Portfolio

Parakeet Health

Gen AI voice platform for patient engagement.

Why We Invested

Nearly 90% of patients still schedule appointments by phone at least some of the time. Parakeet Health leverages AI to meet patients' needs wherever they are. Using conversational AI, Parakeet helps patients schedule appointments, pay bills, and get answers to frequently asked questions. This approach provides a fivefold cost improvement over human staffing and is especially critical as 40% of medical practices report inadequate support staffing. We believe this unprecedented staffing shortage is here to stay, and solutions like Parakeet will unlock significant efficiency and productivity gains in healthcare.

AI
Gen AI voice platform for patient engagement.
Jung Park, Eric Mao & Aaron Lee
Jung Park, Eric Mao & Aaron Lee
Co-Founder & CEO; Co-Founder & CPO; Co-Founder & CTO
Jung Park, Eric Mao & Aaron Lee

Headquarters
San Francisco, CA
Year founded
2023
Investment lead