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Trovo Health Announces $15 Million Seed Funding Round Led by Oak HC/FT

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Trovo’s specialty-trained AI software and expert care teams deliver new capabilities for patients, improve outcomes and operate with efficiency

NEW YORK, April 30, 2024-- Trovo Health announced today that it is launching with a $15 million fundraise led by Oak HC/FT. Trovo uses an AI-powered platform backed by a multidisciplinary care team to help providers extend their capabilities. As part of the news, Andrew Adams, co-founder and managing partner at Oak HC/FT, will join the board of directors at Trovo Health.

The company was co-founded by Niren Gandra, M.D., and Aditya Pandyaram and is based in New York City. Trovo’s platform helps physician groups add new capabilities, including those that involve complex tasks requiring specialty-specific expertise. Providers can use the platform to improve outcomes, deliver a better patient experience and improve their own operations.

“Adding new practice capabilities, both internal and patient facing, has always been a challenge for practices,” says Niren Gandra, M.D., CEO and co-founder of Trovo Health. “By combining specialty-specific AI with expert clinical team members, we can help providers tackle historically difficult problems with a click of a button.”

The company has built a team of clinicians and technologists to deliver on its vision. It plans to use the funding to further build out its technology platform, clinical operations and leadership team.

“Trovo’s platform introduces an innovative solution for the most challenging problems in care delivery and operations,” says Andrew Adams, co-founder and managing partner at Oak HC/FT. “We are proud to partner with Niren, Aditya and the Trovo team on their journey to making healthcare services more straightforward for patients and physicians alike.”

“Trovo’s approach is exciting because they are combining cutting edge technology with the expertise of a medical group,” says Vig Chandramouli, partner at Oak HC/FT. “Trovo has the ability to support customers across multiple use cases with a singular platform and completely handle complicated workflows, rather than offer a piecemeal solution.”

About Trovo Health

Trovo Health uses an AI-powered platform backed by a multidisciplinary care team to allow health care providers to extend their capabilities seamlessly. Leveraging specialty-specific AI workflow technology and expert care team members, providers can deliver new capabilities for patients, improve outcomes and operate more efficiently. Co-founded by Niren Gandra, M.D. and Aditya Pandyaram in 2024 to transform patient care, the company is headquartered in New York, NY. Learn more at www.trovohealth.com.

About Oak HC/FT

Oak HC/FT is a venture and growth equity firm specializing in investments in fintech and healthcare, two sectors that consistently evolve and carry extensive responsibility to serve a multitude of populations. Using partnership as a foundation, Oak HC/FT guides companies and founders at every stage, from seed to growth, to create businesses that make a measurable and lasting impact on these two vital industries. Founded in 2014, Oak HC/FT has invested in over 85 portfolio companies and has over $5.3 billion in assets under management. Oak HC/FT is headquartered in Stamford, CT, with an office in San Francisco, CA. Follow Oak HC/FT on Twitter and LinkedIn and learn more at https://www.oakhcft.com/.

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