Funding · Healthcare & Life Sciences

Care.fi raises $8m in equity debt round

By Startup Enthusiast · 11 February 2026

What they do

Care.fi builds AI software to manage hospital billing and payments

The company raised $8 million in a Series A mix of equity and debt

Funds will support expansion into new Indian cities and international markets

Care.fi has raised $8 million in a mixed equity and debt funding round.
The total raise includes $5 million in equity and $3 million in debt financing.
July Ventures led the equity portion of this Series A investment.
Other equity investors include Peak XV Partners, Accion Ventures, and Sadev Ventures.
Debt providers for the transaction were Trifecta Capital and Vivriti.
This follows previous fundraising that included smaller debt rounds from Wint Wealth and RevX.
The company recently acquired Aldun to boost its automated discharge capabilities.

Care.fi provides an AI-powered operating system for hospital revenue cycle management.
Its software handles documentation, coding, claims processing, and payment collections.
The platform reduces patient discharge time from hours to just twenty minutes.
One AI agent can perform the work of fifteen to twenty human staff members.
The company serves major clients like Apollo Hospital and Manipal Hospital.
It processes approximately 1.5 lakh patient claims across five Indian cities.
An NBFC arm offers working capital solutions such as loans and invoice discounting.
Credit partners for the NBFC include Hindon Mercantile and Prateek Securities.
The firm aims to scale to nearly one lakh automated discharges per month.

July Ventures (lead) — Venture capital firm leading the equity round.
Peak XV Partners (participated) — Global venture capital firm participating in the equity round.
Accion Ventures (participated) — Impact investing firm supporting financial inclusion and health tech.
Sadev Ventures (participated) — Venture capital firm investing in early-stage technology companies.
Trifecta Capital (buyer) — Alternative asset manager providing debt financing.
Vivriti (buyer) — Non-banking financial company providing debt financing.

Product: AI-powered healthcare operating system for hospitals.
Customers: Hospitals and healthcare providers.
How it makes money: B2B software and financing for hospital revenue operations and working capital.
What sets it apart: Combines revenue cycle software with an NBFC arm for hospital working capital.
Operations: Based in Gurugram and expanding across India and overseas.