mandolin's 2025 launch leaves little proof of durable retention, expansion, or switching costs.
  • If payer portals or EHR vendors bundle similar agents, Mandolin becomes a feature, not a company.

What makes Mandolin unique

  • Mandolin automates end-to-end specialty-drug access, not just prior authorization workflows.
  • Its agents work inside EHRs, payer portals, and fax systems without integrations.
  • It targets infusion centers and specialty pharmacies, a painful niche with high administrative load.

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Funding

Total Funding

$40M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$32M
Mandolin

Benefits

Relocation Assistance

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%
Business Wire
Jun 26th, 2025
Mandolin Raises $40M to Improve Access to Life-Saving Therapies for Diseases like Cancer and Alzheimer's Using AI Agents

Mandolin, the leading AI automation platform for specialty drug access, announced that it has raised $40 million in funding from Greylock Partners, SignalFir...

FinSMEs
Jun 26th, 2025
Mandolin Raises $40M in Funding

Mandolin raises $40M in funding.

MarketScreener
Jun 25th, 2025
Mandolin raises $40M for insurance tech

Health-care companies saw gains as traders turned to defensive sectors amid geopolitical and inflation concerns. Mandolin, a startup aiding health-care providers in verifying insurance coverage for specialty drugs, secured $40 million in seed and Series A funding.

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