Fundraising Fox

Entropy

YC S24

San Francisco, US · Founded 2024 · 2 employees · 10 known investors

Entropy provides an AI-powered operating system for specialty healthcare practices that automates patient intake, eligibility verification, prior authorization, and revenue cycle management. The platform integrates with existing EHR and billing systems to reduce administrative workload and accelerate claims processing.

Also known as Remo · Remo Financial · withentropy.ai

AI & Machine LearningHealthtechSaaSUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S24)

Entropy was founded in 2024 by Rabii Malik.

RMRabii Malik
Rabii Malikin𝕏CEO & Co-FounderRabii Malik is a former McKinsey consultant and international expansion lead at Telda, now focused on automating intake and revenue cycle management workflows for specialty clinics.

Investors · 10

Also in the syndicate · 4

Dragonfly CapitalInflectionKomerabi FundVariant

Funding

SEC filings, press & company announcements

$25M disclosed across 1 round · 2026

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Entropy markets itself as an "operating system for specialty healthcare," providing AI agents that automate administrative workflows around patient intake and revenue cycle management (RCM). Its published capabilities include document classification (triaging and processing incoming referrals and documents arriving by fax, email or other channels), insurance eligibility verification across payors, prior authorization (clinical triage plus payer submission), and denial management, in which the system challenges and resubmits denied claims.

The product is positioned as EHR-agnostic and designed to connect to a practice's existing EHR and billing software without migration, with deployment described as possible within days. Entropy states that it uses APIs, browser agents and voice agents to reach EHRs, billing platforms and payor portals. The company describes human-in-the-loop workflows intended to maintain clinical-grade accuracy and practice- or specialty-specific AI built on a customer's internal knowledge base. Entropy's site states it is HIPAA compliant and SOC 2 Type 2 compliant, and that the platform supports thousands of patient interactions each month.

Business model

Entropy sells software to healthcare practices; its site directs prospects to book a demo and offers a free "AI audit," but no pricing or contract structure is disclosed in the available sources.

Traction

The company's website states the platform supports thousands of patient interactions per month; no customer names, revenue or user counts are disclosed in the available sources.

Latest developments

The company's website identifies Entropy as backed by Y Combinator and advertises HIPAA and SOC 2 Type 2 compliance; no dated announcements appear in the available sources.

Full profile — market position, technology, go-to-market, risks & controversies

Market position

Entropy operates in the healthcare administrative automation and revenue cycle management software market, targeting specialty practices; the sources do not provide market share or comparative positioning data.

Entropy emphasizes EHR-agnostic integration with existing systems rather than replacement, fast deployment, coverage of payor channels via browser and voice agents where APIs are unavailable, specialty-specific AI trained on a practice's own knowledge base, and human-in-the-loop review for accuracy.

Technology

The platform combines AI agents with multiple integration methods — APIs, browser agents and voice agents — so it can access EHRs, billing platforms and payor portals, including payor systems that lack API access. It applies AI to document classification, eligibility checks, prior authorization submission and denial resubmission, with practice- and specialty-specific models built on a customer's internal knowledge base and human-in-the-loop review steps. The company states HIPAA and SOC 2 Type 2 compliance for handling protected health information.

Go-to-market

Direct sales driven from the company website via demo requests and a free AI audit offer, plus content marketing (an "automation playbook" lead magnet). The site foregrounds Y Combinator backing and rapid deployment ("live in days") with no EHR migration required.

Specialty healthcare practices and clinics with referral-driven intake and insurance billing workflows, including their administrative and revenue cycle teams; the site also emphasizes benefits for referring providers.

Risks & controversies

Public information about the company is limited to its own website, so claims regarding compliance certifications, deployment speed and interaction volume are unverified by third parties. The name "Entropy" is shared by several unrelated organizations, including a Saudi data and AI firm, a defunct a16z-backed crypto custody startup, and the YC company ZeroEntropy, which creates identification risk in databases.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 20265
Patient interactions supported per monthJan 2026thousands

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
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Across3 shared keywordsAcross builds an AI reasoning system that encodes enterprise processes into patented Reasoning Graphs, using Architect and Operator Agents to observe, encode, and execute high-value business workflows across a company's tools and systems. Built on UC Berkeley research in agent memory and reasoning, it targets large enterprises deploying governed AI agents that maintain context and keep humans in control.
Harvey3 shared keywordsHarvey provides domain-specific AI products for legal and professional services firms, enabling contract analysis, due diligence, compliance, and litigation tasks. The platform is used by law firms and Fortune 500 enterprises globally to improve decision-making efficiency.

Companies competing with Entropy for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 1

launches, deals, and filings
Jan 2026
Entropy states HIPAA and SOC 2 Type 2 compliance

Company website states the platform is HIPAA compliant and SOC 2 Type 2 compliant for handling protected health information.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Entropy do?
Y Combinator-backed Entropy builds AI agents that automate patient intake and revenue cycle management for specialty healthcare practices.
Who founded Entropy?
Entropy was founded by Rabii Malik in 2024.
Who are Entropy's investors?
Entropy's investors include Y Combinator, a16z crypto, Andreessen Horowitz, Coinbase Ventures, Ethereal Ventures Management Ltd., Robot Ventures.
How much funding has Entropy raised?
Entropy has disclosed $25M raised across 1 round.
Where is Entropy headquartered?
Entropy is headquartered in San Francisco, US.