Basata Raises $21 Million To Expand AI-Based Referral & Scheduling Platform

Basata, an artificial intelligence (AI) company focused on health care referral and scheduling administration, raised $21 million in Series A funding. According to the company, the funding will be used to expand its platform and automate specialty-specific administrative workflows.

The funding round was led by Basis Set Ventures, with participation from Cowboy Ventures, PHX Ventures, Zenda Capital, and Victoria Treyger. The company reported total funding of approximately $24.5 million to date.

Basata’s platform automates administrative processes related to referrals, consumer intake, scheduling, and follow-up communications. According to the company, the system extracts information from faxed referrals . . .