Care.fi Secures $8 Million to Revolutionize Healthcare Financing

Healthcare fintech Care.fi has raised $8 million in Series A funding to expand operations and enhance its AI-driven healthcare operating system. The investment will support expansion into new Indian cities, the US, and the Middle East, as well as product development initiatives.

In a significant boost to the healthcare financing sector, Care.fi, a healthcare-focused fintech company, has announced the successful raise of $8 million in a Series A funding round.

The newly acquired capital intends to expand the company's footprint into additional Indian cities and accelerate international growth in the United States and the Middle East. Additionally, there's a focus on further developing its AI-powered healthcare operating system.

Established in 2021, Care.fi provides claim and supply financing under government and insurance-backed schemes. It aims to expedite claims disbursement and streamline financial operations for hospitals, promising cash flow predictability through its NBFC arm.

(With inputs from agencies.)