Pharos, a startup from Y Combinator's summer 2024 cohort, has raised $5 million in a seed round led by Felicis Ventures to streamline hospital quality reporting using AI. Traditional reporting is labor-intensive, often taking nurses hours to complete. Pharos aims to automate this process by extracting data from electronic health records to meet external registry requirements. Co-founders Felix Brann and Matthew Jones, alongside medical doctor Alex Clarke, believe their approach will save hospitals time and money. The funding will help expand their team and enhance product outreach.