What it sells
Basalt builds AI for post-acute healthcare admissions: it reads referral packets as they arrive, checks them against a facility's admission criteria and flags risks with source citations.
Business model breakdown
Workflow: what inputs become what output?
Referral intake: reads faxed packets (e.g. 86 pages in 72 seconds) and flags findings red/yellow/green tied to source lines.
Economics: what it saves and how it charges
Site claims 73% faster time from referral received to admit decision.
Distribution: how it reaches customers
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Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-10-27 | Series A | $20M | — | thesaasnews.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-29.