Silna Health

Silna Health

Automates administrative processes for healthcare providers

About Silna Health

Simplify's Rating
Why Silna Health is rated
C+
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Robotics & Automation

Healthcare

Company Size

1-10

Company Stage

Series A

Total Funding

$27M

Headquarters

New York City, New York

Founded

2023

Overview

Company Does Not Provide H1B Sponsorship

Silna Health focuses on improving the efficiency of healthcare providers by automating administrative tasks. Their services include automated solutions for benefits checks, prior authorization, and patient eligibility verification. This automation helps reduce the workload on clinical staff, allowing them to spend more time on patient care, which can lead to better patient outcomes. Unlike many competitors, Silna Health specifically targets the administrative challenges faced by clinics, hospitals, and other healthcare facilities, enabling them to onboard more patients and grow their practices. The company's goal is to enhance operational efficiency in healthcare settings, ultimately improving the quality of patient care.

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Simplify's Take

What believers are saying

  • Raised $27 million to address America's prior authorization crisis.
  • AI-driven predictive analytics aligns with operational efficiency goals.
  • Telehealth rise increases demand for automated administrative solutions.

What critics are saying

  • Increased competition from startups offering similar AI solutions.
  • Regulatory scrutiny may increase compliance costs and operational challenges.
  • Data privacy concerns could lead to reputational damage and legal liabilities.

What makes Silna Health unique

  • Silna Health automates benefits checks, prior authorizations, and eligibility verification.
  • Focuses on reducing administrative burdens to improve patient care and outcomes.
  • Offers subscription-based services to healthcare providers for operational efficiency.

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Funding

Total Funding

$27M

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
$22M
Silna Health
$30M
Kalshi

Benefits

401(k) Company Match

Unlimited Paid Time Off

Company News

Business Wire
Mar 26th, 2025
Silna Health Announces $27 Million in Funding to Tackle America's Prior Authorization Crisis

Silna Health, which uses AI to manage prior authorization, benefit checks and eligibility verification, today announced it has raised $27 million in total fu...

AlleyWatch
Mar 26th, 2025
The AlleyWatch Startup Daily Funding Report: 3/26/2025

Silna Health, an AI-powered insurance eligibility verification platform, has raised $22M in Series A funding led by Accel and Bain Capital Ventures.

TradingKey
Mar 25th, 2025
Silna Health Raises $22 Million In Series A Round

Silna health raises $22 million in series A round.

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Silna Health is Hiring for 6 Jobs on Simplify!

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Silna Health is Hiring for 6 Jobs on Simplify!

Find jobs on Simplify and start your career today

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