Phare Health
AcquiredAI-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
- Website
- phare.health
- Total Funding
- $3.1M
- Last Round
- $3.1M SeedNov 2023
- Rounds
- 1
- Acquisition Date
- Oct 2025
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
Oct 2025
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Seed through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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