About Banjo Health
Banjo Health is a Healthcare company based in Boston (United States) founded in 2019 by Saar Mahna and James Rollins. AI-based prior authorization solutions are offered to healthcare organizations. Banjo Health has raised $7 million across 2 funding rounds from investors including Epsilon, Spark Growth Ventures and Tau Ventures. Its chief executive, as recorded, is Saar Mahna. Banjo Health offers products and services including Banjo PA and Composer. Its focus areas include HealthTech, Healthcare Payer Tech, Provider Management and Prior Authorization. Its competitors include NantHealth, SamaCare and Cohere Health; 3 of its 3 listed competitors have raised funding.
Company details
Banjo Health was founded in 2019 and is headquartered in Boston, United States. AI-driven tools for prior authorization in the healthcare sector are developed and provided. Key offerings include Harmony PA for managing authorization processes, Virtuoso AI for supporting approval and denial decisions, and Concerto Suite for intake and submission workflows. Decision-support solutions have also been created for health plans and pharmacy benefit managers.
- Headquarters Boston, United States
- Founders Saar Mahna, James Rollins
- SectorsHealthcare
- Email••••••••
- Website banjohealth.com
- Social LinkedIn X YouTube
- Total Equity Funding$7M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Series A
Sep 2022
- InvestorsEpsilon
& 2 more
Products & Services of Banjo Health
Banjo Health offers a comprehensive portfolio of products and services, including Banjo PA and Composer.
Enables quick review and response to prior authorization requests.
Automates drafting and editing of decision trees for clinical criteria.
Apps and channels of Banjo Health
its YouTube channel Banjo Health has 8 subscribers and 2 videos.
Videos from Banjo Health
The most watched videos on Banjo Health's YouTube channel, Banjo Health (8 subscribers). Click a video to play it here.
More on Banjo Health.
Funding Insights of Banjo Health
Banjo Health has successfully raised a total of $7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in September 2022. 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.
- Total Funding $7M
- Total Rounds 2
- Last Round Series A — $2M
- First Round $5M
(Jul 2021)
- Investors Count 3
All 2 funding rounds of Banjo Health with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $2M | Series A | – | – | – |
| Jul 2021 | $5M | Series A | – | Epsilon Health Investors |
3 investors in total: 3 institutional.
Investors in Banjo Health
Banjo Health has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Epsilon, Spark Growth Ventures and Tau Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Epsilon is focused on venture capital investments in digital healthcare. | epsilonhi.com | Washington, United States | ||
Early-stage tech startups are invested in by Spark Growth Ventures. | sparkgv.com | San Diego, United States | ||
Seed-stage startups are funded by this venture capital firm. | tauventures.com | Palo Alto, United States |
Investor details for Banjo Health
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Banjo Health
16 people are tracked at Banjo Health (8 in leadership, 2 in board & advisors, 6 in team).
| Name | Role | Group |
|---|---|---|
Saar Mahna | Co-Founder & CEO | Leadership |
James Rollins | Co-Founder | Leadership |
Matt Waltrich | Vice President of Sales | Leadership |
Tyler Mullican | Chief Operating Officer | Leadership |
Kris Jagiello | Director of Software Engineering | Leadership |
Randy Ulloa | Chief Technology Officer | Leadership |
Colton Brugger | Senior Director Of Engineering | Leadership |
Shayna Schulz | Advisor To CEO | Leadership |
Shiva Kumar | Advisor | Board & advisors |
Deb Devereaux | Advisor | Board & advisors |
Nadia Pace | Customer Success Manager | Team |
Gia Miramontes, PMP | Senior IT Product Manager | Team |
Samarpan Dutta | Principal Machine Learning Engineer | Team |
Kaustav Datta | Machine Learning Engineer | Team |
Amina Tsenguun | Product Manager | Team |
Jimmy Lin | Machine Learning Engineer | Team |
Complete people profiles for Banjo Health
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Banjo Health
3 dated milestones of Banjo Health across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Banjo Health is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series A, of $2.0M.
Competitors of Banjo Health
Banjo Health has 3 listed competitors in our database, 3 of them funded. They include NantHealth, SamaCare and Cohere Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nanthealth.com | 2007 | El Segundo, United States | $607.58M | 380 | Bioinformatics platforms are provided for cancer treatment identification. | |
| samacare.com | 2010 | San Francisco, United States | $34.8M | 34 | Platform for managing prior authorization solutions in healthcare is offered. | |
| coherehealth.com | 2019 | Boston, United States | $150M | Prior authorization solutions are provided to enhance patient care. |
Detailed competitors of Banjo Health
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Banjo Health
The website of Banjo Health (banjohealth.com) receives about 1K visits a month.
- Monthly visits1K
▲ 6.5% vs previous month
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Banjo Health (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Banjo Health
Complete news archive for Banjo Health
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Banjo Health
Banjo Health was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Banjo Health is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Saar Mahna is the CEO of Banjo Health, as recorded in our data. They have also founded this company.
Banjo Health is a funded company, having raised a total of $7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jul 2021.
Banjo Health was founded in 2019 and is headquartered in Boston, United States. AI-driven tools for prior authorization in the healthcare sector are developed and provided. Key offerings include Harmony PA for managing authorization processes, Virtuoso AI for supporting approval and denial decisions, and Concerto Suite for intake and submission workflows. Decision-support solutions have also been created for health plans and pharmacy benefit managers.
Banjo Health's top competitors include NantHealth, SamaCare and Cohere Health.
Banjo Health offers Banjo PA and Composer.
Banjo Health has 3 investors. Key investors include Epsilon, Spark Growth Ventures, and Tau Ventures.