Series A - $5M Raise - $2M Received
Transforming
Healthcare Economics.
Core Mobile is deployed inside the VA today, not selling a vision. A patented Clinical AI platform with national Authority to Operate (ATO), turning disconnected hospital data into real-time action.
Series A Snapshot · Confidential
$2M
Revenue today,
at break-even
at break-even
$8–10M
Target revenue,
12–18 months
12–18 months
20%+
Efficiency gains,
demonstrated
demonstrated
<90d
Contract to live
deployment
deployment
$5M Series A
$20M pre · $25M post · $2M received
Market Opportunity
Healthcare AI is moving fast.
Core Mobile is already there.
Healthcare is now the fastest-moving sector in enterprise AI, and nearly all capital flows to startups, not the legacy EHR incumbents.
2.2×
Faster than the broader economy
Healthcare is adopting AI at more than double the rate of the overall economy, driven by urgent pressure to expand capacity without adding beds or headcount. Source: Menlo Ventures, 2025
$1.4B
Spent on healthcare AI last year
That figure nearly tripled year over year. The spending cycle is early and accelerating; hospitals are actively buying, not just evaluating.
85%
Flows to startups, not incumbents
Epic and Cerner can't move fast enough. Hospitals are turning to best-of-breed integration layers, which is exactly the gap Core Mobile fills.
$700B
Federal IDIQ vehicle
Core Mobile is positioned as a prime on a federal multiple-award vehicle with IBM, Philips, and MCG, a contracting channel most competitors can't access.
The problem hospitals can't solve with more CapEx
Capacity limits aren't a money problem; they're a coordination and data problem. Hospitals have dozens of disconnected systems that were never built to talk to each other. The intelligence to fix throughput is trapped inside those systems. Core Mobile is the missing integration, inference, and workflow layer that connects all of it in real time, deployed on top of what hospitals already run, with no rip-and-replace.
Demonstrated Outcomes
Every metric ties directly to hospital economics.
Not workflow checkboxes. Improvements with a direct line to bed turnover, OR revenue, schedule utilization, and clinician retention.
| Metric | Improvement | Economic Impact |
|---|---|---|
| ED door-to-doc time | 5–20% reduction | Capacity & throughput |
| Admit length of stay | 5–20% reduction | Capacity & throughput |
| Surgical throughput | 1–5% increase | OR revenue per hour |
| Documentation burden | 20–50% reduction | Clinician retention |
| No-shows / cancellations | 5–40% reduction | Schedule utilization |
| Overall hospital capacity | 5–20% increase | Revenue without new beds |
Competitive Advantage
The deeper the integration,
the harder we are to displace.
EHR vendors and IT giants have spent years failing to build this combination. Core Mobile has it, and switching costs grow with every integration.
01 · Proof
Proven at VA scale
National Authority to Operate with HIPAA and FISMA compliance, validated in live VA hospitals. Fewer than a handful of AI platforms have earned this; it's a 5-year barrier for any competitor trying to enter the federal health market.
02 · Interoperability
Native to the systems hospitals already run
Deep integration with Epic, Oracle/Cerner, VistA/CPRS, Meditech, CPSI, and Allscripts, plus bedside devices via DICOM, FHIR, and HL7. The more integrations, the stickier the platform.
03 · Speed
Live in under 90 days, ROI inside a quarter
No rip-and-replace. No multi-year implementation. Core Mobile deploys on top of existing systems and delivers measurable economic return inside a fiscal quarter, eliminating a major purchasing objection.
04 · End-to-end view
One operational picture across the patient journey
Not a single-department point solution. Core Mobile spans emergency transport through inpatient care, surgery, and discharge, providing the kind of unified visibility that makes switching costs significant.
The Platform
An AI-Enabled, Unified Platform.
PCSIP (the Patient Care Services Integration Platform) sits as an integration, inference, and workflow layer above every system a hospital already runs.
Clinical AI & Automation
Ambient AI
PCSIP
Care Quality Reporting
Case Management
PCSIP
Care Quality Reporting
Case Management
Care Coordination & Flow
Clinical Documentation
Scheduling Optimization
Video Management
E-sitters
Scheduling Optimization
Video Management
E-sitters
Patient Engagement
Telehealth
Patient Education
CoreyPatient App
Patient Education
CoreyPatient App
IoT & Facility Safety
Asset & Staff Mgmt
Hand Hygiene
Patient & Staff Safety
Hand Hygiene
Patient & Staff Safety
Sits on top of
Epic · Oracle/Cerner · VistA/CPRS · Meditech · CPSI · Allscripts · Thrive · DICOM · FHIR · HL7
Business Model
We charge per case, not per seat.
Revenue scales with patient and case volume, insulated from the seat erosion now hitting traditional per-seat healthcare software.
01
Platform fee
A base fee per deployment, across the health system. Covers integration, onboarding, and the core infrastructure layer.
02
Per-case recurring revenue
Ongoing revenue that grows naturally with every case the hospital runs. No renegotiation, no seat count arguments. Volume drives the top line.
03
Add-on modules
Ambient AI, IoT, CARE Act, and quality reporting modules added department by department as each health system expands its footprint.
Why this model compounds
Per-case pricing aligns Core Mobile's growth with the hospital's own patient throughput. As hospitals process more cases and expand module usage, revenue grows without headcount-dependent selling.
- Revenue tied to clinical activity, not license renewals
- Module expansion grows ACV without a new sales cycle
- Break-even at $2M demonstrates unit economics viability
- Clear path to $8–10M in 12–18 months from existing relationships
Traction
$2M in revenue, break-even,
and proven in the field.
Not pilots waiting for production. Real deployments, third-party-validated outcomes, and a clear line of sight to the next revenue milestone.
$2M
Revenue, operationally break-even today
20%+
Efficiency gains demonstrated at UCLA and Albany VA
$8–10M
Revenue target within 12–18 months
<90 days
Contract to live implementation
Active deployments & pilots
Albany VA Medical Center
Live · Third-party validated pilot
VISN 19: Utah & Wyoming VA
Live deployment underway
VA Radiation Oncology
Live deployment
UCLA Health
Outcomes published
Contra Costa Health
County health system · Awarded
Security & Compliance
HIPAA & FISMA Compliant.
Federal ATO, built in.
The compliance stack isn't a feature checkbox; it's a genuine competitive moat. Most AI companies selling into healthcare are still working toward these certifications.
National ATO
Authority to Operate across VA health systems
Fewer than a handful of AI platforms have earned a National ATO. This clears Core Mobile to operate inside federal health systems without a lengthy per-facility review, a procurement accelerator worth 12–18 months of competitive advantage per new federal customer.
HIPAA & FISMA Compliant
Compliant by design for both clinical and federal data standards. Covers all data in motion and at rest across every deployment environment.
Data Sovereignty
Customer-controlled architecture. Each hospital owns and governs its own data with no cross-customer sharing and no vendor lock-in on data portability.
Human-in-the-Loop AI
Every AI decision carries a full audit trail. Clinical teams remain in the loop on any action the system surfaces, meeting the regulatory and liability standards hospitals require for AI adoption.
Partnerships
Go-to-market backed by established channels.
Active partnerships for distribution, device integration, and advisory support. Core Mobile scales through partners, not just direct sales.
Co-sell / Distribution
Siemens Healthineers
World Wide Technology (WWT)
IBM
Device Integration
Siemens Healthineers
Varian
Philips
Technology & Advisory
Dell Technologies
InfoVision
EY
MCG (IDIQ Teaming)
Leadership
Founder-led, with a clinical bench.
Deep enterprise infrastructure experience at the top, paired with career clinicians who've operated at VA scale, and 40+ engineers behind the platform.
CT
Chandra Tekwani
Founder & CEO
30+ years in enterprise infrastructure. Former exec at Juniper Networks and NetScreen. Navigated federal procurement, clinical operations, and enterprise sales cycles firsthand.
VC
Vinay Chhatre
COO · PharmD
35+ years in healthcare operations. Former Amersham. Brings clinical credibility and operational discipline to scaling deployments across complex health systems.
NK
Neal Kaushal
CMO · MD/MBA
Former UCLA. Provides clinical leadership and physician-level credibility in customer conversations and product direction.
DB
Deyne Bentt
Health Informatics
Former Chief Health Informatics Officer at the VA. Brings direct knowledge of VA systems architecture and federal health IT procurement.
AC
Angelique Crooke
Head of Clinical Ops · RN
30+ years in clinical operations. Ensures every deployment maps to real workflows and that care teams actually adopt what's built.
PC
Pramod Chivate
Product & Program
Former Accenture. Drives product strategy and delivery across a 40+ engineer team building the PCSIP platform.
Markets
Three distinct channels into hospital systems.
Federal ATO unlocks government hospitals immediately. County and health system channels expand the addressable market significantly.
Federal
Government Hospitals
National ATO bypasses the lengthy federal procurement cycle. Core Mobile is already in the VA system and has a contracting path through the $700B IDIQ vehicle.
Learn more
Health Systems
Educational & Health Networks
Multi-facility deployments with training integrations. UCLA is a live example. These relationships expand module by module across campuses.
Learn more
County & Rural
County & Rural Hospitals
Capacity-constrained facilities where efficiency gains have the highest proportional impact. California's 58 counties represent a direct channel with existing relationships.
Learn more
The Raise
Raising $5M to scale a proven platform.
$2M is already committed. The remaining $3M funds three specific near-term initiatives tied directly to the $8–10M revenue target.
Series A Terms
Confidential · For qualified investors
Round size
$5M
Pre-money valuation
$20M
Post-money valuation
$25M
Already committed
$2M in
Remaining
$3M
Revenue today
$2M, break-even
Revenue target
$8–10M in 12–18 mo
01
Scale go-to-market
Build a dedicated health-system sales motion. The product is proven; the bottleneck is systematic outbound and enterprise selling capability.
02
Channel & partner management
Activate the Siemens, WWT, and IBM co-selling relationships. These partnerships exist; the investment builds the team to manage and grow them.
03
Expand existing deployments
Deepen existing VA and health system relationships by adding modules, expanding to adjacent facilities, and converting pilots into multi-year commitments.