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Oct 9, 2025 12:00 PM

Foundation Health Secures $20M Series A to Scale AI-Powered Infrastructure for Pharmacy Operations, Care Coordination, and Direct-to-Patient Delivery

Funding Supports Expansion of PAIGE AI Pharmacist Assistant, Driving Intelligent Automation for Prior Authorizations and Patient Communication

Comprehensive Platform Reduces Manual Pharmacy Workflows by Up to 75% While Powering Fully Integrated Care Experiences

SAN FRANCISCO, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Foundation Health, a healthcare technology company delivering comprehensive AI-powered infrastructure spanning pharmacy operations, care coordination, and direct-to-patient delivery, today announced the close of a $20 million Series A funding round. Led by Define Ventures, with participation from Vanderbilt University, Intermountain Ventures, and existing investors, the round brings total funding to $26 million since the company's founding in 2023. The capital will be used to scale Foundation Health's sales and operations teams, accelerate development of its comprehensive pharmacy solution suite, and meet growing demand from health systems and direct-to-consumer healthcare organizations seeking to reduce pharmacist administrative burden and improve patient experiences.

"Pharmacy's operational backbone hasn't evolved to meet today's patient expectations or system-level complexity," said Umar Afridi, Founder and CEO of Foundation Health. "We built Foundation to be a modern infrastructure layer that helps care organizations, from large health systems to innovative D2C brands, deliver high-quality care with less friction. This funding enables us to scale rapidly and serve a broader range of partners."

The funding follows the launch of PAIGE AI, Foundation Health's in-house AI pharmacist assistant that automates patient communication and prior authorization workflows across medical and pharmacy benefits. Integrated ...

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