Sohar Health Secures $3.8M in Seed Round to Revolutionize Healthcare Verification

Deal News | Apr 01, 2025 | rlc ventures

Sohar Health Secures $3.8M in Seed Round to Revolutionize Healthcare Verification

Sohar Health, a company founded by Dr. Ashish Mandavia and Lucas Roh in 2023, has successfully raised $3.8 million in a seed funding round led by Kindred Capital, with participation from Y Combinator and Rebel Fund. The funding seeks to advance the company's AI-driven platform aimed at modernizing the administrative aspects of U.S. healthcare by streamlining the verification of benefits and eligibility, which often creates entry barriers for patients seeking care. Sohar Health's platform is already transforming healthcare administration by providing real-time insurance coverage verification, which is reducing administrative costs, minimizing errors, and enhancing patient access to care. Real-time verification is critical as it addresses significant inefficiencies within the sector, potentially alleviating some of the rising costs associated with medical care. Looking ahead, Sohar Health plans to expand its technology suite further, ensuring seamless, efficient, and patient-focused healthcare delivery.

Sectors

  • Healthcare Technology
  • Artificial Intelligence (AI)

Geography

  • United States – Sohar Health is focused on modernizing healthcare administration within the U.S., and the funding is directed towards solutions impacting the U.S. healthcare system.

Industry

  • Healthcare Technology – The article focuses on Sohar Health's use of AI to improve healthcare administration, specifically eligibility verification.
  • Artificial Intelligence (AI) – Sohar Health is utilizing AI-driven solutions to streamline healthcare administration processes, prominently featuring AI as a core component of their technology.

Financials

  • $3.8 million – Seed funding amount raised by Sohar Health, led by Kindred Capital.

Participants

NameRoleTypeDescription
Sohar HealthTarget CompanyCompanyA healthcare technology company founded by Dr. Ashish Mandavia and Lucas Roh, focusing on streamlining insurance coverage verification using AI.
Kindred CapitalLead InvestorCompanyA venture capital firm leading the seed funding for Sohar Health.
Y CombinatorInvestorCompanyParticipated in the seed funding round for Sohar Health.
Rebel FundInvestorCompanyParticipated in the seed funding round for Sohar Health.
Dr. Ashish MandaviaCo-founder and CEOPersonCo-founder and CEO of Sohar Health, leading efforts to modernize healthcare administration.
Lucas RohCo-founder and CTOPersonCo-founder and CTO of Sohar Health, overseeing technology development for AI-driven solutions.