About Mandolin
Mandolin is a company based in Indianapolis (United States) founded in 2020 by Robert Meitus and Mary Kay Huse. Mandolin has raised $57 million across 3 funding rounds from investors including 645 Ventures, High Alpha and Time ventures. Mandolin has completed 1 acquisition, including NoonChorus. Mandolin offers products and services including AI Workers Platform, Referral Intake, Benefits Verification, and Prior Authorization. Mandolin operates in a competitive market with competitors including Modernizing Medicine, Practice Fusion, Flatiron Health, Greenway Health and Medsphere Systems, among others.
- Headquarter Indianapolis, United States
- Founders Robert Meitus, Mary Kay Huse
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Coral Automation, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$57 M (USD)
in 3 rounds
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Latest Funding Round
$40 M (USD), Series A
Jun 26, 2025
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Investors
645 Ventures
& 10 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Mandolin
Mandolin offers a comprehensive portfolio of products and services, including AI Workers Platform, Referral Intake, Benefits Verification, and Prior Authorization.
Automates back-office tasks in EHR for drug treatments
Handles intake and triage of patient referrals
Performs eligibility checks for healthcare benefits
Manages approvals for medical procedures
People of Mandolin
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Funding Insights of Mandolin
Mandolin has successfully raised a total of $57M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $40 million completed in June 2025. 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 Total Funding
- Total Rounds 3
- Last Round Series A — $40.0M
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First Round
First Round
(07 Oct 2020)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series A - Mandolin | Valuation |
investors |
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| Jun, 2021 | Amount | Series A - Mandolin | Valuation | 645 Ventures | |
| Oct, 2020 | Amount | Seed - Mandolin | Valuation | High Alpha |
Investors in Mandolin
Mandolin has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include 645 Ventures, High Alpha and Time ventures.
| Investor | Description | Founded Year | Domain | Location |
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US focused seed and early-stage VC firm
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Founded Year | Domain | Location | |
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A venture firm that creates and funds B2B SaaS companies.
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Founded Year | Domain | Location | |
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Venture capital is invested in early-stage tech startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mandolin
Mandolin has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NoonChorus.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online platform offering live music events
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2019 |
Financial Statements - Mandolin
Mandolin Comparisons
Competitors of Mandolin
Mandolin 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 Modernizing Medicine, Practice Fusion, Flatiron Health, Greenway Health and Medsphere Systems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-driven EMR and practice management software is delivered for clinics.
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| domain | founded_year | HQ Location |
Cloud-based EHR system is provided for physicians' practices.
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| domain | founded_year | HQ Location |
Cloud-based oncology management tools are provided for cancer care providers.
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| domain | founded_year | HQ Location |
Clinical and financial solutions are delivered to ambulatory providers.
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| domain | founded_year | HQ Location |
Open-source healthcare software is provided by Medsphere Systems.
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| domain | founded_year | HQ Location |
SaaS-based practice management solution is provided for healthcare professionals.
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Frequently Asked Questions about Mandolin
Mandolin was founded in 2020.
Mandolin is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Mary Kay Huse is the current CEO of Mandolin. They have also founded this company.
Mandolin is a funded company, having raised a total of $57M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Oct 07, 2020.
Mandolin was founded in 2020 and is based in Indianapolis, United States. Operations focus on the healthcare sector, where an AI-based platform is utilized to automate processes from patient referrals to infusions in infusion centers. Integration with existing electronic health record systems is supported, enabling workflows to continue without interruption. Operational efficiency in healthcare settings is enhanced through these AI capabilities.
Mandolin's top competitors include Modernizing Medicine, Eka Care and Flatiron Health.
Mandolin offers AI Workers Platform, Referral Intake, Benefits Verification, and Prior Authorization.
Mandolin has made 1 acquisition, including NoonChorus.
Mandolin has 11 investors. Key investors include 645 Ventures, High Alpha, Time ventures, Foundry, and Marc Benioff.
The valuation of Mandolin is $47M as of Jun 2021.