Primary source: Granit press release, Paris, November 5, 2026 (French)
On November 5, 2026, Paris-based Granit announced its first funding round, €5 million, to take administrative work off healthcare professionals and, in the company’s words, carry that mission across Europe. The release splits the round into €3.5 million of equity led by the British fund Seedcamp and €1.5 million of non-dilutive financing, including Bpifrance. No valuation is stated.
€3.5 million in equity, led by Seedcamp, and €1.5 million in non-dilutive financing, with Bpifrance among the participants. The company release does not say Bpifrance supplied the entire non-dilutive portion, and it does not state a valuation.
The release is datelined Paris, November 5, 2026, and it calls the financing Granit’s first round. Sesamers published a report on November 7. This article uses November 5 as the announcement date. It is not a same-day item.
| Granit release, Nov. 5 | Sesamers, Nov. 7 | |
|---|---|---|
| What was raised | A first round of €5 million: €3.5 million in equity and €1.5 million in non-dilutive financing. | A €5 million first round, with the same equity and non-dilutive split. |
| Who is in it | Equity led by the British fund Seedcamp. The non-dilutive financing includes participation by Bpifrance. No other funds are named on the release page. | Seedcamp led the equity. Sesamers also lists Drysdale Ventures, Kima Ventures, Re:rail, Purple, and Cleo Ventures, and says that list comes from the company’s press release. Its headline describes Bpifrance as adding the €1.5 million. |
| Valuation | Not stated. | Reports that no valuation was published. |
| Use of proceeds | New healthcare verticals, larger technical and commercial teams, and an initial expansion into several European countries. | Attributes the same use of proceeds to the company. |
Sesamers names Drysdale Ventures, Kima Ventures, Re:rail, Purple, and Cleo Ventures and attributes that list to Granit’s press release. The French release page reviewed for this article names Seedcamp as the equity lead and Bpifrance as a participant in the non-dilutive financing. It does not name those five funds. They stay with Sesamers. Sesamers’ headline also reads as if Bpifrance provided the full €1.5 million. The release says the non-dilutive slice includes Bpifrance. It does not assign a euro amount to Bpifrance alone. No dollar conversion is in either source. This article does not add one. No valuation is invented.
Granit says it was founded in March 2026 by Jenny Mansour, who is chief executive, and Corneille Maréchal. The release does not give Maréchal another title. The product, in the company’s description, is a set of AI agents that connect directly to software the provider already runs and to outside platforms, then execute administrative work the teams do by hand today.
The installed software named in the release is the electronic patient record and specialty software. The external platforms named are complementary insurers (mutuelles), Assurance Maladie, and accounting. The work named is billing (facturation), payment follow-ups and reminders (relances), correction of rejected claims (correction des rejets), and coverage verification (vérification des prises en charge). The release says the agents do that work in place of the teams. It does not say Granit replaces the record system, and it does not describe a fee tied to collections.
Granit says the product is already deployed at more than 250 healthcare organizations in France, that it can cut time spent on administrative tasks by up to 90 percent, and that it goes live in a few days without a heavy technical integration. The release does not publish a customer list, a collected-cash result, a rejection rate, or a before-and-after time study. Those three figures are the company’s. They are not independently verified here. The same section says time returned goes back to care and patient follow-up, and that administrative teams then focus on reception and directing patients. That is the company’s account of the operating result.
The release cites a separate study for the broader workload, not as a Granit outcome. It says a Time to Care study by Tandem Health, of more than 1,000 caregivers in five European countries including France, found that 82 percent say these tasks reduce time with patients and 65 percent spend more than an hour a day on them. RevCycleAI did not open the underlying study. The percentages stay with the citation in Granit’s release.
“We do not want to add one more piece of software to the already saturated daily routine of healthcare professionals. We want the tools they already use to work for them, and not the other way around.” — Jenny Mansour, CEO, Granit. Translated from the French release.
“Repetitive and fragmented administrative tasks take far too much time from care professionals who are already overloaded. Granit’s agents take on this work directly in the tools the teams already use, and free up time for patient care. Jenny and the team bring a rare expertise at the intersection of health policy and technology, and we are delighted to lead their first funding round.” — Felix Martinez, Partner, Seedcamp. Translated from the French release.
The company says the round will speed new healthcare verticals, strengthen the technical and commercial teams, and start an expansion into several European countries. The about section states an ambition to become the European reference for administrative automation in healthcare. Both lines are plans. The release does not name a second country, a launch date, or a customer outside France.
The revenue-cycle fact is the job list, and where the agent sits. Billing, payment reminders, correction of rejected claims, and coverage verification are the same administrative queue US agentic revenue-cycle products are sold to work: rejections, coverage, and follow-up. Granit’s release puts that queue inside software French provider organizations already have, including the record, specialty applications, complementary insurers, Assurance Maladie, and accounting. Mansour’s line, translated above, is explicit that the company does not want to add another system to the day. That is a distribution choice. It is not a measured collections result.
The closest non-US raise RevCycleAI has already published is Rivio’s Series A extension, announced November 4. Rivio describes AI agents that review hospital billing and claims in Brazil, says it runs the process with the hospital, and says its fee is tied to health-plan payment that the company guarantees. Granit’s release describes agents that execute billing, reminders, rejection fixes, and coverage checks from inside existing software. It does not describe a payment guarantee or an outcome-tied fee. The client units do not compare: Rivio says 13 hospital groups; Granit says more than 250 healthcare organizations. Both counts are company figures. Rivio’s note does not disclose use of proceeds. Granit’s does. Rivio’s round size is disputed between the company and Valor. Granit’s euro total is the same in the release and in Sesamers; the open item is who else is in the equity, and how much of the non-dilutive slice is Bpifrance.
For an operator, the diligence questions are the ones the release leaves open. Which record and specialty systems are actually connected. Whether “correction of rejected claims” means a corrected submission or a suggested edit a person still files. Whether coverage verification writes back to the record. And whether the 90 percent time cut survives once the work includes a payer portal that does not behave like the first 250 sites. The round finances that test, plus new verticals and a first step into other European reimbursement regimes. It does not, on the documents reviewed here, show that the test has been scored by anyone but the company.
Raises, the workflow they actually name, and the figures that are still the company’s.
Sources: Granit, “Granit lève 5 millions d’euros,” press release datelined Paris, November 5, 2026; Sesamers, Stéphane Paillard, November 7, 2026. Quotes from Mansour and Martinez are translations from the French release, not the original wording. The five additional participant names, and the statement that no valuation was published, are Sesamers’. The release page reviewed here does not name those funds and does not state a valuation. The 250 organizations, the “up to 90 percent” time cut, and deployment in a few days without a heavy integration are Granit’s claims. The Tandem Health Time to Care figures are cited in the release; the underlying study was not reviewed. No use-of-proceeds figure beyond the company’s three stated uses. No customer is named. No dollar amount is stated or calculated.