Banjo Health
Washington, US · Founded 2019 · Delaware corporation · 3 known investors
Banjo Health builds AI-driven software to automate and streamline the prior authorization process for health plans and pharmacy benefit managers (PBMs). Its technology embeds intelligence into payer decision-making workflows to reduce administrative burden and speed access to care for providers and patients.
Founders & leadership
Banjo Health was founded in 2019 by Saaransh Mahna.
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Saaransh MahnaFounder
Board
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Investors · 3
Reported raises · per SEC filings
Form D private placements$9.6M disclosed across 2 rounds · 2021–2022
▶$2MraisedSep 2022 · 7 investors · Other TechnologyRule 506(b)
▶$2MraisedSep 2022 · 7 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Barry KatzDirector
- Gregory EpsteinDirector
- Terry BayerDirector
- Emilian ElefteratosExecutive Officer, Promoter
- Saaransh MahnaExecutive Officer, Director, Promoter
- Shiva KumarDirector
- Offering amount
- $9.5M
- Amount sold
- $2M
- First sale
- Sep 2022
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$7.6MraisedJul 2021 · 64 investors · Other TechnologyRule 506(b)
▶$7.6MraisedJul 2021 · 64 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Gregory EpsteinDirector
- Saaransh MahnaExecutive Officer, Director, Promoter
- Offering amount
- $7.8M
- Amount sold
- $7.6M
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 3
by search overlapCohere Health19 shared keywordsCohere Health provides a platform aimed at aligning the interests of patients, physicians, and health plans to support care decisions and improve member outcomes. It serves health plans and providers in the healthcare industry.
ZeOmega12 shared keywordsZeOmega provides healthcare enterprise management software for health plans and other risk-bearing organizations, offering integrated care management, prior authorization, and workflow solutions. The company serves payers and healthcare administrators with clinical content, integration capabilities, and rules-engine technology.
1Uphealth11 shared keywords1upHealth provides a FHIR-first health data platform that helps health plans and payers acquire, manage, and exchange healthcare data, including automating prior authorization, member data access, and provider directories. It supports interoperability and compliance with CMS regulations across Medicare, Medicaid, and commercial lines of business in the U.S.
Companies competing with Banjo Health for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Banjo Health do?
- Banjo Health builds AI-driven software to automate and streamline the prior authorization process for health plans and pharmacy benefit managers (PBMs). Its technology embeds intelligence into payer decision-making workflows to reduce administrative burden and speed access to care for providers and patients.
- Who founded Banjo Health?
- Banjo Health was founded by Saaransh Mahna in 2019.
- Who are Banjo Health's investors?
- Banjo Health's investors include Angel Physicians Fund, Epsilon Health Investors, Tau Ventures.
- How much funding has Banjo Health raised?
- Banjo Health has disclosed $9.6M raised across 2 rounds.
- Where is Banjo Health headquartered?
- Banjo Health is headquartered in Washington, US.