Notable
“Can an AI agent platform replace the administrative labor layer of healthcare — from patient intake through revenue cycle collections?”
Founded2017
HQSan Mateo, CA, USA
FoundersPranay Kapadia
Total raised$100M+ (Series B)
Latest roundSeries B, 2021
Valuation$600M (2021)
IndustryVertical SaaS / Healthcare
The story
Founded 2017 as an RPA/intelligent automation company for healthcare administrative workflows (intake, scheduling, prior authorization, documentation, billing). Pivoted in 2023 toward LLM-powered AI Agents with the launch of Patient AI, and now positions itself as 'The AI Platform Purpose-Built for Healthcare' spanning Patient Access, Revenue Cycle Management, Care Operations, and Contact Center. Embedded finance is limited to payment collection inside the patient-facing Assistant product — Notable is a healthcare workflow platform, not a fintech.
Product timeline
2017
Notable founded as an intelligent automation company for healthcare administrative workflows.· pivot
2021
Raised $100M Series B at $600M valuation led by ICONIQ Growth.· banking
2023
Launched Patient AI using LLMs/GPTs for personalized patient engagement.· pivot
2024
Completed SOC 2 Type 2 compliance.· pivot
2025
Achieved ISO/IEC 27001:2022 certification.· pivot
2026
Launched Connector Hub with 786+ healthcare integrations across HL7, X12, FHIR.· pivot
The stack
0 layers disclosed in Notable’s embedded-finance stack
Accounting gap: none