Coral
Coral is an AI-native healthcare automation platform that uses document understanding, agentic workflows, and voice automation to streamline administrative intake, prior authorization, and referral processing for U.S. specialty healthcare providers including DME suppliers, infusion centers, radiology practices, and specialty pharmacies.
- Company typePrivate
- Founded2024
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Coral does
Coral is a New York-based, venture-backed healthcare automation startup founded in 2024 by Ajay Shrihari and Aniket Mohanty, both IIIT Hyderabad alumni and former LimeChat operators. The company sells an AI-native platform that automates administrative workflows (patient intake, prior authorization, referral routing, eligibility verification, billing, and compliance) for U.S. specialty healthcare providers, including durable medical equipment (DME) suppliers, infusion centers, radiology practices, and specialty pharmacies. Coral's core technology combines a proprietary document-understanding model (claimed 99.7% accuracy on faxes, scanned forms, and handwritten clinical documents), an agentic workflow engine for multi-step execution, voice automation, and a Universal Inbox that consolidates fax, email, and CSV inputs into a single queue with downstream EHR, e-fax, physician-portal, and payer-portal integrations.
The business operates on an enterprise SaaS model with custom contract-based pricing (no public tiers, no self-serve, all deals initiated via "Book a Demo"). Coral's go-to-market is sales-led and field-driven: prospects are taken through a three-step onboarding (requirements gathering, secure credential/file exchange, and a live demo on real documents) and the team historically embedded on-site with clinic staff during the build phase. Coral reports processing 500,000+ patients per month, "multiple millions" in revenue within its first year, and a public target of 4x growth before year-end; named customers include DASCO (DME) and Pharma Fusion (specialty pharmacy). The company is privately held, headquartered in New York (legal entity ASMOne, Inc.), and closed a $12.5 million seed round in April 2026 co-led by Lightspeed and Z47 (formerly Matrix Partners India), with use of funds directed toward engineering and healthcare-operations hiring, voice/text workflow development, the AI Workflow Builder, the Co-pilot Intelligence Layer, and expansion into additional specialty categories such as radiology. Coral holds SOC 2 / AICPA SOC, ISO 27001, and HIPAA-aligned compliance certifications.
Coral firmographics
Firmographics- Name
- Coral
- Legal name
- ASMOne, Inc.
- Website
- https://trycoral.xyz
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Coral is an AI-native healthcare automation platform that uses document understanding, agentic workflows, and voice automation to streamline administrative intake, prior authorization, and referral processing for U.S. specialty healthcare providers including DME suppliers, infusion centers, radiology practices, and specialty pharmacies.
- Ownership category
- akta.pro rank
Coral industry classification
Industry- Product category
- Healthcare Workflow Automation
- NAICS
- Software Publishers (51321), Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Patient Intake, Digital Registration & eForms (HLACAEAF)
- akta.pro secondary industries
- Care Navigation, Referral & Digital Front Door Platforms (HLALABAH), Adherence, Reminders & Engagement Automation (Medication/Follow-up) (HLACAEAJ), Patient Engagement, Education & Messaging Platforms (portal/CRM integrated) (HLALABAJ)
Keywords
Where Coral is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Coral business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Enterprise automation subscriptions: Recurring SaaS revenue from specialty healthcare providers (DME suppliers, infusion centers, radiology practices, specialty pharmacies) that deploy Coral to automate administrative workflows. Revenue model is enterprise, contract-based, scaling with patient volume (company reports multiple millions in revenue within first year, targeting 4x growth before year-end).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | — | Custom enterprise quote (not publicly disclosed) |
Go-to-market motion3 records
Coral product offering
Product offeringCore offering
Coral sells an AI-native healthcare administration automation platform that ingests faxes, emails, scanned forms, and CSVs and orchestrates end-to-end specialty-provider workflows — Universal Inbox, Document Extraction (99.7% accuracy), Eligibility/Qualification, Missing-Info triage, and EHR Sync — with deep native integrations to EHR systems, e-fax, physician portals, and payer portals. The platform is delivered as a multi-tenant SaaS subscription with bespoke enterprise contracts, sold to U.S. specialty healthcare providers (DME suppliers, infusion centers, radiology practices, specialty pharmacies) via a sales-led motion anchored on a "Book a Demo" CTA.
Product overview
Coral's offering is a single unified AI-native automation platform (the "Coral Platform") rather than a collection of standalone products, organized as a core platform-plus-modules architecture. The core platform orchestrates end-to-end specialty-healthcare administrative workflows — Universal Inbox for multi-channel intake, Document Extraction for fax/scan/handwriting understanding, Eligibility Benefits / Qualification / Missing Info / EHR Sync pipeline stages, and Custom Workflow Routing — all built around native deep integrations with EHR systems, e-fax, physician portals, and payer portals. Layered on top are add-on modules — Voice Automation, Agentic Workflows, the planned AI Workflow Builder, and the Co-pilot Intelligence Layer — while vertical sub-products (DME, Radiology, Infusion, and Specialty Pharmacy Workflows) tailor the platform to specific service lines. Coral markets this portfolio as a "10x patient intake" replacement for legacy RPA, claiming 99.7% document-processing accuracy, sub-five-minute intakes, and HIPAA-compliant infrastructure.
Differentiator
Problem solved
Functional benefit
Products and services
- Coral Platform AI-native healthcare administration automation platform that ingests referrals, faxes, emails, and CSVs and orchestrates document processing, eligibility verification, prior authorization, and EHR sync for specialty healthcare providers; marketed as a '10x patient intake' replacement for legacy RPA tools with claimed 99.7% document-processing accuracy and sub-five-minute intakes.
- DME Workflows Specialty vertical workflow package for durable medical equipment providers that routes referrals, qualifies orders, and chases authorizations so equipment ships faster; built on the Coral Platform with DME-specific document and SOP routing.
- Radiology Workflows Specialty vertical workflow package for radiology practices that processes imaging referrals, verifies authorizations, and routes to the right imaging modality; delivered as a Coral Platform vertical configuration.
- Infusion Workflows Specialty vertical workflow package for infusion centers that handles benefits verification, clinical qualification, and scheduling for complex infusion therapy workflows; built on the Coral Platform.
- Specialty Pharmacy Workflows Specialty vertical workflow package for specialty pharmacies that routes prescriptions, verifies coverage, and manages enrollment across payers and hubs; built on the Coral Platform.
Quantifiable outcome
- 99.7% document-processing accuracy on key document types
- +4 more outcomes
Companies that use Coral
Customer profileNamed customers2 records
Ideal customer profiles2 records
Coral technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability11 records
Feature9 records
Coral partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Pharma FusioncorePharma Fusion is cited on Coral's homepage as a partner using Coral AI to advance 'innovation and operational excellence,' integrating advanced AI capabilities to improve efficiency and the experience for providers and patients; quote attributed to Caitlin Henderson of Pharma Fusion.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Coral competitors and assessment
Company assessmentDirect peers
- Cohere Health: Cohere Health is an AI-driven prior authorization and utilization management platform for specialty care, competing head-to-head with Coral in the prior-auth/intake wedge for specialty providers.
- Tennr: Tennr automates healthcare document workflows (referrals, faxes, prior authorizations) using AI, competing with Coral on document understanding and referral-routing for specialty providers.
- Olive AI: Olive AI is one of the most capitalized healthcare admin-automation companies, deploying AI to automate revenue cycle, prior auth, and patient access workflows for hospitals and specialty providers.
- Anterior: Anterior applies AI to prior authorization and clinical admin workflows for healthcare payers and providers, directly competing with Coral's prior-auth and eligibility automation capabilities.
- Infinitus Systems: Infinitus automates benefit verification, prior authorization, and payer calls via voice and data AI for healthcare providers, directly overlapping with Coral's voice automation and eligibility-verification capabilities.
Emerging players
- Candid Health: Candid Health automates medical claims processing and revenue cycle management with AI, partially overlapping Coral's billing-side automation but oriented to claims rather than intake.
- SmarterDx: SmarterDx applies AI to hospital revenue cycle and clinical documentation integrity, adjacent to Coral's billing/compliance automation but more focused on coding and charge capture.
- Avo (Avo MD): Avo builds clinical workflow and decision-support tools integrated with EHRs, thematically comparable to Coral's EHR-integrated automation and co-pilot intelligence roadmap.
Broad incumbents
- UiPath: UiPath is the leading legacy RPA platform that Coral explicitly positions against, given UiPath's ~30% failure rate on unstructured healthcare data; UiPath is broadening into healthcare-specific AI and document understanding.
- Microsoft (Power Automate / DAX Copilot): Microsoft bundles Power Automate and AI capabilities into healthcare clouds and EHR-adjacent workflows, posing a broad-platform threat to point-solution admin-automation players like Coral.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Coral social profiles
Digital presenceCoral compliance and trust
Trust signalCompliance4 records
Coral financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coral leadership team
Management profileNumber of profiles
Profiles2 records
Coral funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coral M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Coral
What does Coral do?
Coral sells an AI-native healthcare administration automation platform that ingests faxes, emails, scanned forms, and CSVs and orchestrates end-to-end specialty-provider workflows — Universal Inbox, Document Extraction (99.7% accuracy), Eligibility/Qualification, Missing-Info triage, and EHR Sync — with deep native integrations to EHR systems, e-fax, physician portals, and payer portals. The platform is delivered as a multi-tenant SaaS subscription with bespoke enterprise contracts, sold to U.S. specialty healthcare providers (DME suppliers, infusion centers, radiology practices, specialty pharmacies) via a sales-led motion anchored on a "Book a Demo" CTA.
Is Coral a public or private company?
Coral is a private company. It is classified as venture growth investor backed and is currently operating.
When was Coral founded?
Coral was founded in 2024. It employs 1 to 10 people.
Where is Coral based?
Coral is headquartered in New York, United States, in the North America region.
How does Coral make money?
One revenue line is on record: enterprise automation subscriptions.
Who are Coral's main competitors?
Direct peers on record are Cohere Health, Tennr, Olive AI, Anterior and Infinitus Systems. Emerging players are Candid Health, SmarterDx and Avo (Avo MD). Broad incumbents are UiPath and Microsoft (Power Automate / DAX Copilot).
Does Coral have an API?
No public API is recorded for Coral.
What industry is Coral in?
Coral's product category is Healthcare Workflow Automation. Its primary akta.pro industry code is HLACAEAF, Patient Intake, Digital Registration & eForms, with a secondary code of HLALABAH, Care Navigation, Referral & Digital Front Door Platforms. Its NAICS code is 51321 and its SIC code is 7372.