Tech Company Financing Transactions

Coral Funding Round

Coral, operating out of New York, secured $12.5 million in investment from Lightspeed Venture Partners, Z47 and private investors.

Transaction Overview

Company Name
Announced On
4/20/2026
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Undisclosed
Investors

Lightspeed Venture Partners (Lead Investor)

Z47 (Lead Investor)

Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.

Company Information

Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
Phone
Undisclosed
Email Address
Overview
Coral is a healthcare platform designed to help providers run smarter, faster, and more autonomously. By leveraging AI-driven automation and agentic workflows, Coral integrates with existing healthcare systems to automate complex tasks across patient intake, prior authorization, billing, compliance and patient outreach. Coral reduces human error, accelerates care delivery, and frees up healthcare staff to focus on areas where judgment and empathy matter most.
Profile
Coral LinkedIn Company Profile
Social Media
Coral Company Twitter Account
Company News
Coral News
Facebook
Coral on Facebook
YouTube
Coral on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Aniket Mohanty
  Aniket Mohanty LinkedIn Profile  Aniket Mohanty Twitter Account  Aniket Mohanty News  Aniket Mohanty on Facebook
Co-Founder
Ajay Shrihari
  Ajay Shrihari LinkedIn Profile  Ajay Shrihari Twitter Account  Ajay Shrihari News  Ajay Shrihari on Facebook


 

 

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Where The Data Comes From

We record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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