AKASA

San Francisco, United States Founded: 2018 • Age: 8 yrs
Revenue cycle automation platforms are provided for healthcare reimbursement.
Annual revenue - Latest available
Total funding $80.0M 2 rounds
Employees 46 Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About AKASA

AKASA is a company based in San Francisco (United States) founded in 2018 by Ben Beadle Ryby, Andy Atwal, Malinka Walaliyadde, and Varun Ganapathi. AKASA has raised $80 million across 2 funding rounds from investors including Andreessen Horowitz, BOND and Costanoa. The company has 46 employees as of December 31, 2022. AKASA offers products and services including AKASA Platform, Authorization Advisor, Medical Coding, and Claim Status. AKASA operates in a competitive market with competitors including iMedX, Xifin, Infinx, Plusgrade and R1 RCM, among others.

  • Headquarter San Francisco, United States
  • Employees 46 as on 31 Dec, 2022
  • Founders Ben Beadle Ryby, Andy Atwal, Malinka Walaliyadde, Varun Ganapathi
  • Sectors
    Healthcare
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $80 M (USD)

    in 2 rounds

  • Latest Funding Round
    $60 M (USD), Series B

    Mar 23, 2021

  • Investors
  • Employee Count
    46

    as on Dec 31, 2022

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Products & Services of AKASA

AKASA offers a comprehensive portfolio of products and services, including AKASA Platform, Authorization Advisor, Medical Coding, and Claim Status.

Product name locked
Category locked
Primary

Generative AI for healthcare revenue cycle management

Product name locked
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AI assistant for patient access teams

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GenAI for accurate medical coding recommendations

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Automated tracking of claim status information

People of AKASA

Headcount 10-50
Employee Profiles 16
Board Members and Advisors 4
Employee Profiles
People
Grant Messick
VP, Customer Success
People
Andy Atwal
Co-Founder & VP Engineering
People
Varun Ganapathi
Co-Founder & CTO
People
Malinka Walaliyadde
Co-Founder & CEO

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Board Members and Advisors
people
Julie Yoo
Board Member
people
Noah Knauf
Board Member
people
Frank Williams
Advisor
people
Toby Cosgrove
Advisor

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Funding Insights of AKASA

AKASA has successfully raised a total of $80M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in AKASA

AKASA has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Andreessen Horowitz, BOND and Costanoa.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Investments in multiple sectors are made by Bond Capital.
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Venture capital firm focused on early stage fintech, data, AI, and security companies
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Investor details for AKASA

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Investments & Acquisitions by AKASA

Investments
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Investment portfolio details for AKASA

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Financial Statements - AKASA

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Detailed financials for AKASA

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Akasa Comparisons

AKASA Primary company
Description
Revenue cycle automation platforms are provided for healthca...
Location
San Francisco, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
46
As of 2022
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Peer comparison for AKASA

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Competitors of AKASA

AKASA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as iMedX, Xifin, Infinx, Plusgrade and R1 RCM, among others.

Company Name Domain Founded year HQ Location Description
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Revenue cycle management platform is provided to healthcare providers.
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Cloud-based billing & revenue cycle management solutions for diagnostic service providers
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Revenue cycle management platform for healthcare is provided.
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SaaS revenue management solutions are offered to airlines for optimization.
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End-to-end revenue cycle management is provided for healthcare organizations.
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Detailed competitors of AKASA

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Latest news on Akasa

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Complete news archive for AKASA

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Frequently Asked Questions about AKASA

AKASA was founded in 2018 and raised its 1st funding round 2 years after it was founded.

AKASA is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Malinka Walaliyadde is the current CEO of AKASA. They have also founded this company.

AKASA is a funded company, having raised a total of $80M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at AKASA is 46.

AKASA was founded in 2018 and is headquartered in San Francisco, United States. Automation solutions for revenue cycle management in the healthcare sector are developed and offered. Existing workflows are evaluated to identify key steps and decision points, enabling more accurate performance of reimbursement activities. The Unified Automation platform is designed to facilitate faster collection of reimbursements at reduced costs for organizations.

AKASA's top competitors include R1 RCM, Volantio and Infinx.

AKASA offers AKASA Platform, Authorization Advisor, Medical Coding, and Claim Status.

AKASA has 4 investors. Key investors include Andreessen Horowitz, BOND, Costanoa, and Jim Momtazee.

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