Mandolin Raises $40M in Series A

Mandolin has successfully raised $40M in a Series A from multiple investors.

Company Overview

Mandolin is a HealthTech company headquartered in Austin, TX, founded in 2022 with 70+ employees.

Healthcare insurance verification using AI-driven automation

Fundraising Details

Amount Raised: $40M
Round Type: Series A
Date: 2025-06-20
Investors: Multiple investors

About Mandolin

Healthcare insurance verification using AI-driven automation The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Austin, TX
Founded: 2022
Team Size: 70+
Industry: HealthTech

What This Means

This funding round demonstrates strong investor confidence in Mandolin's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Mandolin's successful fundraising reflects the strong fundamentals and growth potential in this space.

Looking Ahead

With this new capital, Mandolin is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-06-20. For more information about Mandolin, visit their headquarters at Austin, TX.

Mandolin