The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 4/9/22 featuring funding details for Lilt, Remote, Cottage,, and twenty-five other rounds representing $1.99B in new funding that you need to know about.
Hustle Fund
CertifyOS Raises $4.5M for its Platform That Makes Licensing and Credentialing Seamless with APIs
30% of total healthcare expenditures in the United States are the direct result of administrative costs. Digital adoption in parts of the healthcare system have alleviated some of the burden but work remains to be done to ensure seamless and efficient patient care experiences. CertifyOS is a network management infrastructure platform for the healthcare industry that focuses on licensing and credentialing. By leveraging the company’s APIs, the process of onboarding providers into health plans eliminates unnecessary paperwork and delays, trimming the process from months to minutes. The startup was founded in late 2021 by a team of former Oscar Health employees that have collected credentialed over 40,000 healthcare providers. The platform covers major provider types (MDs, DOs, PAs, RNs, NPs, and LCSWs) and also handles state licensing nationwide as well as hiring. AlleyWatch caught up with CertifyOS CEO Anshul Rathi to learn more about the inspiration for the business, the company’s vision to build a healthcare cloud that streamlines the time to onboard, future strategic plans, first institutional funding round from investors that include Upfront Ventures, Max Ventures, Arkitekt Ventures, Goldline Ventures, and the Hustle Fund.
Billy Raises $3.5M for its End-to-End Insurance Management Platform for the Construction Industry
A typical construction project involves a multitude of key stakeholders. Each with a vested interest not only in the success of a project but also in managing the liability. While there are countless vendors that can help commercial real estate property managers, owners, and developers handle the actual management of a project, ensuring that liability and risk are managed properly is a key pain point. Billy has developed an end-to-end insurance and risk management platform, specifically for the construction industry, that ensures all stakeholders are able to know what coverage they have, identify gaps, verify coverage, and save on insurance costs along the way. Offered as a SaaS annual subscription, Billy is able to centralize compliance requirements, streamlining the process in which parties are approved for projects. AlleyWatch caught up with Billy CEO and Cofounder Nyasha Gutsa to learn more about the inspiration for the business, challenges faced as a first-time founder, the company’s strategic plans, and latest round of funding from investors that include MetaProp, Coelius Capital, Village Global, Shadow Ventures, Hustle Fund, and Laguna Canyon Group
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The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 4/24/21 featuring funding details for Clasy, Bitmovin, and twenty-seven other rounds that you must know about.
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