When was Sohar Health founded?

Sohar Health was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Sohar Health located?

Sohar Health is headquartered in New York City, United States.

Who is the current CEO of Sohar Health?

Ashish Mandavia of Sohar Health. They have also founded 1 company.

How many employees does Sohar Health have?

As of Jul 31, 2026, the latest employee count at Sohar Health is 14.

Is Sohar Health a funded company?

Sohar Health is a funded company, having raised a total of $4.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2023.

How much is Sohar Health worth?

The latest valuation of Sohar Health is $***** as of Jan 01, 2023.

When was the latest funding round of Sohar Health?

Sohar Health's latest funding was a $***** Seed round on Mar 28, 2025, with participation from 4 investors.

Where does Sohar Health rank among its competitors?

Sohar Health ranks 12th amongst 413 active competitors, of which 47 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Fathom, which secured an undisclosed amount in May, 2026.

Who are the top competitors of Sohar Health?

Sohar Health's top competitors include RapidClaims, Fathom and Artificial Labs. Among them, Fathom secured the most recent funding round in May, 2026.

Sohar Health - 2026 Company Profile, Team, Funding & Competitors

Sohar Health is a seed company based in New York City (United States), founded in 2023 by Lucas Gordon and Ashish Mandavia. It operates as an AI-powered medical coding and verificaion platform for insurance claims. Sohar Health has raised $4.3M in funding from Y Combinator and Kindred Capital, with a current valuation of $*****. The company has 413 active competitors, including 47 funded and 28 that have exited. Its top competitors include companies like RapidClaims, Fathom and Artificial Labs.

Company Details

AI-powered medical coding and verificaion platform for insurance claims. The platform enables behavioral health providers to improve coding accuracy and reduce claim denials using real-time insurance eligibility verification and AI-powered medical coding. It automates insurance eligibility verification, patient intake, and revenue cycle management processes.

Website: www.soharhealth.com/
Social
Email ID: *****@soharhealth.com

Key Metrics

Founded Year

2023

Location

New York City, United States

Stage

Seed

Total Funding

$4.3M in 2 rounds

Latest Funding Round

Seed, Mar 28, 2025, $*****

Post Money Valuation

$***** as on Jan 01, 2023

Investors

Y Combinator & 4 more

Ranked

12^th among 413 active competitors

Employee Count

14 as on Jul 31, 2026

Similar Companies

OpenEvidence & 3254 more

View Sohar Health's full profile

Sohar Health has raised a total funding of $4.3M over 2 rounds. Its first funding round was on 2023. Its latest funding round was a Seed round on Mar 28, 2025 for $*****. 4 investors participated in its latest round. Sohar Health has 5 institutional investors.

Here is the list of recent funding rounds of Sohar Health:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 28, 2025	4191734	Seed	9626542	3234878	7734450	3048599
2023	3600	Seed	7839	7500	Y Combinator	3622

Access funding benchmarks and valuations. Sign up today!

View details of Sohar Health's funding rounds and investors

The founders of Sohar Health are Lucas Gordon and Ashish Mandavia. Ashish Mandavia is the CEO of Sohar Health.

Here are the details of Sohar Health's key team members:

Lucas Gordon: Co-Founder & CTO of Sohar Health.
Contact Info: 1 email address
Ashish Mandavia: Co-Founder & CEO of Sohar Health.
Contact Info: 1 email address

View details of Sohar Health's Founder profiles and Board Members

Sohar Health's employee count trend

Sohar Health has 14 employees as of Jul 26. Here is Sohar Health's employee count trend over the years:

Uncover Sohar Health's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Sohar Health include RapidClaims, Fathom and Artificial Labs. Here is the list of Top 10 competitors of Sohar Health, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	RapidClaims 2023, Manhattan (United States), Series A	Provider of AI-powered platform for revenue cycle management and intelligence	$11.1M	Accel, Together & 13 others	65/100
2nd	Fathom 2017, San Francisco (United States), Series B	Provider of autonomous medical coding platform and related coding services	$61M	Inflect Health, Alkeon Capital Management ... & 15 others	63/100
3rd	Artificial Labs 2013, London (United Kingdom), Series B	Software solutions provider for Insurers	$72.1M	Force Over Mass, Mundi Ventures & 9 others	62/100
4th	Arintra 2020, Austin (United States), Series A	AI powered autonomous medical coding solution for hospitals	$21.5M	Peak XV Partners, Y Combinator & 7 others	62/100
5th	Charta Health 2023, San Francisco (United States), Series A	Provider of AI-based pre-bill review solutions for hospitals and healthcare providers	$30.1M	Bain Capital Ventures, SV Angel & 4 others	61/100
6th	Inbox Health 2014, New Haven (United States), Series B	Cloud-based medical billing and payment management solution for healthcare companies	$68.4M	Connecticut Innovations, Ten Coves Capital ... & 16 others	58/100
7th	Leonteq 2007, Zurich (Switzerland), Public	Products and Services provider for Structured Products	-	VERAISON Capital	54/100
8th	KAID 2019, United States, Acquired	AI and SaaS-based care coordination and management software for healthcare organizations	$9M	Activate Venture Partners, Martinson Ventures ... & 3 others	54/100
9th	XpertDox 2015, Birmingham (United States), Seed	AI powered medical coding and clinical trials solutions provider	$3.58M	Innovation Depot, CG Ventures & 2 others	53/100
10th	Maverick Medical 2018, Tel Aviv (Israel), Series A	AI-powered autonomous medical coding solutions for healthcare organizations	$5.7M	LionBird, Firstime & 10 others	52/100
12th	Sohar Health 2023, New York City (United States), Seed	AI-powered medical coding and verificaion platform for insurance claims	$4.3M	Kindred Capital, General Catalyst & 3 others	51/100