Based in San Francisco Plenful, a workflow automation platform for pharmacy and healthcare operations, announced that it has secured $17 million in Series A funding, less than a year after launching with $9 million in funding.
The round was led by TQ Ventures with participation from Mitchell Rales (co-founder and chairman of Danaher), Susa Ventures and existing investors.
what it does
Plenful provides pharmacy technicians with no-code, AI-enabled automation tools for manual and administrative workflows, including help with document data entry for pharmacy revenue cycle, referral orders, audits, and savings verification.
The company will use the funds to expand marketing, sales and product development.
“We are committed to transforming pharmacy and healthcare operations by solving the manual and administrative tasks that are straining the system due to the rapid decline in graduate pharmacists through innovative AI automation solutions,” said Joy Liu, founder and CEO of Plenful. He said. MobiHealthNews By email.
“By streamlining operations and alleviating staffing shortages, we help healthcare teams prioritize patient care. Plenful is committed to improving the delivery of pharmacy care and shaping a more efficient future for healthcare.”
market snapshot
Another company that secured funding for its workflow automation platform this week is SamaCare.
The company helps providers get prior approval for specialty medications, verify enrollment, and verify benefits. We also use data analytics to inform pharmaceutical companies about improving access to treatments.
SamaCare is also secured $17 million in funding.
