# Verse Medical

> Verse Medical is a New York-based healthtech company building the software infrastructure for in-home healthcare, starting with durable medical equipment (DME) and supplies. Its platform helps hospitals, payors, and care teams order and coordinate equipment like catheters, wound dressings, and diabetes supplies - replacing a fax-and-phone-call process with real-time insurance verification, medical-record-level documentation checks, and centralized order tracking. Founded in 2018 by Dhaivat Pandya out of Y Combinator, Verse today works with many of the largest U.S. health systems and is backed by investors including SignalFire, Sapphire Ventures, General Catalyst, and Abstract Ventures.

- **Founded:** 2018
- **Headquarters:** New York, New York, United States
- **Founders:** Dhaivat Pandya (Founder & CEO)
- **Team size:** ~160 employees (2025)
- **Products:** DME Ordering & Coordination Platform, Real-time Insurance & Eligibility Verification, AI Medical-Necessity & Documentation Checks, Direct-to-consumer medical supplies
- **Notable:** Y Combinator Summer 2018 company that grew into health-system infrastructure., Reported to serve 9 of the top 10 U.S. health systems by revenue for DME ordering., Described as the only DME provider using AI to validate medical necessity down to the medical record.

## Products & services

- **DME Ordering & Coordination Platform** — Software used by health systems, payors, and care teams to order and track durable medical equipment and supplies across many vendors from a single place, without faxing or phone calls.
- **Real-time Insurance & Eligibility Verification** — Validates a patient's insurance coverage in real time and flags variable reimbursement rules across payors before an order is placed.
- **AI Medical-Necessity & Documentation Checks** — Extracts diagnostic and order details directly from the medical record and identifies missing documentation to prevent delays - described as validating medical necessity down to the medical record.
- **Direct-to-consumer medical supplies** — An e-commerce line selling medical products such as wound care, ostomy, urology, and contact lens supplies directly to patients.

## Achievements

- Y Combinator Summer 2018 company that grew into health-system infrastructure.
- Reported to serve 9 of the top 10 U.S. health systems by revenue for DME ordering.
- Described as the only DME provider using AI to validate medical necessity down to the medical record.
- Scaled from a small YC startup to roughly 160 employees.
- Attracted top-tier investors including SignalFire, Sapphire Ventures, and General Catalyst.

## Latest updates

- **2024-06** — Reported reaching approximately $5M in revenue with a ~105-person team.
- **2025-01** — Team reported growing to well over 100 employees as DME platform adoption expanded.
- **2025-04** — Company referenced at growth stage with participation from SignalFire, Sapphire Ventures, and General Catalyst per investor trackers.

## Links

- Website: https://versemedical.com
- LinkedIn: https://www.linkedin.com/company/versemed

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Profile page: https://yespress.io/verse-medical
Published by YesPress — https://yespress.io
Last updated: 2026-07-02