Sunlight AI Secures $17.4M in Seed Funding Led by Basis Set Ventures

Sunlight AI, a NYC- and Miami, FL-based provider of a patient-to-payment operating layer for independent medical practices, has raised $17.4 million in a Seed funding round led by Basis Set Ventures.

The round also saw participation from Sofeon Ventures, Social Leverage, Actions Capital, Overlook Ventures, Early Light Ventures, Chris Hubbell, Tilli Bannett, Dara Rahimzadeh, and Frank Williams, among others.

The company will use the funding to expand its operations and acquire service providers that support independent medical practices.

What is Sunlight AI?

Sunlight AI provides a technology platform that helps independent medical practices manage administrative and financial operations, from patient billing to payment collection.

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The company combines practice management systems, human expertise, and AI to help doctors reduce administrative work, improve collections and manage costs. Its goal is to help independent physicians run their practices efficiently without joining larger hospital systems or corporate healthcare groups.

How Much Funding Has Sunlight AI Raised?

Sunlight AI has raised $17.4 million in its seed funding round. The source does not provide details of previous funding rounds or the company's total funding raised to date.

Who Invested in Sunlight AI’s Seed Round?

The $17.4 million seed round was led by Basis Set Ventures.

Other participating investors include:

• Sofeon Ventures
• Social Leverage
• Actions Capital
• Overlook Ventures
• Early Light Ventures
• Chris Hubbell
• Tilli Bannett
• Dara Rahimzadeh
• Frank Williams
• Other investors

Why the Funding Matters

Sunlight AI plans to use the funding to expand its operations and acquire service providers that work with independent physicians.

The company aims to help medical practices manage rising operating costs improve payment collections and handle administrative tasks more efficiently while allowing doctors to retain control of their businesses.

Who founded Sunlight AI?

Sunlight AI was founded by Sina Chehrazi. The company operates from New York and Miami.

"I grew up seeing what getting paid costs a practice, and at Nayya I saw rising healthcare costs squeeze employers every year," said Chehrazi. "Physicians need more time to see patients and make clinical decisions, and less time dedicated to operational overhead.

Market and Business Growth

Sunlight AI operates in a healthcare market where independent practices face rising costs, and pressure to join larger healthcare organisations.

According to figures cited in the source, practice operating expenses rose approximately 11% in 2025, while Medicare physician payments have fallen more than 30% since 2001.

Sunlight AI say's its platform helps practices reduce administrative costs per patient encounter and improve collections. The company also reported that its first group of arbitration clients in 2026 recovered multiples of insurers initial payment offers while paying lower fees than those charged by competing providers.

What Happens Next?

Sunlight AI plans to expand its operations and acquire service providers that support independent medical practices. It aims to combine technology and operational services to help physicians manage their businesses while maintaining ownership, and clinical control.

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