Basalt Health, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Basalt Health, Inc. - overview
Established
2024
Location
New York, NY, US
Primary Industry
Healthcare IT
About
Based in the US, Basalt Health, Inc. , operates as a healthcare software company that provides referral review and admissions decision support software for post-acute care providers. Based in New York, the US and founded in 2024, Basalt Health, Inc. is a healthcare software company.
In September 2026, Basalt Health, Inc. The company will use the funding to expand its platform into discharge and payer workflows and grow its sales, implementation, engineering, and marketing teams. Basalt Health specializes in optimizing post-acute admissions through its proprietary AI-driven platform, which processes referral packets to expedite admission decision-making. The platform analyzes incoming documentation in real-time, checks it against admission criteria, and flags findings with color-coded indicators.
This technology enhances the intake process while ensuring compliance with medical necessity for reimbursements, targeting hospitals and healthcare facilities, particularly in the behavioral health sector. The revenue model for Basalt Health revolves around partnerships with healthcare facilities that utilize its AI platform for managing post-acute admissions. Transactions may include subscription-based service agreements for software access and ongoing support, as well as consulting services for optimizing platform integration within healthcare workflows. The platform aids facilities in assembling and documenting medical necessity evidence to support claims efficiently, ensuring thorough processing of payment opportunities.
The company plans to expand its platform into discharge and payer workflows and grow its sales, implementation, engineering, and marketing teams.
Current Investors
New Enterprise Associates, Frist Cressey Ventures, 25Madison Ventures
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT, Medical Software
Website
www.basalt.health
Verticals
Artificial Intelligence, HealthTech
Company Stage
Series A
Total Amount Raised
Subscriber access only
Basalt Health, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A | Completed | Basalt Health, Inc. | - | ||||||||
| Seed | Completed | Basalt Health, Inc. | - |
Displaying 1 - 2 of 2

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.