Prosper AI Raises $30 Million Led by Andreessen Horowitz

✦ Meridian Analysis

Prosper AI has closed a US‑dollar‑denominated Series A equity round of $30 million, now signed and fully funded. The round was led by Andreessen Horowitz (a16z), with participation from Base10, Emergence Capital, YCombinator and Spanish funds Masía Ventures and Clara Ventures. a16z is the lead investor. Prosper AI, the issuer, is a health‑tech startup that builds autonomous AI agents to handle appointment scheduling, coverage verification, billing and insurer coordination for hospitals and clinics. The mechanics of the deal are a standard venture‑capital equity financing, whereby new shares are issued to the investors in exchange for cash that will be used to expand the company’s engineering hub in Barcelona and accelerate product development. Prosper AI will allocate more than $12 million of the proceeds to its Barcelona hub. Deal professionals will be looking for the valuation at which the round was priced, the composition of the financing package and any debt components that may accompany the equity raise. Information on the legal and financial advisers, as well as the timeline for the planned expansion of the Barcelona centre and any regulatory clearances required for the AI‑driven health services, has not been disclosed.

The Meridian Weekly