In an exciting development for the healthcare sector, Pharos, a Y Combinator startup, has just raised $5 million in seed funding led by Felicis. This innovative company is set to tackle the burdensome world of hospital quality reporting, a process that has left medical and administrative staff drowning in paperwork.
As healthcare professionals increasingly face mountains of paperwork daily, a wave of startups is emerging to alleviate these administrative challenges using generative AI. From AI medical scribes to platforms that streamline health insurance pre-approvals, the focus is clear: making healthcare more efficient.
Pharos is taking a unique approach by addressing a less obvious but equally important task—quality reporting to external clinical registries. Organizations like the Centers for Medicare & Medicaid Services (CMS) and the American College of Surgeons monitor healthcare facilities to ensure they provide safe and effective care. While reporting to these registries isn’t always mandatory, it can significantly impact hospitals’ reputations and quality of care.
The problem? Reporting can be incredibly time-consuming. Nurses and staff often spend hours combing through patient electronic health records (EHRs) to extract the necessary data. As Ryan Isono, a partner at Felicis, pointed out, “A single case can take up to eight hours to report. It’s a big problem that many only discover once they’re deep in the industry.”
Pharos was co-founded by Felix Brann and Matthew Jones, who gained firsthand experience with the challenges of data reporting at their previous startup, Vital. They realized that AI could transform the process by automatically pulling unstructured data from EHRs and populating the required forms for registries. To strengthen their team, they brought on co-founder Alex Clarke, a medical doctor with a PhD in artificial intelligence from Imperial College London.
Pharos caught the attention of Felicis not just because it promises to save hospitals money and free up nurses to focus on patient care, but also because this niche remains largely untapped. Isono noted, “There are few startups tackling this issue, which gives Pharos a significant advantage.”
With plans to expand their team using the new funding, Brann is optimistic about the future: “We have five years of experience selling and deploying into hospitals, combined with top-tier AI talent. That unique overlap is why we believe we’re going to succeed.”
For now, the Pharos team consists solely of the three co-founders, but their ambitious vision could soon make waves in the healthcare industry. As they work to streamline hospital reporting processes, they may just pave the way for a new standard in healthcare efficiency. Keep an eye on Pharos as they embark on this transformative journey!

I’m a finance writer with three years of experience in investment analysis. At Investorwelcome , I translate complex financial concepts into clear, actionable insights to help investors navigate the market with confidence. Combining my solid academic background with practical industry knowledge, I’m dedicated to providing readers with accurate and timely information. My goal is to empower both new and seasoned investors by simplifying intricate data and offering strategic advice. When I’m not writing, I stay engaged with market trends and investment innovations to ensure my content remains relevant and valuable.