Taxo, a startup founded by Dr. Ahmed Kerwan, has raised $5 million in a seed round led by Y Combinator, General Catalyst, and Character Capital. The company aims to alleviate the administrative burdens in healthcare through its innovative AI 'reasoning engine,' which enhances transparency and trust among users. Taxo's technology has reportedly increased prior authorization approval rates to 98%. Operating from San Francisco, the startup has already achieved $1 million in annual recurring revenue within six months and serves various healthcare clients, from clinics to government providers.