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Malinka Walaliyadde

Founder of AKASA

South San Francisco, California

Overview 

Malinka Walaliyadde is the CEO and Cofounder of AKASA in South San Francisco, California, with a background in entrepreneurship and product management. Having served as a Partner at Andreessen Horowitz and holding various board positions at innovative companies, Walaliyadde brings a wealth of experience in business development and data analysis to his current role at AKASA.

Work Experience 

  • CEO and Cofounder

    2019 - Current

    Financial complexity is crippling healthcare in America. At AKASA (fka Alpha Health), we’re on a mission to fix that by pioneering Unified Automation for healthcare revenue cycle management - we bring together the best of people, data and machine learning technology. Ultimately, we help health systems be better stewards of the healthcare dollar. Learn more at akasa.com.

AKASA is an AI-powered automation company for revenue cycle management in healthcare.

Raised $205,000,000.00 from Costanoa Ventures, Andreessen Horowitz, Bond and Nancy Xiao.

  • Partner

    2014 - 2018

    Former Partner at Andreessen Horowitz (a16z), where I helped start and build their healthcare investment team (currently manages $1.4B in AUM). I worked on almost 20 investments totaling $250M across providers, payers, biotech companies and healthcare technology companies.

Andreessen Horowitz is a stage-agnostic venture capital firm with assets under management across multiple funds.

  • Board Attendee

    2016 - 2018

  • Board Attendee

    2016 - 2018

Apeel Sciences develops plant-derived shelf life extension technology for fresh produce that improves quality and reduces food waste.

Raised $719,060,564.00 from Redbadge Pacific and KAAN Ventures.

  • Board Attendee

    2015 - 2018

Omada Health is a digital behavioral medicine company that helps members change their mindsets to improve health and build lasting change.

Raised $528,520,000.00 from Trousdale Ventures, Wellington Management, Empede Capital, aMoon Fund, Civilization Ventures, Fidelity, Perceptive Advisors and Revelation Partners.

  • Founding Team Member

    2013 - 2014

    1729 created opportunities for global talent. I was a founding team member there, and our CEO was Balaji Srinivasan, who I had worked with previously at Counsyl

  • Analyst

    2012 - 2013

    Healthcare and financial services

Deloitte Tax is an advisory firm that provides tax preparation and advisory services.

  • Product Analytics

    2012 - 2012

    Developed a genetic inheritance statistical model to calculate Counsyl’s operational risk and drive R&D for new offering. Reported directly to CTO.

  • Founding Team Member

    2009 - 2012

    Helped start student research lab to participate in an annual international genetic engineering competition (iGEM) held at MIT. Every year we built a new product with molecular biology, software and hardware components. Our team was a gold medalist at the international competition.

  • Co-founder & President

    2009 - 2012

    Co-founded student business operating in recruiting space, which connected 2000+ students with 100+ employers

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