Healthtech startup ClaimBuddy has raised $3 million in a funding spherical co-led by Chiratae Ventures and Rebright Companions.
Present traders corresponding to Titan Capital & Relentless Ventures and different non-public traders additionally participated within the spherical.
ClaimBuddy goals to be a one-stop resolution for medical health insurance declare help for sufferers and hospitals, constructing an ecosystem to make sure hassle-free insurance coverage declare processing by leveraging know-how and a set of easy but highly effective processes and operations.
The corporate stated it has processed claims value greater than $75 million and works with greater than 120 hospitals.
“The funding and our new partnership with Chiratae and Rebright is a robust endorsement to our imaginative and prescient, technique, and resolution which we goal to ship to the medical health insurance business,” stated Khet Singh, cofounder, ClaimBuddy.
“ClaimBuddy has seen 10x progress over the previous yr. With these funds we look ahead to accelerating the corporate’s efforts for smoother declare help,” he added.