Dec 19
2024
Confido Health Secures $3M for AI-Powered Digital Workers In Healthcare
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Together Fund led the seed funding round, with participation from MedMountain Ventures, Rebellion VC, DeVC, Operators Studio and strategic healthcare operators. The company previously raised a pre-seed round led by Momentum Capital.
Founded by serial entrepreneurs Chetan Reddy and Vichar Shroff, Confido Health represents the culmination of their expertise in AI-driven automation. The founders’ journey began with winning a prestigious Lockheed Martin grant for innovative technology, leading to their first venture, DroneNation. This AI infrastructure mapping company operated across India, Australia, and US markets, earning recognition in The New York Times before its successful acquisition. Now with Confido Health, they’re joined by Simran Parikh, who brings extensive government healthcare department expertise to the team.
“When building Confido Health, we focused on what healthcare providers truly need: tools that don’t just automate tasks but take on the operational burden entirely,” said Chetan Reddy, CEO of Confido Health. “Our digital workers are designed to integrate seamlessly with legacy systems like EHRs, IVRs, and even outdated communication tools. By automating and optimizing entire workflows, we’re not just saving time; we’re helping enterprises recover lost revenue and create sustainable growth.”
Confido Health’s platform creates specialized AI workers that handle specific tasks like appointment management, insurance verification, and care coordination. These digital workers connect to existing healthcare systems in under five minutes through no-code deployment, delivering end-to-end task automation without requiring practices to overhaul their infrastructure. Unlike traditional software companies, Confido Health charges on an hourly basis similar to full-time employees, eliminating integration and training fees.