Capitol, a New York-based provider of an AI solution for healthcare insurers, raised $10M in Seed funding.
Backers included 468 Capital (leader), Designer Fund, Fuel Capital, Tokyo Black, Brian Chesky, Chase Coleman III, Nomad Capital, AirAngels, Sanno Capital, and John McCormick.
The company intends to use the funds to advance the platform, transition out of stealth and further its adoption in healthcare.
Led by CEO Shaun Modi, Capitol provides a Data Stories platform that uses artificial intelligence to generate insights that give healthcare users new access to data to instantly combat fraud, spot cost savings, and improve the quality of healthcare.
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