--- title: Coral raises $12.5M to automate healthcare’s... description: Coral, a New York AI startup, has raised $12.5M in a Series A led by Lightspeed and Z47 to automate administrative workflows for specialty healthcare... canonical: https://daily.dev/posts/coral-raises-12-5m-to-automate-healthcare-s-administrative-back-office-gq1tjkxg2 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Coral raises $12.5M to automate healthcare’s administrative back office | daily.dev og:description: Coral, a New York AI startup, has raised $12.5M in a Series A led by Lightspeed and Z47 to automate administrative workflows for specialty healthcare... og:url: https://daily.dev/posts/coral-raises-12-5m-to-automate-healthcare-s-administrative-back-office-gq1tjkxg2 og:image: https://api.daily.dev/og/posts/Gq1TJkXG2.png og:image:alt: Coral raises $12.5M to automate healthcare’s administrative back office og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Coral raises $12.5M to automate healthcare’s administrative back office **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Coral, a New York AI startup, has raised $12.5M in a Series A led by Lightspeed and Z47 to automate administrative workflows for specialty healthcare providers. The platform connects to existing EHR systems, fax lines, and payer portals without requiring providers to change their workflows. Key capabilities include reading handwritten fax forms, processing prior authorisations, and completing patient intakes in under five minutes with 99.7% document accuracy. Founded in 2024, Coral has reached multiple millions in ARR in under a year, with some customers paying full contract value upfront due to immediate ROI. The company plans to expand into AI-powered voice/text follow-ups, a no-code workflow builder, and an operational intelligence co-pilot layer. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Coralogix Raises $200M to Scale the Observability Backbone for theAge of AI](https://daily.dev/posts/coralogix-raises-200m-to-scale-the-observability-backbone-for-theage-of-ai-lh5ynyd9u) · Coralogix · 0 upvotes · 0 comments - [Coralogix raises $200M on bet that someone needs to watch the AI agents](https://daily.dev/posts/coralogix-raises-200m-on-bet-that-someone-needs-to-watch-the-ai-agents-m8sdgfclt) · TechCrunch · 0 upvotes · 0 comments - [Prosper AI raises $30M from a16z to automate the patient journey](https://daily.dev/posts/prosper-ai-raises-30m-from-a16z-to-automate-the-patient-journey-nnwhxzixy) · The Next Web · 0 upvotes · 0 comments --- Tags: [#startup](https://daily.dev/tags/startup), [#automation](https://daily.dev/tags/automation) [View this post on daily.dev](https://daily.dev/posts/coral-raises-12-5m-to-automate-healthcare-s-administrative-back-office-gq1tjkxg2) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Coral raises $12.5M to automate healthcare’s administrative back office","url":"https://daily.dev/posts/coral-raises-12-5m-to-automate-healthcare-s-administrative-back-office-gq1tjkxg2","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/coral-raises-12-5m-to-automate-healthcare-s-administrative-back-office-gq1tjkxg2"},"datePublished":"2026-04-20T13:01:04.136Z","dateModified":"2026-04-20T13:01:27.183Z","description":"Coral, a New York AI startup, has raised $12.5M in a Series A led by Lightspeed and Z47 to automate administrative workflows for specialty healthcare...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/220de02d75263bbb859b6249db425bce?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/220de02d75263bbb859b6249db425bce?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/coral-raises-12-5m-to-automate-healthcare-s-administrative-back-office-gq1tjkxg2","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"startup,automation","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Coral raises $12.5M to automate healthcare’s administrative back office"}]} ```