Prior authorization platform Humata Health raises $25 million

Humata Health closed a $25 million round led by Blue Venture Fund and LRVHealth with participation from Optum Ventures, .406 Ventures, Highmark Ventures, and VentureforGood.

Founded in 2023, the company has built proprietary AI to streamline prior authorization for providers and payers. Its technology automates the process of prior authorizations, which often serves as an important checkpoint to ensure prescribed care is clinically appropriate.

The company plans to broaden the scope of its proprietary generative AI technologies, expand its customer base, and begin partnering with payers and delegated entities to deliver complementary solutions that help them streamline prior authorizations.