Fundraising Fox

TrueClaim

YC W24

San Francisco, US · Founded 2023 · 10 employees · Hiring · 10 known investors

Find your way into TrueClaim

1,261 people in our graph share verified history with the TrueClaim team — schools, employers, funds. One of them is your warm intro.

Chris Bischoffunlockedknows Barbora Howell · together at Goldman Sachs (overlapped)
×4knows the team · via Goldman Sachs
×3knows the team · via The Wharton School
knows the team · via HEC Paris
knows the team · via Santa Clara University Career Center
×2knows the team · via Stanford University Graduate School of Business

TrueClaim provides a modern insurance platform designed to reduce administrative errors and claims processing failures. The company serves insurance customers seeking to avoid billing mistakes and incorrect coverage denials.

HealthtechInsurTechUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W24)

TrueClaim was founded in 2023 by Barbora Howell and Bobby Bayer.

BHBarbora Howell
Barbora HowellinCEO & Co-FounderBarbora holds an MBA from Stanford and previously worked at Hinge Health in HR, benefits, and billing roles during its growth to over 700 employees. She later led clinical operations at Pine Park Health, a YC-backed primary care provider, where she managed member support and care coordination.
BBBobby Bayer
Bobby BayerinCTO & Co-FounderHe spent seven years as a software engineer at pMD, where he worked on health tech and revenue cycle management software, including a role as engineering manager overseeing the RCM software division.

Investors · 10

Headwater VenturesMinneapolisvia Matt Miller · inferred
KAYAPrague · $108K – $3.2M
The MBA Fund
Y CombinatorSan Francisco · $500K
Orange CollectivereportedDanville
Rebel FundreportedSan Francisco · $100K – $5M

Also in the syndicate · 4

Explorer FundKaya VCLiquiditySurge Point Capital

Funding

SEC filings, press & company announcements

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

The YC application· Winter 2024 batch

Alumni Q&A

What is the core problem you are solving? Why is this a big problem? What made you decide to work on it?
The founders note that the US spends one in every five dollars on healthcare, more than any other country, with costs rising about 10% annually while outcomes fail to improve. TrueClaim aims to reverse this trend using newly available healthcare data and AI, targeting savings of 1.5% of GDP.

Summarized from the founders' answers on their Y Combinator profile.

In the news

TrueClaim: The world's first transparent, AI-enabled healthcare TPA (that doesn't suck)ycombinator.com · Aug 2024TrueClaim Raises $2.1M in Pre-Seed Round | The SaaS Newsthesaasnews.com · May 2024TrueClaim Revolutionizing Health Insurance Coststherecursive.com · Apr 2024The 18 most interesting startups from YC's Demo Day show we're in an AI bubbletechcrunch.com · Apr 2024The 18 most interesting startups from YC’s Demo Day show we’re in an AI bubbletechcrunch.com · Apr 2024👩‍⚕️ TrueClaim: Automating healthcare cost savings for companiesycombinator.com · Mar 2024

Frequently asked questions

What does TrueClaim do?
TrueClaim provides a modern insurance platform designed to reduce administrative errors and claims processing failures. The company serves insurance customers seeking to avoid billing mistakes and incorrect coverage denials.
Who founded TrueClaim?
TrueClaim was founded by Barbora Howell, Bobby Bayer in 2023.
Who are TrueClaim's investors?
TrueClaim's investors include Headwater Ventures, KAYA, The MBA Fund, Y Combinator, Orange Collective, Rebel Fund.
Where is TrueClaim headquartered?
TrueClaim is headquartered in San Francisco, US.