When Valerie Health CEO Peter Shalek demos his product to clinicians, he has an unusual pitch: “This is a weird demo, because you’ll never have to use this software.”
Valerie Health, which Shalek cofounded alongside Uber Health founder Nitin Joshi, aims to fully automate time-consuming front-office tasks in healthcare, such as referrals and patient scheduling.
It’s taking over those tasks for independent provider groups, a focus that’s helping the startup rack up new revenue — and new venture funding.
Valerie Health just raised $30 million in Series A funding led by Redpoint Ventures, the company said Tuesday. The raise brings Valerie Health’s total funding to $39 million since its 2024 founding.
Shalek said Valerie Health is already working with several of the nation’s largest independent provider groups, in areas ranging from urology and podiatry to cardiology.
Across specialties, the front-office challenges for provider groups are often the same, Shalek said: juggling patient intakes and follow-ups against a backlog of referrals.
Those administrative burdens and related financial pressures can lead provider groups to be acquired by hospitals or consolidated by private equity firms. But those deals can mean higher costs for patients and lower satisfaction for the clinicians impacted. Shalek wants Valerie Health to help providers thrive independently.
“I think that there’s an opportunity to make it so that independent practice is the easiest, the highest quality, the most profitable place to deliver care, which is really the core mission we have,” he said.
Valerie Health takes over tasks for healthcare front offices with its own employees in the loop to review the software’s autonomous actions.
Shalek said Valerie Health helps practices grow, too, by processing new and existing patients faster to increase the volume of patients coming in by 5% to 7% on average.
The startup has plenty of competition. More companies are setting out to automate administrative tasks for hospitals and healthcare practices, such as the Andreessen Horowitz-backed startup Tennr, which raised $101 million in Series C funding in June at a $605 million valuation to focus on automating patient referrals.
Shalek said Valerie Health is bringing in business through its singular focus on independent provider groups and its ability to automate tasks without healthcare practices lifting a finger.
“It takes a lot of work from our side, but it allows us to just solve these problems for our customers without saying, here’s another piece of software for you to train your staff on. That’s the last thing these practices want. They just want us to do the work,” he said.
Valerie Health wants to move fast as the market fills. Shalek said the startup is focused on grabbing more customers next year while continuing to build front-office solutions, such as voice AI agents for patient follow-ups. Valerie Health started selling its tech earlier this year; its revenue tripled last quarter from the previous quarter alone, and given the customers already in its pipeline plus the demand it’s seeing in the market, Shalek said he expects revenue to grow six to seven times next year.
The startup is also hiring across its teams, including engineering, product, and sales. Joshi also spent two years as an engineering manager at fintech startup Stripe, so Shalek said Valerie Health has been able to bring over talent from both Stripe and Uber as it expands.
Here’s the pitch deck Valerie Health used to raise $30 million from Redpoint Ventures.
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