Opkit (YC S21) helps surgery centers reduce their medical device costs. We connect to your electronic health record system and provide a dashboard showing device spend and usage with cost-savings recommendations. Our tool highlights the most expensive physicians and procedures at your facility and suggests affordable alternative implants to bring costs down.
Opkit was founded by Sherwood Callaway and Justin Ko, two software engineers with a passion for improving healthcare and deep experience building transformative, secure software products in regulated industries. Sherwood grew up learning about medicine and the business of healthcare from his dad, an orthopedic surgeon and ASC medical director in Raleigh, NC. With Opkit, he is continuing his father’s life work of providing quality, affordable care to the residents of North Carolina.
Opkit was founded by Sherwood Callaway and Justin Ko, two software engineers with a passion for improving healthcare and deep experience building transformative, secure software products in regulated industries. Sherwood grew up learning about medicine and the business of healthcare from his dad, an orthopedic surgeon and ASC medical director in Raleigh, NC. With Opkit, he is continuing his father’s life work of providing quality, affordable care to the residents of North Carolina.
Location: United States, New York
Employees: 1-10
Total raised: $1M
Founded date: 2021
Investors 2
| Date | Name | Website |
| - | Y Combinat... | ycombinato... |
| - | Kilo Ventu... | kilo.vc |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 13.03.2023 | - | $1M | Y Combinat... |
Mentions in press and media 10
| Date | Title | Description |
| 14.03.2023 | Opkit Raises $1M to Make Insurance Verification for Telehealth Platforms Seamless | According to McKinsey, telehealth usage increased 38x as compared to immediately before the pandemic. Consumer and provider attitudes changed to embrace virtual care, venture capitalists funded telehealth infrastructure problems, and regula... |
| 13.03.2023 | Insurance verification platform for virtual care Opkit launches with $1M | Photo: Lacheev/Getty Images |
| 08.03.2023 | Insurtech: Opkit Launches Insurance Verification Platform for Telehealth Firms, Virtual Medical Practices | Opkit has launched with an automated health insurance verification platform that is purpose-built for the new telehealth companies and virtual medical clinics that are “providing care for a wide range of patients across the United States.” ... |
| 07.03.2023 | Top tech startup news for Tuesday, March 7, 2023: Banyan, Binance, DefiChain, Meta, Opkit, and Sensate | Good evening! Below are some of the top tech startup news stories for today Tuesday, March 7, 2023. U.S. bankruptcy judge approves Binance.US $1.3 billion deal for Voyager After a string of bad news from the SEC and New York regulators, Bi... |
| 07.03.2023 | Opkit Emerges With Over $1M | NEW YORK, NY, Opkit emerges from stealth today with over $1 million in funding. >> Click here for more funding data on Opkit >> To export Opkit funding data to PDF and Excel, click here Today Opkit launches with an automa... |
| 07.03.2023 | Opkit Raises Over $1M in Funding | Opkit, a New York-based provider of a health insurance verification platform, raised over $1M in funding. The round was led by Global Founders Capital, Mischief (Plaid founder Zach Perret’s fund), Socially Financed, Y Combinator and Rex Sal... |
| 07.03.2023 | Insurtech startup Opkit launches out of stealth with over $1M in funding to provide health insurance verification for telehealth companies | Collecting health insurance details and verifying coverage is a complex, manually-intensive process that healthcare providers must perform before each appointment to ensure payment. Unlike brick-and-mortar providers, which are regional and ... |
| 31.08.2021 | Here are all the companies from Y Combinator’s Summer 2021 Demo Day, Part 1 | Today Y Combinator kicked off the Demo Day cycle for its Summer 2021 cohort. The collection of early-stage startups on day one-of-two alone numbered in the hundreds, meaning that we had to assemble a team here at TechCrunch just to cover it... |
| - | Opkit Launches First Insurance Verification Platform for Telehealth | What You Should Know: – Y Combinator startup Opkit emerges from stealth with an automated health insurance verification platform that is purpose-built for the new telehealth companies and virtual medical clinics that are providing care for ... |
| - | Opkit | “Opkit is an Eligibility Platform built for fast-growing telehealth companies. Leverage Collection Pages to gather insurance details in a fast, secure manner. Use Opkit's card-processing capabilities to transform card images to structured d... |