Assured Raises $6M to Get Providers Seeing Billable Patients Faster
Assured has closed a $6M seed round to speed up provider credentialing and payer enrollment-two bottlenecks that slow growth and defer revenue for health systems and medical groups. The round was led by First Round Capital with participation from Kindred Ventures, Bragiel Brothers, and the founders of Atria and Grow Therapy. This update follows an initial announcement on September 15, 2025.
The Hidden Drain on Revenue
Credentialing and payer enrollment still take 60-120 days at many organizations. That delay idles qualified providers, stretches patient wait times, and stalls market expansion. Health systems routinely lose hundreds of thousands in revenue per provider stuck in limbo, contributing to billions in avoidable administrative waste each year.
Industry data has flagged this for a long time. See the CAQH Index for the scale of administrative drag and opportunity for automation-driven savings. CAQH Index
What Assured Built
Assured is an AI-native network management platform that compresses months of manual work into days. It automates primary source verification across 2,000+ sources in parallel, tracks application status without spreadsheets, and routes cases through the most efficient path while flagging issues before they create rework.
The outcomes are straightforward: full credentialing in 2 business days, and payer enrollment that gets most providers in-network 15 days faster. The platform maintains compliance and audit trails, and it's built to operate at scale with payer-facing workflows.
Proof That It Scales
Over the last year, Assured processed tens of thousands of enrollments and earned NCQA CVO certification, a benchmark for credentialing organizations. Details on the standard are available here: NCQA CVO Certification
Customers include Houston Methodist, Blossom Health, and Tono Health. The company reports 30% month-over-month growth, pointing to strong demand from organizations that need to scale multi-state networks without adding headcount linearly.
Why It Matters to Operators and Finance
- Time-to-revenue: Cut weeks off enrollment to move providers from "hired" to "billable" faster.
- Throughput: Parallel verification lifts capacity without scaling manual teams.
- Quality and rework: Early issue detection reduces denials and back-and-forth with payers.
- Compliance: Continuous audit trails support NCQA standards and internal risk controls.
- Forecasting: Reliable cycle times improve staffing plans, launch dates, and cash projections.
Funding and Who's Backing It
The $6M seed was led by First Round Capital, with support from Kindred Ventures, Bragiel Brothers, and founders from Atria and Grow Therapy. "Provider operations are healthcare's most overlooked infrastructure problem," said Bill Trenchard, Partner at First Round Capital. "Assured built the intelligence layer that healthcare needs to scale. Their combination of deep domain expertise and AI automation doesn't just solve today's bottlenecks. It fundamentally rewrites how provider networks grow."
What To Do Now If You Run Provider Ops
- Baseline your current cycle times: credentialing, enrollment by payer, denial/rework rates.
- Quantify the opportunity: revenue at risk per delayed provider and per market launch.
- Pilot a high-volume lane: pick 1-2 payers and states to test throughput and quality impact.
- Lock governance: define source-of-truth data fields, audit checkpoints, and escalation rules.
- Instrument KPIs: time-to-complete, first-pass yield, payer response lag, and appeals workload.
- Scale playbook: expand to additional payers and states once the metrics hold.
If you're upskilling your team to run AI-first operations, a focused certification can speed adoption. Explore practical options here: AI Automation Certification
The Road Ahead
Assured's goal is straightforward: make provider operations practically invisible. Think instant multi-state licensing, continuous credentialing, and enrollment that moves at the pace of hiring-so patient demand, not paperwork, sets your growth ceiling.
Announced October 24, 2025. Originally announced September 15, 2025.
Your membership also unlocks:
