Avelis Health

AI audits medical claims for self-insured employers and health plans

Website: https://www.avelishealth.com

Cover Block

Attribute Value
Name Avelis Health
Tagline AI audits medical claims for self-insured employers and health plans [Y Combinator, 2025]
Headquarters New York
Founded 2025
Stage Pre-Seed
Business Model B2B
Industry Healthtech
Technology AI / Machine Learning
Growth Profile Venture Scale
Founding Team Co-Founders (2)
Funding Label Pre-seed
Total Disclosed $500,000 [Yahoo Finance, Jun 2025]

Links

Executive Summary

Avelis Health is a Y Combinator startup applying machine learning to audit medical claims in real time, focusing on payment integrity for self-insured employers [Y Combinator, 2025]. Founded in 2025 by Angel Onuoha and Ahmad Shehu, the company aims to review 100% of claims to detect billing, coding, and contract errors, targeting a 2-7% reduction in annual claims spend [Avelis Health, 2025]. Its approach combines automated detection with voice AI agents for medical record retrieval and overpayment recovery [Y Combinator, 2025].

The founding team brings a four-year working history, with Onuoha contributing product management experience from Google and Shehu providing technical leadership [Y Combinator, 2025] [RocketReach, 2026]. Capitalization includes a $500,000 pre-seed round led by Y Combinator in mid-2025 [Yahoo Finance, Jun 2025]. Over the next 12-18 months, the company must transition from technical development to named customer deployments and validate its savings percentage in live environments.

Data Accuracy: YELLOW -- Core company claims sourced from YC profile and company site; funding round confirmed by one financial outlet; team background details are partially corroborated but lack recent primary verification.

Taxonomy Snapshot

Axis Value
Stage Pre-Seed
Business Model B2B
Industry / Vertical Healthtech
Technology Type AI / Machine Learning
Growth Profile Venture Scale
Founding Team Co-Founders (2)
Funding Pre-seed (~$500,000)

How the Company Got Here

Avelis Health is a 2025 entity headquartered in New York [Crunchbase, 2025]. Founded by Angel Onuoha and Ahmad Shehu, the team has a working history spanning four years [Y Combinator, 2025]. The company participated in the Y Combinator Summer 2025 batch, securing a $500,000 pre-seed investment [Yahoo Finance, Jun 2025]. The team size is reported as three individuals [Y Combinator, 2025].

Data Accuracy: YELLOW -- Founding date and YC participation are confirmed by multiple sources; team size and founder history are sourced from the company's YC profile.

Product and Technology

The core product is a claims auditing platform using machine learning to identify payment errors before disbursement. The system reviews 100% of incoming claims for billing, coding, and contract compliance [Y Combinator, 2025]. A secondary layer of voice AI agents handles medical record retrieval and recovery [Y Combinator, 2025]. The company targets self-insured employers, health plans, and third-party administrators [Avelis Health, 2025]. The Founding Engineer role requires Python, React, and AWS [Y Combinator, 2026].

Data Accuracy: YELLOW -- Product claims sourced from company and YC materials; technical stack inferred from a single job posting.

Where the Demand Sits

The market for healthcare payment integrity is driven by the need to control costs in the $1.3 trillion U.S. commercial healthcare spend [McKinsey & Company, 2023]. Erroneous payments account for 3% to 10% of total claims spend. Self-insured employer plans, which cover over 60% of workers with employer-sponsored insurance, represent the primary demand driver [KFF, 2023].

Metric Value
U.S. Commercial Healthcare Spend (2023 est.) $1,300B
Typical Erroneous Payment Rate (industry benchmark) 5%
Implied Addressable Overpayment Pool $65B

Data Accuracy: YELLOW -- Market sizing is inferred from third-party industry reports and benchmarks, not company-specific data. The demand driver for self-insured plans is corroborated by KFF research.

Competitive Landscape

Avelis Health competes with legacy vendors like Cotiviti and HMS, and venture-backed challengers like Alaffia Health and Anomaly. Avelis differentiates through its real-time prevention focus and full automation [Y Combinator, 2025].

Company Positioning Stage / Funding Notable Differentiator
Avelis Health AI-powered, real-time claims auditing. Pre-seed, $500K (2025) Focus on 100% claims review and prevention.
Alaffia Health AI-driven claims integrity platform. Seed, $5M (2024) Combines AI with clinical expertise.
Anomaly AI platform for healthcare payment integrity. Series B, $35M (2024) Focuses on complex FWA patterns.

Data Accuracy: YELLOW -- Competitor data sourced from Crunchbase; Avelis's positioning from its YC profile.

Opportunity

Avelis aims to capture a portion of the estimated $100 billion in annual waste from medical billing errors [Avelis Health, 2025].

Scenario What happens Catalyst
Dominant TPA Partnership Avelis's API is embedded as the default audit engine for a major TPA. Successful pilot integration proving workflow efficiency.
Fortune 500 Direct Land A large self-insured corporation adopts Avelis enterprise-wide. Competitive RFP process for healthcare cost containment.

Data Accuracy: YELLOW -- Opportunity sizing is inferred from company claims and a general market context; competitor funding is a single public data point.

Sources

  1. [Y Combinator, 2025] Avelis Health: We audit medical claims for self-insured employers and health plans. | https://www.ycombinator.com/companies/avelis-health
  2. [Avelis Health, 2025] Avelis Health - Audit your medical claims with AI | https://www.avelishealth.com/
  3. [Crunchbase, 2025] Avelis Health - Crunchbase Company Profile & Funding | https://www.crunchbase.com/organization/avelis-health
  4. [Yahoo Finance, Jun 2025] Avelis Health, An AI-Powered Company Helping Patients Lower Their Medical Bills, Secures $500K Pre-Seed Investment From Y Combinator | https://finance.yahoo.com/news/avelis-health-ai-powered-company-173727195.html
  5. [RocketReach, 2026] Ahmad Shehu Profile | https://rocketreach.co/ahmad-shehu-email_1000000000000000000
  6. [Y Combinator, 2026] Founding Engineer - Full Stack Job Posting | https://www.ycombinator.com/companies/avelis-health/jobs/6u8JOei-founding-engineer-full-stack
  7. [McKinsey & Company, 2023] The future of US healthcare: What's next for the industry post-COVID-19? | https://www.mckinsey.com/industries/healthcare/our-insights/the-future-of-us-healthcare-whats-next-for-the-industry-post-covid-19
  8. [KFF, 2023] 2023 Employer Health Benefits Survey | https://www.kff.org/report-section/ehbs-2023-summary-of-findings/
  9. [Crunchbase, 2024] Alaffia Health - Crunchbase Company Profile & Funding | https://www.crunchbase.com/organization/alaffia-health
  10. [Crunchbase, 2024] Anomaly - Crunchbase Company Profile & Funding | https://www.crunchbase.com/organization/anomaly

Articles about Avelis Health

View on Startuply.vc