All the fundraising deals in the healthcare AI market (from Q2 2025 to Q2 2026)
Download our beautiful pitch about the healthcare AI market
In our healthcare AI market deck, you will find everything you need to understand the market
The healthcare AI market recorded 88 publicly announced funding rounds from Q2 2025 through Q2 2026.
Healthcare AI startups raised about $4.24 billion across clinical software, workflow automation, diagnostics, payer tools and life-science research.
Q2 2026 was the strongest quarter, with 26 healthcare AI funding deals worth about $1.09 billion.
And if you want to better understand this new industry, you can download our pitch covering the healthcare AI market.
This market map, featured in our healthcare AI market deck, highlights top companies and startups in the healthcare AI market
Summary table of the funding deals in the healthcare AI market (last 5 quarters)
We define the healthcare AI market as AI software and models used by healthcare providers, payers, life sciences companies, medtech firms, and public health bodies to improve clinical care, operations, and research.
We include clinical decision support, diagnostic and monitoring tools, hospital and clinic workflow and revenue cycle automation, payer analytics and claims tools, as well as AI used in pharma and biotech R&D, clinical trials, and connected medical devices.
We exclude general-purpose AI infrastructure, pure consumer wellness and fitness apps, and horizontal enterprise tools that are not purpose-built or primarily sold for healthcare use.
You can also read our detailed analysis to understand how funding activity in the healthcare AI market has evolved over the last few years.
Also, you should know that we have a dedicated page, updated weekly, with all the latest fundraising deals in the healthcare AI market.
| Name | What they do | Amount in $ | Quarter |
|---|---|---|---|
| Mandolin | Automates insurance checks and patient access for specialty medicines. | $40M | Q2 2025 |
| Abridge | Turns medical conversations into notes, codes and structured health records. | $300M | Q2 2025 |
| Nabla | Automates clinical documentation, coding and electronic health record tasks. | $70M | Q2 2025 |
| Ellipsis Health | Uses voice AI for patient engagement, assessment and care management. | $45M | Q2 2025 |
| Autonomize AI | Builds healthcare AI agents for clinical, regulatory and life-science work. | $28M | Q2 2025 |
| Vivodyne | Combines human tissue, laboratory robotics and AI for drug testing. | $40M | Q2 2025 |
| AssistIQ | Tracks medical supplies during procedures to reduce waste and missed billing. | $11.5M | Q2 2025 |
| Axle Health | Automates scheduling, routing and workforce management for home-health providers. | $10M | Q2 2025 |
| Akido | Operates healthcare services supported by AI tools for clinicians. | $60M | Q2 2025 |
| PhaseV | Uses AI and causal analysis to improve clinical-trial design. | $50M | Q2 2025 |
| Carta Healthcare | Automates clinical-data collection for registries, research and quality reporting. | $18.25M | Q2 2025 |
| Inductive Bio | Builds shared AI models for small-molecule drug discovery. | $25M | Q2 2025 |
| Gestalt Diagnostics | Provides AI-assisted digital pathology software for diagnostic laboratories. | $7.5M | Q2 2025 |
| Ascertain | Automates care navigation and administrative work for healthcare teams. | $10M | Q2 2025 |
| Doctronic | Offers AI medical guidance and access to licensed clinicians. | $5M | Q2 2025 |
| RapidClaims | Automates medical coding, claims preparation and revenue-cycle tasks. | $11M | Q2 2025 |
| Doctronic | Provides AI-supported medical guidance, prescriptions and clinician access. | $20M | Q3 2025 |
| Penguin AI | Deploys AI workers for healthcare administration and revenue-cycle operations. | $29.7M | Q3 2025 |
| Teton.ai | Uses computer vision to monitor hospital and senior-care patients. | $20M | Q3 2025 |
| Ketryx | Automates quality, risk and compliance work for medical software. | $39M | Q3 2025 |
| Reveal HealthTech | Builds healthcare-specific AI products and engineering systems. | $7.2M | Q3 2025 |
| Wisdom | Automates dental billing, coding and revenue-cycle operations. | $21M | Q3 2025 |
| Method AI | Provides AI visualization and navigation for cancer surgery. | $20M | Q3 2025 |
| Develop Health | Automates benefits checks, prior authorization and medication access. | $14.3M | Q3 2025 |
| Citizen Health | Organizes patient and clinical data for rare-disease care and research. | $30M | Q3 2025 |
| Chai Discovery | Builds foundation models for molecular prediction and therapeutic design. | $70M | Q3 2025 |
| Ambience Healthcare | Automates clinical documentation, coding and health-system workflows. | $243M | Q3 2025 |
| OpenEvidence | Provides physicians with AI medical search and clinical decision support. | $210M | Q3 2025 |
| Heidi Health | Provides AI clinical documentation and care assistance for clinicians. | $65M | Q4 2025 |
| Iambic Therapeutics | Uses AI to design drugs and develop internal therapeutic programs. | $100M+ | Q4 2025 |
| OpenEvidence | Provides physicians with AI medical search and clinical decision support. | $200M | Q4 2025 |
| Hippocratic AI | Builds healthcare AI agents for patient communication and operations. | $126M | Q4 2025 |
| Manifold | Provides AI and data infrastructure for clinical research. | $18M | Q4 2025 |
| Medra | Combines laboratory robotics and AI for automated drug experiments. | $52M | Q4 2025 |
| Profluent | Builds generative models for protein design and programmable biology. | $106M | Q4 2025 |
| Accipiter Bio | Uses AI to design therapeutic proteins for pharmaceutical development. | $12.7M | Q4 2025 |
| Arya Health | Automates staffing, scheduling and administration for home-care providers. | $18.2M | Q4 2025 |
| Hyro | Provides conversational AI for patient access and healthcare operations. | $45M | Q4 2025 |
| Sensi.AI | Uses audio AI to monitor older adults receiving home care. | $45M | Q4 2025 |
| Assort Health | Automates patient calls, appointments and care routing with voice AI. | $76M | Q4 2025 |
| Proxima Therapeutics | Uses AI to discover proximity-based medicines. | $80M | Q1 2026 |
| Neuropacs | Develops AI tools for neurological diagnosis from MRI scans. | $1M | Q1 2026 |
| OpenEvidence | Provides physicians with AI medical search and clinical decision support. | $250M | Q1 2026 |
| Alaffia Health | Uses AI to review payer claims and identify avoidable spending. | $55M | Q1 2026 |
| Synthpop | Builds AI agents for healthcare administrative workflows. | $15M | Q1 2026 |
| Lotus Health AI | Provides AI-enabled medical visits with clinician oversight. | $35M | Q1 2026 |
| Pasito | Automates employer health-benefit and insurance administration. | $21M | Q1 2026 |
| Take2 | Uses autonomous AI agents to recruit healthcare workers. | $14M | Q1 2026 |
| Ease Health | Provides an AI operating platform for behavioral-health providers. | $41M | Q1 2026 |
| Nitra | Automates financial and administrative work for healthcare practices. | $90M | Q1 2026 |
| Amigo AI | Helps healthcare organizations build protocol-based patient agents. | $11M | Q1 2026 |
| Translucent | Uses AI to improve hospital accounting and financial visibility. | $27M | Q1 2026 |
| Condor Software | Provides financial data tools for life-sciences companies. | $24M | Q1 2026 |
| Doctronic | Offers AI medical guidance and clinician-supported prescription renewal. | $40M | Q1 2026 |
| Dimer Health | Combines clinicians and AI for care after hospital discharge. | $13.5M | Q1 2026 |
| Adonis | Automates healthcare billing, claims, denials and revenue-cycle operations. | $40M | Q1 2026 |
| Qualified Health | Helps health systems evaluate, govern and deploy healthcare AI. | $125M | Q1 2026 |
| Jimini Health | Builds clinician-supervised AI tools for behavioral-health treatment. | $17M | Q1 2026 |
| Avo | Adds clinical decision support directly to electronic health records. | $10M | Q1 2026 |
| Blossom Health | Provides an AI operating system for psychiatric practices. | $20M | Q1 2026 |
| SECAI | Automates healthcare voice interactions and clinical documentation. | $6.2M | Q1 2026 |
| nyra health | Develops AI neurorehabilitation software for therapists and patients. | $21.6M | Q1 2026 |
| Procode AI | Automates medical coding and revenue-cycle work. | $4M | Q1 2026 |
| Insight Health | Provides clinical AI agents for healthcare administration. | $11M | Q2 2026 |
| Almanac Health | Provides evidence-based clinical decision support for clinicians. | $10M | Q2 2026 |
| LighthouseAI | Automates pharmaceutical licensing, regulatory research and compliance. | $8M | Q2 2026 |
| Aidoc | Provides AI imaging, diagnosis and triage tools for health systems. | $150M | Q2 2026 |
| Enzo Health | Automates home health, hospice and post-acute care operations. | $20M | Q2 2026 |
| AcuityMD | Provides commercial intelligence for medical-device manufacturers. | $80M | Q2 2026 |
| Keebler Health | Finds risk-adjustment opportunities in clinical documents. | $16M | Q2 2026 |
| Latent | Automates medication access and prior-authorization workflows. | $80M | Q2 2026 |
| Fathom Therapeutics | Combines physics and AI to design small-molecule medicines. | $47M | Q2 2026 |
| Worki AI | Provides AI workforce infrastructure for healthcare organizations. | $2.75M | Q2 2026 |
| Ilant Health | Provides AI-supported obesity and cardiometabolic care. | $15M | Q2 2026 |
| Prosper AI | Automates scheduling, insurance checks, billing and patient communication. | $30M | Q2 2026 |
| Ladder Health | Provides virtual developmental and behavioral care for children. | $7M | Q2 2026 |
| Assort Health | Automates patient access, scheduling, referrals and billing with AI. | $120M | Q2 2026 |
| xCures | Turns medical records into structured data and research evidence. | $46M | Q2 2026 |
| Cadence | Combines remote monitoring, clinicians and AI for chronic care. | $100M | Q2 2026 |
| Frontier Health | Provides AI agents for repetitive NHS hospital administration. | $12.4M | Q2 2026 |
| Collate | Automates pharmaceutical regulatory submissions and clinical-trial documents. | $95M | Q2 2026 |
| Flok Health | Delivers musculoskeletal treatment through an AI physiotherapy clinic. | $12.5M | Q2 2026 |
| Adaptive Innovations | Combines home healthcare services with an AI operating platform. | $50M | Q2 2026 |
| Subtle Medical | Uses AI to improve medical scan speed and image quality. | $33M | Q2 2026 |
| Novellia | Builds patient-powered clinical data for pharmaceutical research. | $18M | Q2 2026 |
| Solstice | Automates pharmaceutical commercialization, medical review and regulatory work. | $21M | Q2 2026 |
| Lucis | Combines AI and biomarkers to identify disease risks earlier. | $20M | Q2 2026 |
| Commure | Automates healthcare coding, claims, denials and administrative workflows. | $70M | Q2 2026 |
In our healthcare AI market deck, we identify pain points entrepreneurs should prioritize
How has funding activity in the healthcare AI market changed over time?
Q2 2026 was the most active quarter, with 26 deals and $1.09 billion raised across many healthcare AI companies rather than one dominant round.
Q3 2025 had the lowest funding total at $724 million, although Ambience Healthcare and OpenEvidence still completed two very large rounds.
Healthcare AI funding increased by 13% from Q1 2026 to Q2 2026 and by 49% from Q2 2025 to Q2 2026.
Funding still increased when the largest one or two deals were removed from each quarter. The underlying healthcare AI market therefore became broader, especially in Q1 and Q2 2026.
| Quarter | Number of deals | Total raised ($) | Comment |
|---|---|---|---|
| Q2 2025 | 16 | $731M | Abridge represented 41% of quarterly healthcare AI funding. |
| Q3 2025 | 12 | $724M | Ambience Healthcare and OpenEvidence supplied most of the quarterly total. |
| Q4 2025 | 11 | $738M | Several large rounds supported funding despite a lower deal count. |
| Q1 2026 | 23 | $961M | Healthcare AI deal activity almost doubled from the previous quarter. |
| Q2 2026 | 26 | $1.09B | The healthcare AI market reached its highest funding and deal totals. |
| All quarters | 88 | $4.24B | Funding expanded across clinical, administrative and life-science applications. |
This chart, featured in our healthcare AI market deck, looks at Tempus AI’s strategy in healthcare AI
Which startups in the healthcare AI market raised the largest rounds over the last months?
These startups raised the most recently in the healthcare AI market:
- Abridge raised $300 million to expand clinical documentation, coding and reimbursement tools across major health systems.
- OpenEvidence raised $250 million to expand its medical search platform, clinical coverage and physician adoption.
- Ambience Healthcare raised $243 million to build a broader operating platform for documentation, coding and clinical workflows.
- OpenEvidence raised $210 million to improve its medical knowledge platform and reach more physicians.
- OpenEvidence raised $200 million to support further model development and medical-content expansion.
- Aidoc raised $150 million to develop a healthcare foundation model for imaging, diagnosis and clinical decision support.
- Qualified Health raised $125 million to help more health systems evaluate, govern and deploy healthcare AI.
- Assort Health raised $120 million to automate more of the patient journey across scheduling, referrals, refills and billing.
- Profluent raised $106 million to train larger protein-design models and support therapeutic partnerships.
- Cadence raised $100 million to expand AI-supported chronic care and remote monitoring for older patients.
And, yes, we do cover most of them in our our beautiful pitch about the healthcare AI market.
You may also want to check our ranking of the most funded startups in the healthcare AI market as well as our list of the most valued startups.
This chart, featured in our healthcare AI market deck, shows annual funding in healthcare AI startups
Is the healthcare AI market shifting toward smaller or bigger deals?
The average healthcare AI funding round was about $48 million across the five quarters.
The quarterly average ranged from about $42 million to $67 million. Q4 2025 had the highest average because six deals exceeded $50 million.
Without the largest healthcare AI rounds, the market would show steadier deal sizes and a gradual increase in mid-sized financings.
| Quarter | Number of deals | Average deal size | Deals below $2M | Deals above $50M |
|---|---|---|---|---|
| Q2 2025 | 16 | $45.70M | 0 | 3 |
| Q3 2025 | 12 | $60.35M | 0 | 3 |
| Q4 2025 | 11 | $67.08M | 0 | 6 |
| Q1 2026 | 23 | $41.80M | 1 | 5 |
| Q2 2026 | 26 | $41.93M | 0 | 7 |
| All quarters | 88 | $48.23M | 1 | 24 |
This chart, featured in our healthcare AI market deck, compares the main business model options for ambient AI companies
How concentrated was funding activity in the healthcare AI market?
Healthcare AI funding became less dependent on one company. The largest round represented 41% of Q2 2025 funding but only 14% of Q2 2026 funding.
The same pattern appears in the top-three figures, which fell from 59% in Q2 2025 to 34% in Q2 2026 as more healthcare AI startups raised capital.
| Quarter | Number of deals | Top 1 | Top 3 | Top 10 |
|---|---|---|---|---|
| Q2 2025 | 16 | 41.03% | 58.80% | 92.48% |
| Q3 2025 | 12 | 33.55% | 72.22% | 97.03% |
| Q4 2025 | 11 | 27.10% | 55.02% | 98.28% |
| Q1 2026 | 23 | 26.01% | 48.37% | 81.45% |
| Q2 2026 | 26 | 13.76% | 33.94% | 76.88% |
| All quarters | 88 | 7.07% | 18.68% | 42.50% |
This chart, featured in our healthcare AI market deck, illustrates how revenue is distributed across customer segments in the healthcare AI market
Which categories in the healthcare AI market received the most funding?
Clinical AI tools raised $1.47 billion, or about 35% of healthcare AI funding, because investors backed products used directly in medical decisions and patient care.
Care workflow AI raised $1.31 billion, or about 31% of the total, as healthcare organizations adopted automation for documentation, staffing, billing and patient access.
Life-science AI raised $886 million, or about 21% of the total, with large investments in drug design, automated laboratories and regulatory workflows.
| Category | Number of deals | Total raised | Startups and amount |
|---|---|---|---|
| Clinical AI Tools | 27 | $1.47B | OpenEvidence $660M; Qualified Health $125M; Cadence $100M; Latent $80M; Nabla $70M; Akido $60M; Ellipsis Health $45M; Doctronic $65M; xCures $46M; Citizen Health $30M; nyra health $21.6M; Lucis $20M; Jimini Health $17M; Ilant Health $15M; Flok Health $12.5M; Amigo AI $11M; Avo $10M; Almanac Health $10M; Ladder Health $7M |
| Care Workflow AI | 28 | $1.31B | Abridge $300M; Ambience Healthcare $243M; Assort Health $196M; Heidi Health $65M; Adaptive Innovations $50M; Hyro $45M; Ease Health $41M; Prosper AI $30M; Autonomize AI $28M; Teton.ai $20M; Enzo Health $20M; Blossom Health $20M; Arya Health $18.2M; Synthpop $15M; Develop Health $14.3M; Take2 $14M; Dimer Health $13.5M; Frontier Health $12.4M; Insight Health $11M; AssistIQ $11.5M; Ascertain $10M; Axle Health $10M; Reveal HealthTech $7.2M; SECAI $6.2M; Worki AI $2.75M |
| Life Science AI | 18 | $886M | Profluent $106M; Iambic Therapeutics $100M+; Collate $95M; Proxima Therapeutics $80M; AcuityMD $80M; Chai Discovery $70M; Medra $52M; PhaseV $50M; Fathom Therapeutics $47M; Vivodyne $40M; Ketryx $39M; Inductive Bio $25M; Condor Software $24M; Solstice $21M; Manifold $18M; Novellia $18M; Accipiter Bio $12.7M; LighthouseAI $8M |
This chart, featured in our healthcare AI market deck, shows how symptom checker app technology has evolved over time
Who are the biggest investors in the healthcare AI market?
Andreessen Horowitz appeared in five healthcare AI deals covering clinical documentation, behavioral health, patient access and drug discovery.
Lightspeed Venture Partners appeared in five deals, including repeated investments in Assort Health and Doctronic.
GV appeared in four deals linked to OpenEvidence and Translucent, representing $687 million in total round value.
Insight Partners appeared in four disclosed healthcare AI deals across payer operations, life-science finance and clinical trials.
Kleiner Perkins appeared in three major deals involving OpenEvidence and Ambience Healthcare.
Menlo Ventures appeared in two deals covering drug discovery and patient-access automation.
SignalFire appeared in two healthcare AI rounds involving Mandolin and Qualified Health.
Oak HC/FT appeared in two large rounds involving Akido and Ambience Healthcare.
First Round Capital participated in two Assort Health rounds worth $196 million in total.
Chemistry also participated in two Assort Health rounds as the company expanded its patient-access platform.
Disclaimer: this investor list may be incomplete; we focus on publicly disclosed lead and prominent recurring investors, so some frequent minority participants may be underrepresented. “Total funded” does not represent the amount personally invested by an individual investor. Instead, it refers to the aggregate amount raised across all fundraising rounds in which the investor participated.
| Investor | Number of deals | Total funded | Startups |
|---|---|---|---|
| Andreessen Horowitz | 5 | $639M | Abridge, Ambience Healthcare, Ease Health, Prosper AI, Inductive Bio |
| Lightspeed Venture Partners | 5 | $260M | Assort Health, Doctronic, Ketryx |
| GV | 4 | $687M | OpenEvidence, Translucent |
| Insight Partners | 4 | $95M+ | Pasito, Condor Software, PhaseV |
| Kleiner Perkins | 3 | $653M | OpenEvidence, Ambience Healthcare |
| Oak HC/FT | 2 | $303M | Akido, Ambience Healthcare |
| First Round Capital | 2 | $196M | Assort Health |
| Chemistry | 2 | $196M | Assort Health |
| Menlo Ventures | 2 | $190M | Chai Discovery, Assort Health |
| SignalFire | 2 | $165M | Mandolin, Qualified Health |
This chart, featured in our healthcare AI market deck, shows how EHR adoption has driven growth in the healthcare AI market over time
Related blog posts
- All the funding deals in healthcare AI
- What is the latest funding news in healthcare AI?
- What are the latest fundraising trends in healthcare AI?
- How strong is fundraising in the healthcare AI market right now?
