Ethermed: Funding, Investors & Team (Sep 2026)
Ethermed uses AI to solve Prior Authorizations for providers, payers and technology partners, a $500 billion paperwork problem tangential to every healthcare transaction. That seed enables us to stitch together adversarial players and the siloed data ecosystem, to automate public health interventions across the entire spectrum of care and SDOH. Ethermed’s SaaS platform eliminates the healthcare barriers between payers and providers. Our unique algorithm works within existing technology by scanning clinical and non-clinical data and automatically pre-filling and submitting prior authorizations. Ethermed automatically handles authorizations with no human involvement; removes increasing volumes of administrative overhead, and frees up staff to focus on care and revenue priorities - liberating UM teams from hours of clerical work so they can focus on what matters most- patient care.
Ethermed has raised $8.5M across 1 funding round on record, the most recent a Series A of $8.5M announced in Apr 2026.
That round is above the $5.7M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Ethermed Company Profile and Key Stats
Latest funding round on record: Apr 2026.
Ethermed Funding Rounds
Ethermed Founders and Leadership Team
No contact details are on record for this team yet.
Ethermed Funding Compared to Other Artificial Intelligence Startups
Ethermed's latest round of $8.5M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Ethermed Funding FAQs
What does Ethermed do?
Ethermed uses AI to solve Prior Authorizations for providers, payers and technology partners, a $500 billion paperwork problem tangential to every healthcare transaction. That seed enables us to stitch together adversarial players and the siloed data ecosystem, to automate public health interventions across the entire spectrum of care and SDOH. Ethermed’s SaaS platform eliminates the healthcare barriers between payers and providers. Our unique algorithm works within existing technology by scanning clinical and non-clinical data and automatically pre-filling and submitting prior authorizations. Ethermed automatically handles authorizations with no human involvement; removes increasing volumes of administrative overhead, and frees up staff to focus on care and revenue priorities - liberating UM teams from hours of clerical work so they can focus on what matters most- patient care.
How much funding has Ethermed raised?
Ethermed has raised $8.5M across 1 round on record. The most recent is a Series A of $8.5M announced in Apr 2026.
When did Ethermed last raise funding?
Ethermed's most recent funding round on record is a Series A of $8.5M, announced in Apr 2026.
Who founded Ethermed?
FundedIQ lists Daniel Friedman (Founder) at Ethermed.
Where is Ethermed headquartered?
Ethermed is based in Philadelphia, New York, United States.
How many employees does Ethermed have?
Ethermed is in the 11-50 employee band.
How does Ethermed's funding compare to other Artificial Intelligence startups?
Ethermed's latest round of $8.5M is above the $5.7M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.
About FundedIQ's Ethermed Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Ethermed is left off this page rather than filled in.
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