Keragonan, a Greek-founded automation platform for healthcare powered by AI and compliant with HIPAA regulations, has raised $7.5 million in a seed funding round. This brings their total raised amount to $10.5 million, with Upfront Ventures leading the oversubscribed funding round.
- Launched in 2024, Keragon is an AI-powered automation platform designed to optimize healthcare workflows. It allows professionals to integrate over 300 software tools and create HIPAA-compliant automations without needing coding expertise.
- Tailored specifically for the healthcare industry, the platform automates tasks like patient intake, appointment scheduling, marketing, and team coordination. Customers appreciate its ability to streamline real-time data exchange, reduce administrative tasks, and ensure data security.
“Integrations are Keragon’s backbone. Connecting complex systems at scale and bringing all the tools our customers use into one unified & compliant ecosystem is our top priority. We are now adding an agentic AI layer to guide and personalize any existing and new automation to each healthcare professional and organization," said Conno Christou, CEO and Co-founder of Keragon.
- Since its launch, Keragon has attracted over 100 paying customers, growing at a rate of 30% month-over-month and facilitating more than 2 million healthcare workflow automation.
- For example, Women’s Mental Health Specialists, which serves over 1,000 patients, saved 5 hours per week and reduced errors with Keragon, resulting in faster responses and a 15% increase in revenue.
Details of the deal
- The investment was led by Upfront Ventures, a venture capital firm established in 1996 that backs tech founders and startups from Southern California, the US, Europe, and India. The firm has invested in 456 projects, with a portfolio including 105 startups. Upfront Ventures has facilitated 162 exits, including dot.LA, behold, WithOthers, and SonicEnergy.
“Healthcare providers, front and back office staff are weighed down by a long tail of point solutions that don’t talk to each other and slow down patient care. Keragon turns this fragmentation into a connected ecosystem, and is already beloved by numerous clinics saving hours of manual work,” claims Kevin Zhang, Partner at Upfront Ventures.
- Afore Capital, Focal, and 25m Health have also participated in the funding round.
- The fresh capital raised will be used to accelerate the development of AI-driven automation and expand Keragon's team, focusing on strengthening the software engineering and customer success departments.