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Enterprise Infrastructure Seed Founded 2020

Open Bots AI

OpenBots provides an AI-first healthcare revenue cycle management (RCM) automation platform that streamlines financial operations for healthcare organizations. The platform delivers end-to-end automation spanning process discovery, development, orchestration, and program management for healthcare billing and revenue cycles. Its product suite includes tools for discovering and documenting revenue cycle processes,…

📍 Edison, United States · Open Source,

Funding snapshot

Last roundSeed
Amount$5M
Date30 March 2021
Total raised$5M
Team size64

About

OpenBots provides an AI-first healthcare revenue cycle management (RCM) automation platform that streamlines financial operations for healthcare organizations. The platform delivers end-to-end automation spanning process discovery, development, orchestration, and program management for healthcare billing and revenue cycles. Its product suite includes tools for discovering and documenting revenue cycle processes, creating automation workflows, and processing documents through AI-powered extraction and consumption via APIs. The platform automates tasks including claims processing, eligibility verification, payment posting, denial management, and accounts receivable follow-up, reducing manual administrative burden and accelerating revenue collection. By combining robotic process automation with AI capabilities, OpenBots enables healthcare providers to improve accuracy, reduce days in accounts receivable, and increase staff productivity without expanding headcount. Founded in 2020 and headquartered in Edison, United States, the company has raised $5.0M in Seed funding.

Business model

Robotic Process Automation > Enhanced Automation > Multi-Industry > Document Processing

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