Which startups have raised the most funding in the healthcare AI market?

Last updated: 9 June 2026

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The healthcare AI market has become one of the most capital-intensive areas in artificial intelligence, especially in drug discovery, diagnostics, clinical documentation, and healthcare operations.

This list is updated every month, so the ranking stays useful as new rounds, IPOs, acquisitions, and shutdowns change the market.

Below, we rank the top healthcare AI startups by cumulative funding raised, using the funding data available in the dataset.

And if you want to better understand this new industry, you can download our pitch covering the healthcare AI market.

A quick summary table

Metric Value
Most funded startup Isomorphic Labs, with $2.7B raised
Second most funded startup Freenome, with $1.4B raised
Largest funding round Isomorphic Labs, $2.1B Series B in May 2026
Median funding About $167M across the most reliable subset
Share of funding captured by the top 10 About 53% of reliable healthcare AI funding
Median time since last round About 24 months
Startups that raised funding in the last 12 months 24 startups
Healthcare AI startups above $1B raised 6 startups in the full ranking
Drug discovery share of reliable funding About 57%
Clinical AI documentation funding leaders Abridge, Hippocratic AI, Ambience Healthcare, and Nabla
Chart showing annual VC investment in healthcare AI startups

This chart, featured in our healthcare AI market deck, shows annual VC investment in healthcare AI startups

Top startups in the healthcare AI market ranked by total funding raised

Here is an updated table that ranks the top startups in the healthcare AI market based on the total amount of funding they have raised to date.

The table also includes the total number of funding rounds, the date and size of the latest round, the financing type (e.g. Series A, equity financing), key investors, the startup’s current status (active, IPO, acquired, or shut down), and a confidence score based on the data collected (we excluded startups with very low data confidence, to make sure everything is reliable).

If you're interested in knowing how much these startups are worth, you can check our list of the top startups in the healthcare AI market ranked by valuation.

# Startup What They Do Total Raised ($) Total Rounds Last Round Date Last Round Amount ($) Last Round Type Key Investors Current Stage Confidence
1 Isomorphic Labs AI drug discovery engine $2.7B 2 May 2026 $2.1B Series B Thrive Capital, Alphabet, GV Active Full
2 Freenome Early cancer blood testing $1.4B 8 February 2024 $254M Series E / new funding Roche, a16z, ARK Venture Fund Active Full
3 Tempus AI precision medicine data $1.2B 9 June 2024 $411M IPO Public markets, Google, Baillie Gifford IPO Partial
4 HeartFlow AI coronary artery diagnostics $1.1B 10 August 2025 $364M IPO Public markets, Bain Capital Life Sciences, USVP IPO Partial
5 Recursion Pharmaceuticals AI-driven drug discovery platform $1.1B 7 July 2023 $50M PIPE NVIDIA IPO Full
6 Xaira Therapeutics AI drug discovery biotech $1.0B 1 April 2024 $1.0B Series A ARCH Venture Partners, Foresite Capital, Sequoia Capital Active Full
7 Relay Therapeutics Protein-motion drug discovery $920M 4 July 2020 $400M IPO SoftBank Vision Fund, BVF Partners, Third Rock Ventures IPO Full
8 XtalPi AI drug discovery robotics $911M 6 June 2024 $127M IPO OrbiMed, HOPU, SoftBank Vision Fund IPO Strong
9 Olive AI Healthcare admin automation AI $856M 9 July 2021 $400M Series H / Growth Vista Equity Partners, Base10, Tiger Global Shutdown Partial
10 Exscientia AI drug discovery $839M 6 October 2021 $160M Concurrent private placement SoftBank, Gates Foundation Acquired Strong
11 Insilico Medicine Generative AI drug discovery $811M 7 December 2025 $293M IPO Value Partners, Warburg Pincus, Qiming IPO Strong
12 Abridge AI clinical documentation $758M 7 June 2025 $300M Series E Andreessen Horowitz, Khosla Ventures, Lightspeed Venture Partners Active Strong
13 OpenEvidence Medical evidence AI search $735M 11 January 2026 $250M Series D Thrive Capital, DST Global, GV Active Partial
14 BenevolentAI AI drug discovery platform $734M 4 April 2022 $442M SPAC listing proceeds Odyssey Acquisition, Temasek, AstraZeneca Acquired Partial
15 Generate:Biomedicines Generative protein therapeutics discovery $693M 3 September 2023 $273M Series C Amgen, NVentures, MAPS Capital Active Full
16 AbCellera AI antibody discovery platform $671M 3 December 2020 $556M IPO OrbiMed, DCVC Bio, Viking Global Investors IPO Full
17 insitro ML-powered drug discovery $643M 3 March 2021 $400M Series C CPP Investments, SoftBank Vision Fund 2, a16z Active Full
18 Formation Bio AI-native drug development $608M 3 June 2024 $372M Series D a16z, Sanofi, Sequoia Active Partial
19 METiS Therapeutics AI drug delivery platform $576M 6 May 2026 $269M IPO BlackRock, PICC PE, China Life IPO Partial
20 Commure Healthcare operations AI platform $570M 7 May 2026 $70M Equity financing General Catalyst, Sequoia Capital, Morgan Stanley Active Partial
21 Innovaccer Healthcare intelligence cloud $547M 7 January 2025 $179M Series F B Capital Group, Kaiser Permanente, M12 Active Partial
22 Komodo Health Healthcare data analytics platform $514M 4 November 2022 $200M Structured equity Coatue, Dragoneer Active Strong
23 Medable Decentralized clinical trial platform $507M 6 October 2021 $304M Series D Blackstone Growth, GSR Ventures, Tiger Global Active Strong
24 Saama AI clinical data analytics $505M 3 October 2021 $430M Strategic Growth Equity Carlyle, Merck GHI, Pfizer Ventures Acquired Partial
25 SOPHiA GENETICS Data-driven medicine analytics $503M 7 July 2021 $254M IPO / Private Placement aMoon, Generation Investment, Balderton Capital IPO Partial
26 Pathos AI AI oncology drug development $467M 3 May 2025 $365M Series D NEA, Revolution Growth, Lightbank Active Partial
27 Biofourmis AI remote patient monitoring $461M 6 August 2022 $20M Series D extension Intel Capital, General Atlantic, CVS Health Acquired Strong
28 Exo AI handheld ultrasound platform $420M 5 May 2025 $100M Series D / venture Samsung Ventures, RA Capital Management, BlackRock Active Partial
29 Hippocratic AI Healthcare LLM agents $404M 4 November 2025 $126M Series C Avenir Growth Active Strong
30 Aidoc Clinical imaging AI platform $400M 5 April 2026 $150M Series E Goldman Sachs Alternatives, General Catalyst, SoftBank Investment Advisors Active Strong
31 Valo Health AI-enabled drug development $400M 3 March 2021 $110M Series B final close Koch Disruptive Technologies, Flagship Pioneering, PSP Investments Active Partial
32 Cleerly AI cardiac imaging $383M 4 December 2024 $106M Series C extension Insight Partners, Battery Ventures Active Partial
33 Huma AI digital health platform $355M 13 April 2025 $17M Late-stage / undisclosed Nomura, Lumos Capital Group, HAT Active Partial
34 Ambience Healthcare Ambient clinical documentation AI $343M 3 July 2025 $243M Series C Oak HC/FT, Andreessen Horowitz, OpenAI Startup Fund Active Strong
35 Iambic Therapeutics AI-designed therapeutics platform $334M 5 April 2026 $28M Series C-II Abingworth, Ascenta, Illumina Ventures Active Partial
36 Clarify Health Solutions Healthcare analytics value-based payments $332M 4 April 2022 $150M Series D SoftBank Vision Fund 2, BlackRock, Insight Partners Active Partial
37 Owkin Federated AI drug discovery $304M 5 June 2022 $86M Series B extension Sanofi, Bristol Myers Squibb, Mubadala Active Strong
38 Lunit AI cancer imaging diagnostics $301M 7 April 2026 $140M Rights offering Atinum Investment IPO Strong
39 Immunai AI immune-system mapping $295M 3 October 2021 $215M Series B Koch Disruptive Technologies, Talos VC, 8VC Active Full
40 Genesis Therapeutics AI small-molecule drug discovery $280M 4 August 2023 $200M Series B a16z, BlackRock, Fidelity Active Strong
41 Iterative Health AI gastroenterology clinical research $262M 4 April 2026 $77M Series C Intrepid Growth Partners, GV, EDBI Active Strong
42 Viz.ai AI care coordination imaging $250M 5 April 2022 $100M Series D Tiger Global, Insight Partners, Scale Venture Partners Active Strong
43 Paige AI digital pathology diagnostics $241M 8 January 2023 $20M Strategic / later equity Microsoft Acquired Strong
44 PathAI AI pathology analysis $240M 4 May 2021 $165M Series C D1 Capital Partners, Kaiser Permanente, Tiger Global Acquired Strong
45 Chai Discovery AI molecular design platform $230M 3 December 2025 $130M Series B General Catalyst, Oak HC/FT, OpenAI Active Full
46 Atomwise AI small-molecule screening $219M 4 February 2025 $45M Series C Leaps by Bayer, B Capital, DCVC Active Strong
47 Qventus AI care operations automation $200M 6 January 2025 $105M Series D KKR, Bessemer Venture Partners, Northwestern Medicine Active Strong
48 Cohere Health AI prior authorization platform $196M 5 May 2025 $90M Series C Temasek, Deerfield, Define Ventures Active Strong
49 BenchSci AI preclinical R&D platform $170M 8 May 2023 $70M Series D Generation Investment Management, Inovia, TCV Active Partial
50 Suki AI clinical assistant $168M 6 January 2025 Undisclosed Venture / undisclosed Hedosophia, Venrock, March Capital Active Strong
51 Eko Health AI heart-lung diagnostics $165M 6 June 2024 $41M Series D ARTIS Ventures, Highland Capital Partners, NTTVC Active Strong
52 Profluent AI protein design $150M 3 November 2025 $106M Series B Altimeter Capital, Bezos Expeditions, Spark Capital Active Full
53 Rad AI Generative radiology workflow automation $147M 5 May 2025 $8M Series C extension Advocate Health, Memorial Hermann, Corewell Health Active Strong
54 Unlearn Clinical trial digital twins $135M 7 February 2024 $50M Series C Altimeter Capital, Radical Ventures, Mubadala Capital Active Strong
55 Verge Genomics AI neurodegenerative drug discovery $134M 4 December 2021 $98M Series B BlackRock, Eli Lilly, Merck GHI Active Strong
56 Proscia AI digital pathology platform $128M 6 March 2025 $50M Series C / Growth Insight Partners, AI Capital Partners, Triangle Peak Partners Active Full
57 Qure.ai AI radiology diagnostics $121M 3 September 2024 $65M Series D Lightspeed, 360 ONE Asset, Merck GHI Active Strong
58 Nabla Ambient clinical AI assistant $120M 3 June 2025 $70M Series C HV Capital, Highland Europe, DST Global Active Strong
59 Augmedix Ambient medical documentation $118M 8 November 2023 $29M Public Offering HCA Healthcare, Redmile Group, DCM Ventures Acquired Partial
60 Notable Healthcare workflow automation $117M 3 November 2021 $100M Series B ICONIQ Growth, Greylock, F-Prime Capital Active Full
61 Healx AI rare-disease drug discovery $115M 5 July 2025 $2M Series C-II SCI Ventures, Atomico, R42 Group Active Partial
62 AliveCor AI personal ECG devices $114M 6 August 2022 Undisclosed Series F GE Healthcare, Khosla Ventures, Qualcomm Ventures Active Partial
63 CodaMetrix Autonomous medical coding $111M 4 May 2025 $12M Series B-II Transformation Capital, SignalFire, Frist Cressey Ventures Active Strong
64 Ibex Medical Analytics AI cancer pathology diagnostics $104M 3 September 2023 $55M Series C 83North, Sienna Venture Capital, Octopus Ventures Active Strong
65 Ultromics AI echocardiography heart diagnostics $103M 4 July 2025 $55M Series C L&G, Allegis Capital, Lightrock Active Partial
66 Aqemia Physics AI drug discovery $103M 4 December 2024 $38M Series A / growth extension Cathay Innovation, Eurazeo, Bpifrance Active Strong
67 RapidAI AI stroke imaging workflow $100M 2 July 2023 $75M Series C Vista Credit Partners Active Full
68 CytoReason Computational disease models $100M 2 July 2024 $80M Series C / Strategic Equity OurCrowd, NVIDIA, Pfizer Active Partial
69 Lantern Pharma AI precision oncology therapeutics $98M 6 May 2026 $4M Registered Direct Offering Bios Partners, GPG Ventures, institutional investor IPO Partial
70 Nym Explainable autonomous medical coding $95M 4 October 2024 $47M Growth Equity PSG, GV, Addition Active Full
71 Causaly Biomedical knowledge AI platform $93M 5 July 2023 $60M Series B ICONIQ Growth, Index Ventures, Marathon Active Strong
72 Corti Healthcare AI co-pilot $92M 3 September 2023 $60M Series B Prosus Ventures, Atomico, Eurazeo Active Strong
73 AKASA AI revenue-cycle automation $85M 3 March 2021 $60M Series B BOND, Andreessen Horowitz, Costanoa Ventures Active Full
74 TandemAI AI wet-lab drug discovery $82M 3 November 2025 $22M Series A Extension V-Capital, KHK Fund, Qiming Active Full
75 Regard AI clinical insights platform $81M 3 July 2024 $61M Series B Oak HC/FT, Cedars-Sinai Health Ventures, TenOneTen Ventures Active Partial
76 Memora Health Digital care navigation platform $81M 3 April 2023 $30M Strategic investment General Catalyst, Northwell Holdings, NorthShore–Edward-Elmhurst Acquired Partial
77 Lindus Health AI-enabled clinical trials $78M 3 January 2025 $55M Series B Balderton Capital, Creandum, Seedcamp Active Full
78 SmarterDx Clinical revenue integrity AI $71M 3 April 2025 Undisclosed Series B / Strategic Transformation Capital, Bessemer, Flare Capital Active Partial
79 Arterys Cloud AI medical imaging $70M 4 May 2020 $28M Series C Benslie Investment Group, Temasek, Varian Acquired Strong
80 Janus AI Revenue cycle automation AI $63M 3 September 2024 $10M Series B-II / extension CU Healthcare Innovation Fund, Enhanced Healthcare Partners, Caduceus Active Partial
81 Turbine Virtual cell simulations $62M 4 February 2026 $25M Series B Interactive Venture Partners, MSD GHI, Accel Active Partial
82 DeepScribe Ambient AI medical scribe $60M 3 January 2022 $30M Series A Index Ventures, Bee Partners, Stage 2 Capital Active Partial
83 Tandem Health AI clinician documentation copilot $60M 2 June 2025 $50M Series A Kinnevik, Northzone, Amino Collective Active Full
84 Caption Health AI-guided ultrasound scanning $59M 2 July 2020 $53M Series B DCVC, Khosla Ventures, Edwards Lifesciences Acquired Partial
85 Aignostics AI pathology precision medicine $54M 3 October 2024 $34M Series B ATHOS, Mayo Clinic, HTGF Active Full
86 Manas AI AI cancer drug discovery $51M 2 September 2025 $26M Seed Extension The General Partnership, Mosaic Ventures, Blitzscaling Ventures Active Full
87 Zebra Medical Vision AI radiology image analysis $50M 3 June 2018 $30M Series C aMoon Ventures, Aurum, Johnson & Johnson Innovation Acquired Full
88 Deep 6 AI Clinical trial patient matching $50M 5 April 2022 $27M Series C / Undisclosed Point72 Ventures, GSR Ventures, Techstars Active Partial
89 ClosedLoop Healthcare predictive AI platform $45M 2 August 2021 $34M Series B Telstra Ventures, Breyer Capital, Greycroft Active Strong
90 Ezra AI full-body MRI screening $43M 3 February 2024 $21M Series B Healthier Capital, FirstMark Capital, Amir Dan Rubin Acquired Strong
91 Quris-AI AI clinical-prediction platform $37M 3 December 2022 $9M Seed Extension SoftBank Vision Fund 2, Welltech Ventures, iAngels Active Strong
92 SigTuple AI diagnostic microscopy automation $33M 5 August 2024 $4M Series C extension SIDBI Venture Capital, Accel, Endiya Partners Active Strong
93 Empatica AI medical wearables biomarkers $33M 3 August 2022 $26M Series B Sanofi Ventures, RA Capital Management, Black Opal Ventures Active Strong
94 Frontera Health AI-enabled autism care $32M 1 February 2025 $32M Seed Lux Capital, Lightspeed Venture Partners, Menlo Ventures Active Strong
95 Sift Healthcare AI healthcare payments intelligence $30M 3 May 2024 $20M Series B B Capital, Allos Ventures, First Trust Capital Partners Active Partial
96 QuantHealth AI clinical trial simulation $30M 4 October 2025 $10M Strategic investment Sanofi Ventures, Accenture Ventures, Pitango HealthTech Active Partial
97 Kheiron Medical Technologies AI breast cancer screening $22M 2 September 2019 $22M Series A Atomico, Connect Ventures, Greycroft Acquired Partial
98 Iktos Generative AI drug design $16M 1 March 2023 $16M Series A M Ventures, Debiopharm, Omnes Capital Active Full
99 OneThree Biotech AI drug discovery platform $3M 1 March 2020 $3M Seed Primary Venture Partners, Meridian Street Capital, What If Ventures Active Partial
Market map chart showing top companies and startups in the healthcare AI market

This market map, featured in our healthcare AI market deck, highlights top companies and startups in the healthcare AI market

Key funding trends in the healthcare AI market

Insights

  • Healthcare AI funding is highly concentrated, since the top 10 companies capture about 53% of reliable funding, even though the ranking includes many more startups.
  • Drug discovery is the deepest capital pool in healthcare AI, with 20 companies raising about $11.9B, or roughly 57% of reliable funding in the dataset.
  • Healthcare AI drug discovery startups raise much larger rounds than diagnostics companies, with an average near $596M versus roughly $160M for diagnostics, imaging, and pathology players.
  • Clinical documentation AI is now a serious late-stage category, as Abridge, Hippocratic AI, Ambience Healthcare, and Nabla have become some of the best funded software-first companies in the market.
  • Isomorphic Labs and Xaira Therapeutics show that a healthcare AI startup can reach billion-dollar funding scale with very few rounds when investors believe the platform can reshape drug discovery.
  • Recent funding remains active, with companies that raised in 2025 or later collecting about $8.0B, helped by large rounds in drug discovery, clinical documentation, and healthcare operations.
  • IPO stories cluster around capital-heavy healthcare AI categories, especially drug discovery, antibody discovery, and imaging diagnostics, where long timelines often require access to public markets.
  • Strategic investors appear again and again across the healthcare AI market, which suggests that distribution, clinical access, data access, and pharma partnerships matter as much as capital.
Google Trends chart showing rising interest in AI for healthcare

As this chart shows, and as featured in our healthcare AI market deck, search interest in healthcare AI has grown rapidly

A few word about our methodology

As you can see, we built a database that ranks startups in the healthcare AI market based on total cumulative fundraising. To create this ranking, we reviewed many sources and cross-checked information across multiple places.

Whenever possible, we prioritized official company communications, since official announcements are usually the most reliable source for funding amounts, round dates, and investor names. When those were not available, we relied on reputable industry sources such as TechCrunch, Crunchbase, Financial Times or Forbes (to name a few).

We excluded random blogs, unverified websites, and any sources that could not be validated.

When funding rounds were announced in other currencies such as euros, Swiss francs, Singapore dollars, Australian dollars, or rupees, we converted them into approximate USD equivalents for consistency.

Sometimes different sources report slightly different numbers, or the exact round size is not fully disclosed. In those cases, we flag the uncertainty and assign a confidence label to each healthcare AI startup, visible in the last column.

Here is what they mean.

Full confidence: The company’s equity fundraising history can be reconstructed completely from public sources. The rounds, dates, amounts, and key investors are clearly identified, with no meaningful gaps.

Strong confidence: The fundraising history is largely complete and reliable. There may be a small missing detail, such as incomplete investor information or a minor round with limited data, but the overall record is clear.

Partial confidence: The main fundraising rounds can be identified, but the record is incomplete or somewhat mixed. Some rounds may be missing or certain funding events may be difficult to separate clearly.

Low confidence: Public information is too limited, inconsistent, or ambiguous to reliably reconstruct the company’s equity fundraising history.

When the confidence level is too low, we take a conservative approach and exclude the company from the ranking. We don’t want to include data that cannot be reliably verified.

This reflects how we conduct all our research, including the work behind our report covering the healthcare AI market.

In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.

If you want the full detail on a specific calculation, feel free to contact us and we will gladly explain.

Finally, know that we update the dataset once per month, so come back here if you need fresh information.

Chart showing Tempus AI’s strategy in the healthcare AI market

This chart, featured in our healthcare AI market deck, looks at Tempus AI’s strategy in healthcare AI

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