1.5M tasks automated daily 38M patients served 12,000+ sites of care $600M valuation 97% patient satisfaction 700+ hours saved per provider per year CityMD partnership: 180+ locations Series B: $100M from ICONIQ Growth 1.5M tasks automated daily 38M patients served 12,000+ sites of care $600M valuation 97% patient satisfaction 700+ hours saved per provider per year CityMD partnership: 180+ locations Series B: $100M from ICONIQ Growth
Healthcare AI Platform

Notable

The company that bet healthcare's real problem isn't diagnosis - it's paperwork. And they were right.

1.5M
Tasks/Day
12K+
Care Sites
$600M
Valuation
38M
Patients Served

It's 7:42 AM at a CityMD urgent care clinic in Manhattan. A patient walks in with a sore throat. By the time they reach the front desk, their insurance is verified, intake forms pre-filled, and the scheduling system has already flagged they're overdue for a flu shot. No clipboard. No twenty-minute wait. No frustrated sighing from either side of the counter.

This is what 1.5 million automated tasks per day looks like in practice. Not robots replacing doctors. Not AI diagnosing disease. Just the systematic elimination of every click, call, and form that stands between patients and care.

Notable calls this "intelligent automation." Wall Street calls it a $600 million company. The 38 million patients who've moved through their platform probably just call it "finally."

Imagine not having to make a phone call ever again in the healthcare system - not for scheduling appointments, verifying insurance, making referrals, or collecting payments.

- Pranay Kapadia, CEO & Co-founder

The Problem Nobody Wanted to Fix

American healthcare spends somewhere between 15% and 30% of every dollar on administration. Not treatment. Not research. Not facilities. Paperwork. Phone trees. Fax machines that somehow still exist. Insurance verification that requires a human to type the same information into three different systems.

This isn't news to anyone who works in medicine. At a family holiday dinner in 2016, Pranay Kapadia sat with six relatives who were all doctors. The conversation turned, as it always does, to complaints about the job. Not the hard cases or the difficult patients. The forms. The clicking. The soul-crushing administrative overhead.

His wife, a psychiatrist, put it most directly: she felt like "the highest paid data collector in the world."

Kapadia had spent seven years at Intuit building QuickBooks and Mint. He'd just come off helping found Blend, which automated mortgage applications. He knew what software could do to paperwork. The question was whether healthcare would let it.

The Founders' Bet

Three people started Notable in a Burlingame garage in 2017: Kapadia as CEO, Adam Ting as Chief Product Officer, and Justin White as CTO. Their approach was almost anthropological - they didn't assume they knew what healthcare needed. They went in asking questions.

Pranay Kapadia
CEO & Co-founder
Adam Ting
CPO & Co-founder
Justin White, PhD
CTO & Co-founder

The first product they built addressed provider burnout. It worked technically. It failed commercially. The pitch focused on patient experience, but doctors don't buy software based on patient experience metrics. They buy based on whether it makes their day less terrible.

Product number two was an Apple Watch app that used speech recognition to help physicians take notes. Tim Cook himself noticed it. Still couldn't sell it.

Two failed products. Running out of runway. The kind of moment where most startups write their post-mortem. Kapadia later admitted: "There were a number of times where we were like, 'We're done. I don't know how to...'"

Then Everything Changed

March 2020. COVID hit. Kapadia made a call: stop everything, build something useful. Within 48 hours, Notable engineers had software that could identify high-risk COVID patients and track disease spread across a health system's population.

A few months later, vaccines arrived. Healthcare systems needed to schedule millions of appointments with limited supply, changing eligibility rules, and infrastructure that was never designed for this. Notable built an automated scheduling system.

At North Kansas City Hospital and Meritas Health, it scheduled 1,600 vaccine appointments in one minute.

This was the proof point. Not an Apple Watch app. Not a burnout solution looking for buyers. A crisis response that showed what intelligent automation could actually do at scale.

The Notable Timeline
2017

Founded in a Burlingame garage by Kapadia, Ting, and White

2018

$5.7M Seed round from 8VC and Maverick Ventures

2020

$13.5M Series A; COVID pivot proves the model; vaccine scheduling breakthrough

2021

$100M Series B led by ICONIQ Growth; $600M valuation

2024

CommonSpirit Health receives Platform Lifetime Achievement award

2025

CityMD partnership (180+ sites); Inova Health system-wide deployment; Flow AI launch

The Machine

Notable's platform is essentially a workforce of AI agents, each trained to handle specific administrative tasks. Scheduling Assistant books appointments and verifies insurance simultaneously. Authorization Assistant handles prior auth - the bureaucratic purgatory that delays countless treatments. Care Gap Closure Assistant scans records for overdue screenings and automates patient outreach.

Patient Access
Scheduling & Intake

Pre-visit registration, insurance verification, and appointment booking without phone calls or clipboards.

Revenue Cycle
Authorizations & Billing

Prior auth, claims processing, and payment collection that doesn't require a human to chase paperwork.

Care Operations
Referrals & Care Gaps

Automated referral processing and proactive outreach for missed preventive care.

Contact Center
AI Voice Agents

Phone calls handled by AI with 57% containment rate - no hold music required.

The latest addition is Flow AI, a conversational interface that lets healthcare administrators build automation workflows using plain English. Instead of coding logic, you describe what you want. The system figures out how to make it happen.

We're not trying to replace the physician's autonomy and decision-making. There's nothing that can replace that human connection and empathy.

- Pranay Kapadia

The Proof

Numbers tell one story. Montage Health cut referral processing from 14 days to 3, with 97% of in-scope referrals now automated. MUSC reports $3.3 million in annual value and collects 15% of copays touchlessly. Catholic Health saved $350,000 annually while eliminating hold times entirely through AI voice agents.

Operational Impact by Customer
Montage Health
97%
NY Health Systems
95%
Patient Satisfaction
97%
Catholic Health
57%

Referral automation (Montage), accuracy rate (NY), satisfaction (all), and voice containment (Catholic)

The customer roster reads like a who's who of American healthcare: CommonSpirit Health (the nation's largest nonprofit health system), Intermountain Health, CityMD's 180+ urgent care locations, Inova Health in Northern Virginia, Sanford Health across the upper Midwest.

CommonSpirit Health Intermountain Health CityMD Inova Health Sanford Health MUSC Catholic Health Montage Health

Backing comes from investors who've seen enterprise software transform industries before: ICONIQ Growth led the $100 million Series B, with Greylock, F-Prime Capital, and Oak HC/FT along for the ride. The advisory board includes Toby Cosgrove, former CEO of the Cleveland Clinic, and Carl Byers, founding CFO of Athenahealth.

The Mission - And Why It Matters Tomorrow

"Simplify and optimize healthcare for humanity" sounds like corporate mission-statement boilerplate until you consider what it means in practice. Every hour a nurse spends on hold with an insurance company is an hour not spent with patients. Every prior authorization that takes a week is a week of delayed treatment. Every form filled out three times is friction that makes healthcare worse.

Notable's bet is that AI agents can handle most of this. Not the medicine - Kapadia is explicit that physician autonomy and the human connection aren't replaceable. But the administrative machinery that surrounds medicine, that has grown into a $1 trillion overhead cost on the American healthcare system.

The company aims to impact 100 million patients. At 38 million and counting, they're more than a third of the way there.

Back to That Manhattan Clinic

The patient with the sore throat is now in an exam room. Total time from walking through the door: eight minutes. The physician has their complete history already pulled up, flagged items highlighted, insurance verified. The visit focuses on the visit.

This is what Notable built in that Burlingame garage, through two failed products and a pandemic pivot, with $119 million in funding and an obsessive focus on the 15-30% of healthcare spending that produces zero health outcomes.

Somewhere, a fax machine is still humming in a hospital basement. But every day, there's a little less for it to do.