Milu offers a platform that can integrate with patient health records, identifying opportunities for accessing healthcare at affordable prices. Credit: Stock-Asso / Shutterstock.

Milu Health, an AI-powered health tech provider that works to make healthcare affordable for employees and employers, has secured $4.8m in its Seed funding round.  

The round was led by venture capital company Andreessen Horowitz’s (or a16z) Bio + Health fund. It was joined by other investors, including BoxGroup, PagsGroup, and 81 Collection. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Milu, established in 2023 by Sasha Gribov and Gautam Kumar, offers a platform that can integrate directly with patient health records, identifying opportunities for accessing healthcare at more affordable prices. 

The company plans to utilise the fresh capital injection to further develop its technology platform and expand existing operations.  

According to Milu, when patients link their health records to Milu’s platform, the company’s technology, supported by a nursing team, proactively assists patients in finding better quality and value healthcare.  

This includes locating fairly priced and high-quality doctors, challenging incorrect medical bills, and accessing more affordable medications. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Furthermore, Milu’s system ingests details about the employer’s healthcare plan, ensuring employees are notified of beneficial services, such as chronic condition management or digital health applications.  

The company said that over the past year, it has integrated electronic health record (EHR) data from more than 40,000 provider groups and health systems, enabling the platform to send notifications to patients well in advance as they make critical care decisions. 

Besides, Milu forged partnerships with over a dozen employers to broaden employee access to its AI-driven health savings platform. 

Gautam Kumar said: “There are so many cracks in our health system that millions of patients fall through, leading to an exponential rise in their healthcare costs—oftentimes just for routine doctor visits, necessary medications, or other procedures. 

“At Milu, we built our technology and patient engagement platform to catch these patients and find ways to save them costs in as many ways possible throughout the entirety of their healthcare journey.” 

Gribov added: “Through leveraging EHR data, our platform provides cost savings support to patients in real-time, right after they see their doctor.”