Taxo Raises $5M from Y Combinator, General Catalyst, and Character to Build Out Autonomous Systems for Healthcare

SAN FRANCISCO, March 27, 2025 (GLOBE NEWSWIRE) -- Taxo, the world's fastest, most accurate data extraction and reasoning engine for healthcare administration, announced today it has raised a $5M seed round of funding. The round was led by Y Combinator, General Catalyst, and Character, with participation from prominent angels including Kulveer Taggar (founder of Zeus Living) and Yahya Mokhtarzada (founder of Rocket Money).

Taxo will use the funds to continue to develop its AI platform and hire for key roles.

"Taxo represents the next frontier in healthcare AI, not just automating paperwork, but transforming medical decision-making with unprecedented accuracy," said investor Kulveer Taggar. "By reducing administrative burden by 90% while maintaining 98% decision accuracy, they're addressing healthcare's trillion-dollar efficiency crisis at its root, allowing medical professionals to reclaim their time for patient care."

Today healthcare is burdened by ...