Fundraising Fox

LunaBill

YC F25

San Francisco, US · Founded 2025 · 4 employees · 5 known investors

LunaBill provides AI automation software for hospital billing teams to manage denied claims and patient revenue cycles. The system replaces manual phone-based claim status inquiries with automated retrieval, serving health systems and RCM companies.

Also known as Luna

Founders & leadership· Y Combinator alumni (F25)

LunaBill was founded in 2025 by Suhail Parry and David Day.

SPSuhail Parry
Suhail Parryin𝕏Co-FounderSuhail Parry is a founder who previously worked as a founding engineer at Knowext developing AI automation for healthcare providers, and later served as an operator at Mediregi, an RCM firm serving over 200 healthcare clients.
DDDavid Day
David DayinCo-FounderDavid Day founded Skiesoft, an AI transcription company based in Taiwan, and previously worked as a data scientist at UCSF developing models for medical coding validation.

Investors · 5

Funding

SEC filings, press & company announcements

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

Company profile

researched Aug 2026

LunaBill is an AI revenue cycle management (RCM) platform that automates accounts receivable work for hospitals, health systems, and RCM/BPO firms. A coordinated set of AI agents handles each claim from submission to payment: verifying eligibility and coverage, pulling status, denial codes and payment details from payer portals, placing claim status calls to payers (navigating IVR phone trees and waiting on hold for a live representative), reading and responding to denials, drafting and filing appeals with supporting records attached, correcting and resubmitting claims (for example payer ID or coordination-of-benefits errors), and posting payments, reference numbers and notes back into the customer's EHR.

The stated workflow is that when a claim sits unpaid past the payer's clock, the system first checks the payer portal, then calls the payer to obtain reprocessing or escalation with a reference number, and files an appeal if the claim was denied, with every action written back to the EHR. The company positions billing staff as reviewing outcomes and retaining judgment calls while the agents perform the repetitive volume work. LunaBill states it integrates with Epic, Cerner, GoRev, Waystar and Availity, is HIPAA compliant with enterprise-grade security and SOC 2 Type II, executes a BAA in under a day, and maintains a public trust center. Cofounder and CEO Suhail Parry frames the revenue cycle as an infrastructure problem rather than a staffing problem.

Business model

LunaBill sells software-driven claim follow-up to health systems and RCM firms on a performance basis rather than a license: customers pay only from recovered revenue, with no upfront, license or implementation fees. Deployment is designed to work inside the customer's existing EHR and clearinghouse stack, with pilots starting quickly.

Performance-based pricing: 1.5% of net collections recovered, billed only after the money is received. No upfront charges, license fees or implementation fees; if nothing is recovered, no fee is owed.

Traction

The site cites Nutex Health, a 24-campus U.S. health system with a 60+ person revenue cycle team, as a reference customer where LunaBill worked more than $32M of AR in 30 days with no added headcount; days in AR on commercial claims aged 60+ days fell from 45 to 7 within three months of go-live, per-claim follow-up time fell from 22 to 4 minutes, and fully loaded cost per claim moved from a $22.28 internal benchmark to $2.00. Portfolio-wide, the company reports more than 90,000 payer interactions per month (trailing 30 days). Additional customers listed are GeBBS, PharmBills and UnisLink.

Latest developments

LunaBill's site states it is backed by Y Combinator and lists Nutex Health, GeBBS, PharmBills and UnisLink as customers whose claims it is working, alongside a published Nutex Health case study.

Full profile — market position, technology, go-to-market, geography

Market position

LunaBill positions itself in the AI revenue cycle automation segment, serving both provider-side revenue cycle departments and outsourced RCM/BPO vendors, and emphasizes transparency of agent actions ("no black box") and full audit trails per claim rather than a purely analytics or workflow tool.

Emphasis on covering the full span between claim submission and payment — including live outbound payer phone calls and IVR navigation, not just portal scraping — combined with write-back into the customer's existing EHR, rapid 48-hour pilots, and fully performance-based pricing tied to recovered collections.

Technology

AI agents that operate the mechanical steps of AR follow-up around the clock and in parallel: logging into payer portals to retrieve claim status and denial codes, placing outbound payer phone calls and navigating IVR systems to reach and converse with live representatives, drafting appeal documents with attached records, correcting and resubmitting claims, and writing payments, ERA/EFT references and notes back to the EHR. Integrations are cited with Epic, Cerner, GoRev, Waystar and Availity. Security posture includes HIPAA compliance, SOC 2 Type II, and a BAA process completed in under a day.

Go-to-market

Direct enterprise sales motion built around a 30-minute live demo on the prospect's real claims and payer mix, followed by a free pilot on the customer's existing backlog; most customers are said to be piloting within 48 hours. For RCM and BPO firms, the product is deployed across client accounts with per-claim audit trails that can be handed to the end client. Inbound contact is via the website and a direct founder email address.

Hospital and health system revenue cycle teams seeking to work a growing AR backlog without adding headcount, and RCM and BPO firms seeking to scale client portfolios without scaling payroll. Named customers include Nutex Health, GeBBS, PharmBills and UnisLink.

Geography

Focused on the U.S. healthcare payer and provider market, including a 24-campus U.S. health system customer.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
AR worked at Nutex Health in 30 daysJan 2025$32M
Days in AR, commercial claims aged 60+ days (Nutex Health)Jan 2025Fell from 45 days to 7 days within 3 months of go-live
Fully loaded cost per claim (customer internal benchmark vs LunaBill price)Jan 2025$22.28 internal benchmark vs $2.00 with LunaBill (11.1x lower)
HeadcountAug 20268
Minutes per claim follow-upJan 2025Reduced from 22 minutes to 4 minutes
Payer interactions per month (portfolio-wide, trailing 30 days)Jan 202590,000 interactions/month

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

Images

LunaBill photoLunaBill photo

Competitors · 2

by search overlap

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

In the news

Research sources · 1

primary sources listed

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

Frequently asked questions

What does LunaBill do?
LunaBill runs AI agents that work hospital AR queues end to end — payer portals, calls, denials, appeals and posting.
Who founded LunaBill?
LunaBill was founded by Suhail Parry, David Day in 2025.
Who are LunaBill's investors?
LunaBill's investors include Founders, Garage Capital, Lobster Capital, Y Combinator, ZAKA VC.
Where is LunaBill headquartered?
LunaBill is headquartered in San Francisco, US.