Phare Health

Acquired

AI-powered healthcare claims intelligence for health systems

London, United Kingdom · Founded 2023 · $3.1M raised

Headquarters
London
Employees
11–50
Founded
2023
Business Model
B2B
Total Funding
$3.1M
Last Round
$3.1M SeedNov 2023
Rounds
1

About

Phare Health (operating as R37) is a healthcare AI platform that serves 95 of the top 100 US hospital systems, processing over 180 million claims, 550 million patient encounters, and 1.2 billion workflow actions annually. The platform applies AI and machine learning to make healthcare claims more transparent and accurate, helping providers manage risk contracts, optimize population health outcomes, and recover lost revenue. Founded in 2021 and headquartered in San Francisco, Phare Health targets payers and large health systems with an AI-layer that integrates into existing clinical and administrative workflows.

Summary

Phare Health is a Life Sciences company based in London, United Kingdom, founded in 2023. It has raised $3.1M in total across 1 round, most recently a $3.1M Seed round in Nov 2023. Investors include R1 RCM, General Catalyst and Bertelsmann Investment.

Tech & App Stack

3 technologies & apps tracked

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Funding History

AcquisitionOct 2025

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Investors

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