# RISA Labs

> RISA Labs is a Palo Alto healthtech company building an AI operating system for oncology. Its platform, BOSS (Business Operating System as a Service), decomposes the paperwork-heavy work of cancer care - prior authorization, benefits verification, eligibility checks, denial management - into micro-tasks handled by a network of AI agents, digital twins, and reinforcement learners that plug into EHRs and payer portals. Founded in 2024 by IIT Kanpur alumni Kshitij Jaggi and Kumar Shivang, RISA aims to cut the days-long administrative delays that keep cancer patients waiting for treatment.

- **Founded:** 2024
- **Headquarters:** Palo Alto, California, United States
- **Founders:** Kshitij Jaggi (Co-Founder & CEO), Kumar Shivang (Co-Founder & CTO)
- **Team size:** ~28 employees
- **Products:** BOSS (Business Operating System as a Service), Part B + Part D Prior Authorization, Eligibility & Benefit Verification, Denial Management, Clinical Decision Support
- **Notable:** Raised $11.1M Series A co-led by Cencora Ventures and Optum Ventures (Jan 2026), bringing total funding to ~$14.6M., Reduced denials by as much as 40% at a large oncology practice., Achieved first-pass authorization approval rates approaching 98%.

## Products & services

- **BOSS (Business Operating System as a Service)** — A full-stack orchestration engine that decomposes complex healthcare workflows into micro-tasks and delegates them to a network of intelligent agents - LLMs, digital twins, and reinforcement learners.
- **Part B + Part D Prior Authorization** — Automated filing and tracking of medical and pharmacy prior authorizations against payer-specific guidelines.
- **Eligibility & Benefit Verification** — Automated eligibility and benefits checks across payer systems.
- **Denial Management** — AI-driven identification, appeal, and reduction of claim denials.
- **Clinical Decision Support** — Operationalizes clinical guidelines (e.g. NCCN) and payer policy to support medical necessity checks.
- **Claims Status & Custom Workflows** — Claims status tracking and configurable workflow automation integrated with EHRs and the broader healthcare ecosystem.

## Achievements

- Raised $11.1M Series A co-led by Cencora Ventures and Optum Ventures (Jan 2026), bringing total funding to ~$14.6M.
- Reduced denials by as much as 40% at a large oncology practice.
- Achieved first-pass authorization approval rates approaching 98%.
- Cut authorization turnaround from days to within 24 hours, with some sites achieving hourly turnaround.
- Live at 8 oncology practices with 15 more under contract, processing thousands of cancer cases per day.
- Founders co-authored the research paper 'Digital Twin Ecosystem in Oncology Clinical Operations.'

## Latest updates

- **2026-01** — Closed $11.1M Series A co-led by Cencora Ventures and Optum Ventures to scale BOSS nationwide.
- **2025-04** — Raised $3.5M seed round led by Flipkart co-founder Binny Bansal to eliminate oncology treatment delays.

## Links

- Website: https://risalabs.ai
- LinkedIn: https://www.linkedin.com/company/risalabs
- YouTube: https://www.youtube.com/watch?v=wh8iLElXHNY

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Profile page: https://yespress.io/risa
Published by YesPress — https://yespress.io
Last updated: 2026-07-10