Ascertain, a New York-based company specializing in AI-driven automation solutions for healthcare enterprises, has raised $10 million in Series A funding.
Investors
The round was led by Deerfield Management, with strategic participation from Northwell Health.
Deerfield Management is a New York City-based investment firm dedicated to advancing healthcare through investment, information, and philanthropy. The firm focuses exclusively on the healthcare sector, supporting companies across biotechnology, medical devices, diagnostics, digital health, and healthcare services. Deerfield manages over $14.6 billion in assets and has a portfolio of more than 200 private and public investments at various stages of development.
Ascertain's Use of Funds
The company will use the new capital to scale its operations, expand the deployment of its AI-powered case management solution, and increase access to its platform across health systems, payers, and provider networks. The funding will also support the company’s relocation to Deerfield’s headquarters at Cure in New York City and continued product development.
About Ascertain
Ascertain is a healthcare technology company that uses artificial intelligence to streamline administrative workflows for health systems, payers, and provider groups. Its AI-powered platform automates documentation, prior authorizations, and compliance workflows. Ascertain offers two models: Ascertain Automate, an enterprise AI platform for automating high-volume administrative workflows, and tech-enabled services, where Ascertain’s team manages these workflows directly. Headquartered in New York, Ascertain’s mission is to provide healthcare enterprises with best-in-class automation quickly, safely, and effectively.
Funding Details
Company: Ascertain
Raised: $10.0M
Round: Series A
Funding Date: April 2025
Lead Investor: Deerfield Management
Strategic Partner: Northwell Health
Company Website: https://www.ascertain.com/
Software Category: Healthcare Automation
Source: https://www.prnewswire.com/news-releases/ascertain-raises-10-million-in-series-a-funding-to-scale-agentic-ai-platform-302433733.html