What You Should Know
Ortet, a frontier artificial intelligence laboratory focused on healthcare, officially launched, backed by a landmark $500M investment commitment from Thoreau, the technology holding platform engineered to build core compute, clinical rules, and research infrastructure across healthcare markets.The startup is building a patient-centered, multi-dimensional foundation model that spans compute infrastructure, proprietary data networks, frontier research, model training, and
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
EliseAI Secures $350M to Scale Agentic Workflows Across Healthcare Operations
What You Should Know
Workflow automation company EliseAI announced that it has raised $350M in new financing at a $4B valuation to deepen its operational automation platform across the housing and healthcare industries.The financing was co-led by Andreessen Horowitz (a16z) and Bessemer Venture Partners, with participation from major institutional and growth investors including Ontario Teachers' Pension Plan, Sapphire Ventures, and Navitas Capital.EliseAI’s platform currently powers one in six
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Basalt Health Raises $20M to Scale Post-Acute AI Transition Platform Across 111 Markets
What You Should Know
Basalt Health, an AI-driven platform automating patient transitions and admissions into post-acute care facilities, raises $20M Series A financing round, bringing its cumulative capital raised to $24.5M.The financing was led by return investor New Enterprise Associates (NEA), with continued participation from healthcare venture funds Frist Cressey Ventures (FCV) and 25m Health (the healthcare venture studio of 25madison, backed by Apollo Global Management).The technology
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UltraSight Secures $24M to Scale Point-of-Care Cardiac Ultrasound Across Health Systems
What You Should Know
UltraSight™, a pioneer in AI-guided cardiac ultrasound workflows, announced it raised $24M in Series B2 financing.Alive HealthTech Growth Fund led the funding round, with co-investment from Deep Insight, Star51 Capital, Connecticut Innovations, and eHealth Ventures, and participation from existing clinical and venture stakeholders, including Mayo Clinic Ventures, NYU, and Iron Nation.Proceeds will fund the U.S. commercial expansion of the UltraSight Echosystem and
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Heidi Secures $340M to Transition from Clinical Documentation to Supervised Agentic Execution
What You Should Know
Global clinical AI platform Heidi raises $340M in total new capital, comprising a $100M Series C equity round at a $900M valuation and a $240M growth investment from General Catalyst’s Customer Value Fund (CVF).The Series C equity financing was led by long-term investor Blackbird, with continued participation from Phoenix Court (LocalGlobe, Latitude, and Solar funds), Point72 Private Investments, and Headline, bringing Heidi’s cumulative funding to $436.6M.The $240M CVF
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Angle Health Secures $600M at $2.7B Valuation to Scale AI-Native Small Business Health Plans
What You Should Know
Angle Health, an AI-native healthcare benefits platform designed for small and midsize businesses (SMBs), announced a $600M equity financing transaction at a $2.7 billion valuation.The financing was led by global growth investor Vitruvian Partners, with participation from new backer Town Hall Ventures and existing investors Blumberg Capital, Portage Ventures, PruVen Capital, and Y Combinator.Angle Health currently serves more than 5,000 employer groups with customizable
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Ferry Health Emerges from Stealth with $9M to Automate Patient Appointment Scheduling
What You Should Know
Ferry Health emerged from stealth, securing $9M in seed funding to deploy an autonomous, agentic AI personal assistant that handles complex healthcare logistics for patients.The seed financing round was co-led by Andreessen Horowitz (a16z) and Index Ventures, with participation from Avid Ventures, Layout Ventures, SV Angel, BoxGroup, Asymmetric Capital Partners, and prominent angel investors including Jay Desai (co-founder of Bamboo Health) and the founders of Grow
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Kairon Health Secures $5M to Build the AI Execution Layer for Value-Based Care
What You Should Know
Kairon Health, the AI-native execution layer for value-based care (VBC) that it has raised $5M in venture funding to automate day-to-day operations for risk-bearing provider organizations.The financing round was led by Flare Capital Partners, with participation from Tau Ventures and existing investors Lightbank, General Advance, and Pave Health Ventures.The platform addresses the "visibility versus execution" deficit in population health, replacing legacy analytics tools
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Thatch Reaches $1 Billion Unicorn Valuation with $108M Raise to Expand Personalized Health Benefits
What You Should Know
Thatch, the healthcare benefits platform transitioning employers from traditional group coverage to consumer-directed health budgets, raised $108 million in new funding at a $1 billion valuation on September 15, 2026.The financing round was co-led by The General Partnership, Index Ventures, General Catalyst, and Andreessen Horowitz (a16z), with strategic participation from ADP Ventures, Paychex, Eli Lilly and Company, Scale Venture Partners, QuantumLight, SemperVirens,
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Inspiren Secures $70M to Scale Physical AI Across Senior Living
What You Should Know
Senior living physical artificial intelligence pioneer Inspiren has raised $70M in Series C funding at a post-money valuation exceeding $500M.The financing round was led by NewView Capital, with broad syndicate participation from Insight Partners, Primary Venture Partners, Scale Venture Partners, Vintage Investment Partners, Lightbank, Avenir Growth Capital, Story Ventures, and Camber Creek.Brings Inspiren’s total capital raised to $225M—marking the largest fundraising
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