Charta Health is a San Francisco AI startup building a pre-bill chart review platform that reads every patient encounter, catches coding mistakes and missed revenue, and flags compliance risks before claims go out the door. Founded in 2023 by two ex-Rockset engineers who got themselves certified as medical coders, the company raised a $22M Series A in 2025 led by Bain Capital Ventures.
Fawad Butt is the co-founder and CEO of Penguin AI, a Palo Alto-based healthcare AI platform company that raised $29.7M in Series A funding in September 2025. A former Chief Data Officer at Kaiser Permanente, UnitedHealthcare, and Optum, Butt spent years on the buyer side spending hundreds of millions on generic tech before deciding to build the solution healthcare actually needed. Penguin AI targets the $1 trillion annual administrative burden in US healthcare with purpose-built agentic AI, small language models, and digital workers that compress prior authorization reviews from 30 minutes to under two, positioning itself as 'the Epic of the healthcare back office.'
Wedge is the operating system for healthcare AI agents - think Palantir, but for hospitals and health plans. Founded in 2025 and backed by Y Combinator (S25), Wedge helps healthcare organizations deploy, govern, and scale AI agents that automate back-office work like medical records retrieval, claims management, payment reconciliation, and medical coding. With forward-deployed engineering embedded inside health institutions, Wedge doesn't just sell software - it builds, monitors, and maintains AI products permanently inside its customers.