Translucent AI has built an agentic artificial-intelligence platform that unifies operational, clinical, and financial data for healthcare providers, constantly scanning for signals to reveal real-time insights and the underlying causes of financial leakage. By replacing disparate spreadsheets and delayed month-end reports, the software lets finance, clinical, and operations teams collaborate on a single, current source of truth and act before problems escalate. Early adopters include Northwestern Medicine, Duly Health and Care, Wray Community District Hospital and Clinics, and Springfield Clinic, which are using the platform to uncover multi-million-dollar productivity opportunities and cut weeks of manual reconciliation work. The company positions its product as a “financial operating system” that can help stem the wave of hospital bankruptcies and closures, especially in rural settings where margins are razor thin. Founded by former ChenMed operator Jack O’Hara, Translucent AI aims to expand nationwide, bringing real-time financial intelligence to more health systems facing mounting cost pressures. The business is backed by prominent investors such as GV, NEA, Virtue, and FPV Ventures. Following its new capital injection, management plans to accelerate product development and grow the team to meet surging demand from U.S. healthcare organizations.

Total raised

$36M

Funding rounds

3

Latest round

Series A

Latest activity

Mar 2026