PITH

Prior authorization automation for payers.

Health & bioSeedAtlanta, GA
Odds to close a Series A in 12 months35.8%Range 21%–54%
19 of 24 applicable signals known, low confidence
0.0 today−0.6 30 days
Unlikely
−2.6 pts over the past 180 days
25%50%
Last roundSeed, $5.4M
Led bySequoia
Months since13
Total raised$6.2M
Headcount5
Founded2024

Factors

Factors are groups of signals that can contribute to a company’s success. Each is marked positive or negative for its odds. They’re indicators, not guarantees; together, and tested against real outcomes, they become predictive.

Founders49Neutral5 of 6 signals known
Traction53Neutral2 of 3 signals known
Hiring51Neutral5 of 5 signals known
Capital72Positive4 of 4 signals known
Network34Negative2 of 3 signals known
Product50Neutral1 of 3 signals known

SignalValueEffect on odds
Capital3 of 4 pushing up+0.65 net
Traction2 of 3 pushing up+0.09 net
Hiring1 of 5 pushing up+0.04 net
Product1 of 3 pushing up+0.01 net
Founders2 of 6 pushing up−0.02 net
Network0 of 3 pushing up−0.47 net

3 signals don’t apply to Health & bio companies at Seed and aren’t counted.

Connect your CRM, score your own pipeline and test the signals your team believes in. The ones that hold up feed your Venture Decision Model.

Bring it to your fund