# Arrow

> Arrow is a New York-based healthcare technology company building an AI-powered operating system for revenue cycle management (RCM). Formerly known as Walnut and often described as 'Stripe for healthcare,' Arrow helps healthcare organizations reduce claim denials, accelerate collections, and run billing, claims, and payer communications from a single platform. Founded in 2020 by Roshan Patel and Yash Joshi, the company emerged from stealth in 2024 with $110M in Series A financing led by Gradient Ventures.

- **Founded:** 2020
- **Headquarters:** New York, New York, United States
- **Founders:** Roshan Patel (Co-Founder & CEO), Yash Joshi (Co-Founder & CTO)
- **Team size:** ~110 employees
- **Products:** Denial Management, Payer Communications, Real-time Dashboards, System Integration, Patient & Insurance Billing
- **Notable:** Raised $110M Series A led by Gradient Ventures and emerged from stealth in June 2024., Rebranded from Walnut to Arrow, expanding from patient payments to full revenue cycle management., Reported customer outcomes of 65% reduction in manual effort and 20% lower cost to collect.

## Products & services

- **Denial Management** — Automated identification, resolution, and resubmission of denied claims, with root-cause analysis to prevent repeat denials.
- **Payer Communications** — AI-driven follow-ups, claim status checks, and underpayment investigations that reduce manual phone and portal work.
- **Real-time Dashboards** — Denial tracking by payer, resolution metrics, and revenue cycle visibility for finance and RevOps teams.
- **System Integration** — Connects to EHRs, clearinghouses, and payer portals without requiring providers to replace existing platforms.
- **Patient & Insurance Billing** — Payment infrastructure spanning patient billing (including financing options) and insurance billing to accelerate provider collections.

## Achievements

- Raised $110M Series A led by Gradient Ventures and emerged from stealth in June 2024.
- Rebranded from Walnut to Arrow, expanding from patient payments to full revenue cycle management.
- Reported customer outcomes of 65% reduction in manual effort and 20% lower cost to collect.
- Featured in Forbes as 'Stripe for Healthcare.'

## Latest updates

- **2024-06** — Arrow emerged from stealth announcing $110M in Series A funding led by Gradient Ventures.
- **2024-03** — Profiled by Forbes as 'Stripe for Healthcare,' outlining its patient-provider-payer approach.

## Links

- Website: https://arrowhq.com
- LinkedIn: https://www.linkedin.com/company/arrowhq
- Twitter/X: https://x.com/Arrow_Payments
- YouTube: https://www.youtube.com/channel/UC427mu9y-MBTzwsM9nrPMSQ

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Profile page: https://yespress.io/arrow
Published by YesPress — https://yespress.io
Last updated: 2026-07-22