Breaking
Alaffia Health raises $55M Series B led by Transformation Capital $120M+ in medical costs saved for health plans Named Major Contender in Everest Group PEAK Matrix 2026 Claims reviewed up to 20x faster than manual workflows 20%+ average savings on high-cost facility claims Total funding surpasses $73M Alaffia Health raises $55M Series B led by Transformation Capital $120M+ in medical costs saved for health plans Named Major Contender in Everest Group PEAK Matrix 2026 Claims reviewed up to 20x faster than manual workflows 20%+ average savings on high-cost facility claims Total funding surpasses $73M
Company Profile · Health · Artificial Intelligence

Alaffia
& the war on claims waste

A New York healthtech startup teaching AI to forensically audit hospital bills - with a clinician checking every call.

FOUNDED 2020 · NEW YORK, NY · $73M+ RAISED

Alaffia Health
ALAFFIA HEALTH. The payment integrity platform that pairs agentic AI with expert clinicians. Photographed for the record - the brand behind $120M in health-plan savings.
$55M
Series B, Feb 2026
$120M+
Medical costs saved
20x
Faster claim reviews
5x+
ROI for health plans
The Dispatch

What Alaffia actually does

Every year, the American healthcare system loses an estimated $570 billion to improper payments and administrative waste. Much of it hides in plain sight: a hospital claim for a multi-day stay, a stack of medical records thousands of pages deep, and a human auditor with only so many hours to reconcile the two. Alaffia Health was built to close that gap.

Founded in 2020 by siblings TJ Ademiluyi and Adun Akanni, Alaffia is an AI-powered payment integrity platform for health insurers. Its software reads the complete patient medical record, compares it against the submitted claim, and flags charges that do not add up - overpayments, coding errors, waste, fraud, and abuse. What once took weeks now takes days.

The twist is what Alaffia refuses to remove: the human. Rather than replacing clinicians with a black box, the company pairs agentic AI with expert reviewers who verify every finding. The result, the company argues, is not just faster review but a more defensible one - the kind that survives a provider dispute, an appeal, or a regulator's questions.

That combination - speed plus explainability - is the whole pitch. In an industry where automation is easy to sell and hard to trust, Alaffia is betting the trust is the product.


The Stakes

The problem, and who feels it

The Problem

Waste hides in complexity

Health plans face rising medical costs, tighter regulatory scrutiny, and pressure to keep coverage affordable - all at once. Reviewing high-cost facility claims by hand is slow, inconsistent, and expensive. Generic automation tends to break against the complex, diverse rule sets each payer runs, and it struggles to explain its own decisions.

The Customer

Health plans and their teams

Alaffia sells to regional and national health plans and cost containment firms. Its users are the people doing the work: clinicians, medical coders, and the payment integrity, utilization management, special investigations, and appeals teams who live inside the claims lifecycle every day.

Healthcare doesn't need more automation that no one can explain - it needs AI that clinicians, operators, and regulators can trust. — Adun Akanni, Co-Founder & COO, Alaffia Health
The Toolkit

Products & services

Platform · 2022

Autodor

An integrated claim review SaaS platform that lets health plans ingest, review, and process claims - the shared workspace for payment integrity, utilization management, special investigations, and appeals.

AI Assistant · 2024

Ask Autodor

A generative AI assistant built for payers that automates large medical-record reviews, clinical policy assessment, and claim adjudication - powering facility reviews up to 20x faster.

Engine · 2026

Agentic AI review

AI agents read the full medical record, extract structured clinical facts with 97%+ accuracy, and compare charges to the record - always paired with a human clinician's judgment.

By The Numbers

What the platform reports

Alaffia's stated performance for health plans

SOURCE: COMPANY, FEB 2026 · FIGURES ARE COMPANY-REPORTED
Fact extraction
97%+
Facility savings
20%+
Review speed
20x
Return on invest.
5x+
The Angle

How it's different

The payment integrity market is not empty. Legacy and emerging vendors - names like Cotiviti, Optum, Zelis, EXL, Lyric, Machinify, and ClarisHealth - all promise to help payers recover improper payments. Alaffia's wager is that most of them lean on rules, retrospective recovery, or automation that cannot show its work.

Alaffia's differentiation rests on three ideas. First, agentic AI that reads the entire medical record rather than pattern-matching on claim codes alone. Second, human-in-the-loop review, so every flag is validated by a clinician and can be defended in an appeal. Third, an outcomes-aligned business model: Alaffia largely gets paid by retaining a share of the savings it produces, so it only wins when the client does.

That last point doubles as market positioning. Investor Todd Cozzens of Transformation Capital calls payment integrity “one of the most untapped opportunities in healthcare,” precisely because payers are hard to build for. Alaffia leaned into that difficulty rather than around it - the complexity is the moat.

Business Model

Paid for results

B2B SaaS with an outcomes-aligned component - Alaffia primarily earns by keeping a percentage of the savings it generates for clients.

Expertise

Clinical + technical

Deep bench of clinicians and medical coders working alongside AI engineers, with HITRUST and HIPAA-aligned security for handling sensitive records.

Market Fit

Pre-payment integrity

Positioned in the pre-payment integrity segment - stopping improper spend before it goes out the door, not just clawing it back later.

The Record

Timeline

2020

Alaffia Health founded

Siblings TJ Ademiluyi and Adun Akanni launch Alaffia in New York to bring modern technology to medical claims review.

2022

Autodor takes shape

The integrated claim review SaaS platform begins serving payment integrity, utilization management, and appeals teams.

2024

$10M raise & Ask Autodor

Alaffia raises $10M and launches Ask Autodor, its generative AI assistant for healthcare payers.

2026

$55M Series B & Everest nod

Transformation Capital leads a $55M round; Everest Group names Alaffia a Major Contender in pre-payment integrity.

Cap Table

Funding history

RoundAmountDateLead / Investors
Series B$55,000,000Feb 2026Transformation Capital (lead), FirstMark Capital, Tau Ventures, Twine Ventures
Earlier raise$10,000,0002024FirstMark Capital, Tau Ventures
Total$73M+Board addition: Todd Cozzens, Transformation Capital
The Founders

Built by siblings

CEO & Co-Founder

TJ Ademiluyi

Started his career in finance at Goldman Sachs before returning to healthcare. Grew up around a family medical-billing business - the domain knowledge that seeded Alaffia. Leads company strategy and vision.

COO & Co-Founder

Adun Akanni

TJ's sibling and operating partner, focused on scaling the platform and its clinical operations. The voice behind Alaffia's insistence on explainable, trustworthy AI.

Payment integrity is one of the most untapped opportunities in healthcare, in part because payers are harder to build for due to their complex and diverse rule sets. — Todd Cozzens, Managing Partner, Transformation Capital
Quick Answers

FAQ

What does Alaffia Health do?

It provides an AI-powered payment integrity platform that helps health insurers detect and stop waste, fraud, and abuse in medical claims - reviewing full patient medical records against submitted claims, with expert clinicians validating findings.

Who founded Alaffia Health and when?

It was founded in 2020 by siblings TJ Ademiluyi (CEO) and Adun Akanni (COO), who grew up around a family medical-billing business.

How much funding has Alaffia raised?

More than $73M total, including a $55M Series B in February 2026 led by Transformation Capital with FirstMark Capital, Tau Ventures, and Twine Ventures.

What is Autodor?

Autodor is Alaffia's integrated claim review SaaS platform. Ask Autodor is its generative AI assistant, which lets clinicians and coders review complex facility claims up to 20x faster.

How does Alaffia make money?

Through a B2B SaaS model with an outcomes-aligned component - it primarily earns by retaining a share of the savings it generates for health-plan clients.