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The Weighted Average

Wire

Parakeet Health raises $10M for patient access AI

Parakeet Health raised an oversubscribed $10 million Series A, bringing total funding to $13 million after reporting 10x annual recurring revenue growth. The company’s announcement says it now serves six of the 10 largest U.S. dermatology groups and that an inbound phone-agent pilot reached 2.3 times the resolution rate of an established AI voice vendor. Health systems should file this as a workflow-integration bet, not permission to hand off care decisions; the archive’s medication-access analysis separates administrative automation from treatment choices.