Why We Invested In Alaffia Health — Reducing Fraud, Waste and Abuse in Healthcare Payments

Excited to announce our investment alongside Arthemis in the $5M seed of Alaffia Health which uses machine learning to identify and eliminate fraud, waste, and abuse (FW&A) in healthcare claims. Tau Ventures is an AI-first fund in Silicon Valley investing primarily in seed and we occasionally take later bets when we see immense promise. We are investing in US / Canada but in exceptional cases will consider a deal outside. Alaffia was founded in 2020 in NYC and impressed us with (1) a strong need, (2) building an execution-focused team, and (3) creating a differentiated product. 1) The Need The…...