What You Should Know
AI-powered primary care platform Prosper Medical has raised $16M in financing led by FUSE, with participation from Aurum Partners, Better.vc, Cal Innovation Fund, Fluent, Latitude Capital, Knoll Ventures, and WTI.Founded by Ryan McQuaid (CEO) and James Wantuck, MD (CMO), the former founders of PlushCare, which they built and sold to Accolade for $450 million.Prosper shifts away from "transactional" telehealth toward continuous, proactive concierge care by using AI to
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Assured Raises $19M to Replace Manual Credentialing with Autonomous AI Agents
What You Should Know
Provider operations platform Assured has raised $19 million in Series A funding led by Insight Partners, with continued participation from First Round Capital and Kindred Ventures.Assured serves more than 100 healthcare organizations—spanning health systems like Houston Methodist to digital health providers like Tono Health, Blossom Health, and Birches Health.The platform replaces manual provider credentialing and payer enrollment workflows with autonomous AI agents that
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Cheiron Raises $8M to Launch AI-Native the Operating System for Drug Programs
What You Should Know
AI-native life sciences platform Cheiron has secured $8M in seed funding led by Menlo Ventures, with Venky Ganesan joining the board.Strategic backers include Moderna co-founder Robert Langer, former Pfizer CMO Freda Lewis-Hall, Chai Discovery CEO Josh Meier, former Starbucks CEO Laxman Narasimhan, and former Apple AI chief John Giannandrea.Cheiron is designed to replace fragmented spreadsheets, papers, and filings by representing an entire drug development lifecycle as a
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Bunkerhill Health Secures $55M to Expand Carebricks Agentic AI Platform for Health Systems
What You Should Know
Healthcare AI infrastructure company Bunkerhill Health has closed its Series B funding round led by Khosla Ventures, bringing its total funding to $55M across its Seed, Series A, and Series B rounds.The company's core platform, Carebricks, empowers health systems to build and deploy their own AI agents across clinical, operational, and administrative domains without relying on fragmented vendor-built tools.Operating at institutional scale at the University of Texas
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UCSF Health Partners with Kleiner Perkins and Doerr Capital to Launch AI Accelerator
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Academic medical center UCSF Health, venture capital giant Kleiner Perkins, and Doerr Capital have announced the launch of UCSF Health Converge, a dedicated health AI accelerator built directly inside a top-ranked academic health network.Rejecting the isolated development models of traditional tech hubs, the accelerator centers on an "inside-out" approach, placing a small number of selected startups alongside UCSF Health clinicians, IT infrastructure teams, and
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TytoCare Secures $25M and Appoints Adam Pellegrini as CEO
What You Should Know
Telehealth innovator TytoCare has announced a $25 million-plus growth financing round alongside the high-profile appointment of digital health veteran Adam Pellegrini as Chief Executive Officer.The oversubscribed investment round was led by Insight Partners, with participation from a heavy lineup of strategic co-investors including Qualcomm Ventures, OrbiMed, HOOP, OliveTree, and Qumra Capital.Transitioning past low-acuity episodic care, the platform is embedding its
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Daniel Ek’s Neko Health Secures $700M to Fund U.S. Preventive Clinic Expansion
What You Should Know
Preventive medical technology pioneer Neko Health has finalized a $700M Series C funding round led by Lightspeed Venture Partners and co-led by O.G. Venture Partners.The explosive pre-empted round values the Swedish-born company at nearly $7 billion—marking a staggering fourfold valuation leap from its $1.7 billion Series B milestone in January 2025.The hyper-capitalization round attracted an elite tier of global technology and celebrity builders, including Mark
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Hemispheric Emerges from Stealth with $52M Capitalization to Launch Descartes Brain-Decoding Model
What You Should Know
NeuroAI foundation company Hemispheric has officially emerged from stealth, announcing a $52M early-stage funding round co-led by Hanaco Ventures and OneMind/Awareness Capital to scale objective human brain decoding.The company has launched Descartes, a 6-billion-parameter neural foundation model that translates non-invasive, dry-electrode EEG electrical waves into quantitative, actionable clinical insights.Disrupting traditional sample-size limitations, Descartes was
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Chai Discovery Raises $400M to Accelerate AI-Driven Molecular Design Platform
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Structural biology and AI drug design pioneer Chai Discovery has announced a $400M Series C funding round, valuing the company at $3.8 billion just two years after its 2024 founding.The heavily oversubscribed round was led by Index Ventures, alongside Kleiner Perkins, Sequoia Capital, and Dimension, with strategic backing from existing investors OpenAI and Thrive Capital.Moving past legacy computational screening methods, Chai’s generative platform engineers entirely de
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Rock Health H1 2026 Digital Health Funding Recap: Startups Hit $7.4B in Venture Rebound
What You Should Know
Rock Health Capital H1 2026 Digital Health Funding Report, U.S. digital health funding reached $7.4B across 244 deals in H1 2026, outposing H1 2025 by $1B and establishing a clear multi-year recovery from the post-pandemic market resets of 2023 and 2024.Mega deals ($100M+) absorbed a staggering 45% of all deployed capital in H1 2026, consolidating nearly half of the market's total funding into just 8% of finalized transactions.Mental health secured its position as the
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