Magicare.ai (formerly Exponential) today announced it is exiting stealth and has closed $3.6 million in pre-seed funding to scale a suite of AI agents purpose-built for post‑acute operators. Investors include leading operators and Mana Ventures, reflecting a shared thesis: the next generation of post‑acute software will not be another point solution — it will be an agentic operating system that runs complex workflows end-to-end with human oversight where it matters.
The Oracle: Patient-Centric Intelligence at the Core
For years, post-acute care handled growing load by hiring more people, but that’s reached a breaking point. There aren’t enough workers — the staffing shortage gets worse every year, and is now a crisis. Healthcare operators are starting to get more comfortable using AI automation, especially as their competitors start reaping the benefits. The AI technology is now good enough to do most healthcare paperwork and admin, if built the right way.
At the core of Magicare is an AI agent named “Oracle,” which models each patient’s likely care pathways and runs Monte Carlo simulations to stress-test clinical, operational, and financial outcomes. Oracle is designed to answer a different class of question than traditional deterministic rule engines: not only “what happened?” or “what’s next on the checklist?” — but “what range of futures are we choosing between — and what is best for the patient’s recovery?”
That probabilistic layer centered around the patient journey becomes the shared brain for the rest of the platform: a dynamically updating forecast and risk surface that downstream agents can execute against, audit against, and escalate to clinicians and administrators when confidence or policy thresholds require it.
From Forecasting to Execution: AI Agents Across the Enterprise
Building on Oracle, Magicare is developing specialized AI agents that can deliver end-to-end automation across operators’ biggest pain points — spanning functions that today depend on a disjointed system of portals, faxed packets, spreadsheets, and manual handoffs:
- Admissions: Ingest and reason over complex referral packets, accelerate clinically sound acceptance decisions, and compress the time from referral to bed with traceable rationale.
- Discharge: Coordinate timing, documentation, and stakeholder communication so transitions are safer, faster, and less reliant on heroic manual follow-through.
- Compliance & survey readiness: Continuously monitor evidence trails, policy alignment, and task completion patterns so teams can operate in a state of preparedness rather than panic-driven remediation.
- Revenue cycle management (RCM): Automate eligibility-to-claim workstreams, reduce rework, and keep billing operations aligned to the same clinical and operational truth Oracle encodes.
- Staffing & scheduling: Align capacity to census volatility and acuity signals, reducing the friction between “what we think will happen” and “who needs to be on the floor when it does.”
Magicare’s architecture is explicitly agent-first: workflows are composed as coordinated agents with guardrails, tool access, and human-in-the-loop checkpoints — rather than bolting chatbots onto legacy forms. Magicare is partnered with leading healthcare operators all across the U.S., including CareOne, Lionstone, and Vivage-Beecan.
Deep Market Demand
Magicare’s first commercial product was to reinvent the admissions process, at the point when patients leave the hospital and transition to post-acute care. This is the beginning of the patient journey in post-acute. It is also a painfully manual process, and slow admissions can cost operators the revenue they need to stay in the black.
“Operator-led feedback has shaped every step of our roadmap,” said Magicare’s CEO Daniel Schoenbrun. “We’re very excited to innovate alongside best-in-class operators, to improve care quality while redirecting up to $100 billion of cost back to patient care.”
“Magicare is at the cutting edge of AI — and it has filled our census,” said Nathan Hertzl, CEO of Arabella. “The team combines a rare mix of engineering excellence, intuitive product design, and white glove execution. We’re seeing the impact where it counts: referrals moving, decisions getting made, and beds filling with the right patients.”
About Magicare AI
Magicare is the agentic operating system for post‑acute care — a platform of coordinated AI agents anchored by Oracle’s pathway forecasting and simulation layer, extending into admissions, discharge, compliance and survey readiness, RCM, and staffing scheduling. The company partners with facilities and health systems that need agentic automation grounded in clinical, operational, and financial reality. To learn more, visit magicare.ai.
About Mana Ventures
Mana Ventures is a leading VC that partners with founders building category-defining companies at the intersection of software, data, and regulated industries. For more information, visit www.manaventures.vc.
Media Contact
Eliana Raskas
Magicare AI
eliana@magicare.ai
