What You Should Know
Autonomous revenue cycle management (RCM) platform Candid Health has raised $120 million in Series D funding led by Sixth Street Growth, with participation from Oak HC/FT, 8VC and
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Karoo Health Secures $16.2M to Build Cardiovascular OS Infrastructure
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Cardiovascular technology platform Karoo Health has closed a $16.2M Series A funding round co-led by 7wire Ventures and Allumia Ventures, with participation from First Trust Capital Partners, SpringRock Ventures, and Hyde Park Angels.Lee Shapiro (Managing Partner, 7wire Ventures) and Jeff Stolte (Managing Partner, Allumia Ventures) join Karoo Health's Board of Directors.Karoo provides an AI-native connective platform that integrates clinical EHRs, claims history, pharmacy
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Prosper Medical Secures $16M for AI-Powered Primary Care Platform
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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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Assured Raises $19M to Replace Manual Credentialing with Autonomous AI Agents
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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
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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
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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
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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
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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
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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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