Blitzscaling Ventures March 26 Deal Analysis

So the first company is a company that's called Steady.

That's S-T-E-D-I.

And that's actually at Steady.com, which is very convenient.

And what they do is they are essentially Stripe for healthcare transactions.

They're not payments, but they make it very easy for people to do eligibility checks and everything like that with APIs instead of the horrific process that happens right now, which is people call someone on the phone.

or maybe go to a website and look it up and it's a terrible error prone manual process.

Steady promises to fix all that with an API first approach, with an MCP approach that is amenable to being connected to other AI agents.

So what do you think of this?

Well, I think, well, first of all, it's mostly B2B and B2B has been automated for a little while.

So I think they're just the best one, just like, you know, payments was automated for a little while, but you had to use horrible arcane platforms that made it extraordinarily painful to get payments done online.

And Stripe said, let's make this easy and stupid simple.

And they are huge now.

So This company is saying, look, when somebody needs a quick answer on a health care question about a particular person, and that might be, you know, what's their copay or what's their coverage or is this covered or how many visits are allowed or, you know, all these different little things that you figure out when you're signing up at the end of the year for your health care plan.

You know, they're there.

going to give you service depending on the answer to that.

And so damn well has to be right.

And these guys have very accurate and very quick results for people building apps that want to find that data out quickly.

So, you know, it's, it's a company out of New York.

They've raised a lot of money, Chris.

I mean, this was a $50 million round, but that's on top of 95 that they'd already raised.

Round was led by Addition.

and I don't know much about addition, but first round is in there.

And I think a union square is in here as well.

So rabbit, they've got an all-star lineup.

This is a really Bloomberg.