Why We Invested In Banjo Health – Simplifying Medical Paperwork Through AI

  Excited to announce our investment alongside Epsilon Health Investors in the $5M series A in Banjo Health which employs artificial intelligence in prior authorization (PA) i.e., reduces medical paperwork. Tau Ventures is an AI-first fund in Silicon Valley investing primarily in mature seed, typically when there is a pipeline of customers, but we occasionally take earlier or later bets when we see immense promise. Banjo falls on that latter exception, having been founded in 2019, raising a pre-seed with strong angels, and skipping the seed altogether. They impressed us with (1) addressing a strong need, (2) building an execution-focused…...