Honey Health Raises $7.8M to Expand AI Agents for Healthcare Administration
Healthcare automation startup Honey Health has raised $7.8 million in seed funding led by Pelion Ventures, with participation from Streamlined, Burst Capital, and 8-Bit Capital, announced in a press release. The company develops AI agent teams that autonomously handle administrative tasks within healthcare systems.
Founded by Matt Faustman and Xiao Zhang, Honey Health’s platform integrates directly into electronic health record (EHR) systems to complete workflows such as data fetching, note preparation, order management, fax triage, and prior authorizations. The company reports that its customers, including over 100 medical groups and health systems, have achieved annual profit gains of up to $65,000 per provider.
Honey’s proprietary Loop Framework and Hive Protocol enable its AI agents to onboard within 30 days and operate across mixed EHR environments. The new funding will support expansion of the company’s AI capabilities, customer base, and team.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like AI Funding Brief, Life AI Weekly or Daily AI Brief.
Also, consider following us on social media:
More from Funding
Oct 16 RapidCanvas Raises $29 Million to Expand Enterprise AI Platform Oct 16 KBRA Rated Anthropic BB+ Before $35 Billion Chip Financing Oct 16 Goodweek Raises $12 Million for AI Management Platform Oct 16 Intuit Agrees to Acquire AI Billing Startup Sequence for Reported $200 Million Oct 16 Matters Raises $5 Million to Build AI Consumer BankMore from Life Sciences
Oct 16 Study Tests Smartphone AI for Children's Lung Sounds Oct 16 Manhattan Physician Invests in RunPractice Oct 16 Attilio appoints Buck Institute CEO Eric Verdin as cochairman Oct 16 Aignostics launches HETA Clinical for pathology workflows Oct 16 Specialty1 Partners Invests in AI for Dental Practice OperationsLife AI Weekly
Weekly coverage of AI applications in healthcare, drug development, biotechnology research, and genomics breakthroughs.
Market report
2025 Generative AI in Professional Services Report
Thomson Reuters
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read moreYou may also like
Heidi Raises $340 Million for Health Care AI Expansion
Healthleap Raises $38 Million for Hospital Risk Screening AI
MontoHealth Develops AI Agents for Healthcare Administrative Work
Autoheal raises $7.9 million to improve software agents
Honeyjar offers AI tools for PR workflows
Daily AI Brief: the AI news that matters, in your inbox.