Nirvana provides an AI-powered platform that delivers instant insurance verification and highly accurate cost estimates to providers and patients. Its Discover technology can retrieve complete eligibility using only name, date of birth, and ZIP code, and handles data-entry errors. The product is available via direct API, EHR/EMR integrations, and a web/mobile OneVerify application. Nirvana was built for behavioral health and has expanded into sectors including physical therapy, intensive outpatient, and primary care. The company adapts its models using patterns from its millions of monthly eligibility checks to handle specialty-specific insurance nuances. Nirvana recently raised a $24.2M Series A to support expansion into additional specialties and scale its eligibility management platform. Nirvana offers a practice management platform for mental health professionals that centralizes back-office workflows. The platform streamlines insurance workflows for enterprise and solo practices through integrations with top mental-healthcare insurers. It also unifies financial management for practices and enables building patient-facing experiences. Launched in 2020 by CEO Akshay Venkitasubramanian, the company targets therapists and enterprise customers across the U.S. Nirvana plans to use new capital to expand its engineering, customer success, and sales teams and to bring its technology to more therapists and enterprises. To date the company has raised nearly $12M. Nirvana Health provides a practice-management platform that automates insurance authorizations, claims filing (in- and out-of-network), payment processing, and appointment management tailored to mental-health therapists. The company uses AI and machine learning to reduce manual back-office work and add transparency to patient benefits and session costs. It serves several hundred therapists today and has recovered more than $1 million in therapy-session reimbursements for consumers through its paperwork automation. Nirvana is working to scale into a self-serve platform, deepen payment-chain integrations, and enable large enterprises, teletherapy marketplaces, and EAPs to onboard therapists. The product aims to increase therapist capacity by removing administrative friction so clinicians can see more clients and accept a wider range of patients.

Total raised

$36M

Funding rounds

3

Latest round

Series A

Latest activity

Sep 2024