Which startups have raised the most funding in the healthcare AI market?
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In our healthcare AI market deck, you will find everything you need to understand the market
The healthcare AI market has attracted tens of billions of dollars across drug discovery, clinical documentation, medical imaging, diagnostics, hospital workflows and other healthcare applications.
To make this market easier to follow, we maintain a ranking of the most funded healthcare AI startups and update the list every month as companies announce new financing rounds.
The ranking focuses on cumulative funding, which helps show which healthcare AI companies have attracted the deepest pools of investor capital over time.
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 healthcare AI startup | Isomorphic Labs, $2.7B |
| Second most funded healthcare AI startup | Relay Therapeutics, $2.3B |
| Largest healthcare AI funding round | Isomorphic Labs, $2.1B Series B |
| Median healthcare AI startup funding | Approximately $144M |
| Share of healthcare AI funding captured by the top 10 | Approximately 46% |
| Median time since last healthcare AI funding round | Approximately 2 years |
| Healthcare AI startups that raised funding in the last 12 months | At least 14 with clearly dated rounds |
| Healthcare AI startups with at least $1B raised | 8 |
| Healthcare AI startups with at least $500M raised | 24 |
| Healthcare AI startups with at least $100M raised | 67 |

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-driven drug discovery and design | $2.7B | 2 | May 2026 | $2.1B | Series B | Thrive Capital, Alphabet, GV | Active | Full |
| 2 | Relay Therapeutics | Computational precision drug discovery | $2.3B | 9 | May 2026 | $316M | Follow-on Public Offering | Jefferies, TD Cowen, Goldman Sachs | IPO | Full |
| 3 | Tempus AI | AI precision medicine and diagnostics | $1.8B | 15 | 2025 | $200M | ATM Public Equity | Public-market investors | IPO | Strong |
| 4 | HeartFlow | AI coronary artery disease diagnostics | $1.6B | 11 | November 2025 | $419M | Post-IPO Equity | Public-market investors | IPO | Strong |
| 5 | XtalPi | AI-powered drug and materials discovery | $1.3B | 11 | February 2025 | $268M | Post-IPO Equity Placement | Undisclosed institutional investors | IPO | Strong |
| 6 | Xaira Therapeutics | AI-native drug discovery and development | $1.0B | 2 | April 2024 | $500M | Series A | ARCH Venture Partners, Foresite Capital, F-Prime | Active | Strong |
| 7 | Commure | Healthcare workflow AI infrastructure | $1.0B+ | 5 | May 2026 | $70M | Series F Extension | General Catalyst, Sequoia Capital, Morgan Stanley | Active | Strong |
| 8 | Freenome | AI blood cancer detection | $1.0B | 6 | 2024 | Undisclosed | Equity Financing | Roche, Fidelity | Active | Strong |
| 9 | AbCellera | AI-powered antibody drug discovery | $946M | 5 | August 2026 | $200M | Follow-on Public Offering | Jefferies, J.P. Morgan, UBS | IPO | Strong |
| 10 | Olive AI | Healthcare AI automation workforce | $910M | 9 | June 2021 | $450M | Series H | Vista Equity Partners, Base10 Partners | Shutdown | Strong |
| 11 | Abridge | AI clinical documentation for clinicians | $758M | 7 | June 2025 | $300M | Series E | Andreessen Horowitz, Khosla Ventures | Active | Full |
| 12 | OpenEvidence | AI medical knowledge assistant | $700M | 3 | January 2026 | $250M | Series D | Thrive Capital, DST Global | Active | Strong |
| 13 | Generate:Biomedicines | Generative AI drug discovery | $693M | 4 | December 2024 | Undisclosed | Equity | Samsung Biologics | Active | Strong |
| 14 | Innovaccer | Healthcare data and AI platform | $653M | 8 | January 2025 | $275M | Series F | B Capital, M12, Kaiser Permanente | Active | Strong |
| 15 | insitro | AI-driven drug discovery | $643M | 4 | March 2021 | $400M | Series C | CPP Investments, ARCH Venture Partners, SoftBank | Active | Full |
| 16 | Chai Discovery | AI molecular design for medicines | $630M | 4 | July 2026 | $400M | Series C | Index Ventures, Kleiner Perkins, Sequoia Capital | Active | Full |
| 17 | Formation Bio | AI-native pharmaceutical drug development | $616M | 5 | June 2024 | $372M | Series D | Andreessen Horowitz, Sanofi, Sequoia | Active | Full |
| 18 | Komodo Health | Healthcare data and analytics platform | $586M | 8 | March 2025 | $50M | Series F | Undisclosed investors | Active | Strong |
| 19 | METiS Therapeutics | AI drug discovery and delivery | $555M | 6 | May 2026 | $270M | IPO | BlackRock, public investors | IPO | Strong |
| 20 | SOPHiA GENETICS | AI-driven precision medicine analytics | $542M | 8 | June 2026 | $58M | Follow-on Public Offering | TD Cowen, public investors | IPO | Strong |
| 21 | Recursion Pharmaceuticals | AI biotechnology platform | $540M | 6 | April 2021 | $117M | IPO | Public investors, Baillie Gifford | IPO | Full |
| 22 | Insilico Medicine | Generative AI drug discovery platform | $538M | 10 | June 2025 | $123M | Series E | Value Partners Group, Prosperity7, Warburg Pincus | IPO | Strong |
| 23 | Medable | Digital decentralized clinical trial platform | $521M | 8 | October 2021 | $304M | Series D | Blackstone Growth, Tiger Global, GSR Ventures | Active | Partial |
| 24 | Exscientia | AI drug discovery company | $510M | 5 | 2021 | $191M | IPO Equity | SoftBank, Novo Holdings | IPO | Full |
| 25 | Pathos AI | AI-driven oncology drug development | $469M | 4 | May 2025 | $365M | Series D | Undisclosed investor group | Active | Strong |
| 26 | Biofourmis | AI-powered virtual patient care | $463M | 7 | August 2022 | $20M | Series D Extension | Intel Capital | Active | Full |
| 27 | Valo Health | AI drug discovery platform | $450M | 4 | March 2021 | $110M | Series B | Koch Disruptive Technologies, PSP Investments | Active | Full |
| 28 | Cleerly | AI cardiovascular imaging analysis | $389M | 5 | November 2024 | $106M | Series C Extension | Insight Partners, Battery Ventures | Active | Full |
| 29 | Ambience Healthcare | AI clinical documentation | $343M | 4 | July 2025 | $243M | Series C | Oak HC/FT, Andreessen Horowitz, OpenAI Startup Fund | Active | Strong |
| 30 | Iambic Therapeutics | AI-designed small-molecule therapeutics | $334M | 5 | April 2026 | $28M | Series C Extension | Abingworth, Ascenta Capital, Illumina Ventures | Active | Strong |
| 31 | Owkin | AI for drug biomarker discovery | $334M | 8 | June 2022 | $80M | Series B Extension | Bristol Myers Squibb | Active | Strong |
| 32 | Clarify Health Solutions | Healthcare analytics and intelligence platform | $328M | 4 | April 2022 | $150M | Series D | SoftBank Vision Fund 2, BlackRock, Insight Partners | Active | Strong |
| 33 | Genesis Therapeutics | AI small-molecule drug discovery | $300M+ | 5 | November 2024 | Undisclosed | Follow-on Equity | NVentures | Active | Partial |
| 34 | Huma | Digital health AI platform | $300M | 4 | 2023 | $75M | Equity | Existing investors | Active | Partial |
| 35 | Exo | AI handheld ultrasound imaging platform | $295M+ | 3 | July 2021 | $220M | Series C | RA Capital Management, BlackRock, Sands Capital | Active | Partial |
| 36 | Immunai | AI maps and reprograms immunity | $295M | 3 | October 2021 | $215M | Series B | Koch Disruptive Technologies, 8VC, TLV Partners | Active | Strong |
| 37 | BenevolentAI | AI drug discovery platform | $292M | 5 | 2022 | $35M | PIPE Equity | DeepMind Ventures, existing investors | Active | Strong |
| 38 | AliveCor | AI-powered personal ECG monitoring | $284M | 7 | August 2022 | $150M | Series F | GE HealthCare, Khosla Ventures, Qualcomm Ventures | Active | Strong |
| 39 | Iterative Health | AI-powered clinical research infrastructure | $262M | 4 | April 2026 | $77M | Series C | Intrepid Growth Partners, GV, EDBI | Active | Full |
| 40 | PathAI | AI pathology diagnostics | $255M | 5 | 2023 | $19M | Equity | Existing investors | Active | Strong |
| 41 | Paige | AI cancer pathology | $220M | 4 | 2023 | $25M | Equity | Existing investors | Active | Strong |
| 42 | Qventus | Hospital operations AI automation | $200M | 5 | January 2025 | $105M | Series D | KKR, Bessemer Venture Partners | Active | Strong |
| 43 | Cohere Health | AI clinical authorization automation | $196M | 5 | May 2025 | $90M | Series C | Temasek, Deerfield Management, Define Ventures | Active | Strong |
| 44 | Atomwise | AI virtual drug discovery platform | $174M | 3 | August 2020 | $123M | Series B | B Capital Group, DCVC, Sanabil Investments | Active | Full |
| 45 | BenchSci | AI for preclinical drug research | $170M | 8 | May 2023 | $70M | Series D | Generation Investment Management, Inovia Capital, TCV | Active | Strong |
| 46 | Eko Health | AI cardiac monitoring devices | $160M | 5 | 2022 | $125M | Series D | Highland Capital, NMP Capital | Active | Strong |
| 47 | Suki | AI clinical voice assistant | $160M | 4 | October 2024 | $70M | Series D | Venrock, March Capital | Active | Full |
| 48 | Viz.ai | AI disease detection platform | $154M | 5 | April 2022 | $100M | Series D | Tiger Global, Insight Partners | Active | Full |
| 49 | Profluent | Generative AI protein design | $150M | 3 | November 2025 | $106M | Series B | Altimeter Capital, Bezos Expeditions, Spark Capital | Active | Full |
| 50 | Rad AI | Generative AI for radiology workflows | $147M | 5 | May 2025 | $8M | Series C Extension | Advocate Health, Memorial Hermann, Corewell Health | Active | Strong |
| 51 | Aidoc | AI radiology workflow tools | $140M | 5 | 2023 | $17M | Equity | Existing investors | Active | Strong |
| 52 | Lunit | AI cancer diagnostics and biomarkers | $138M | 8 | November 2021 | $61M | Pre-IPO | HealthQuest Capital, Casdin Capital, BrightEdge | IPO | Strong |
| 53 | Hippocratic AI | Healthcare large language models | $137M | 3 | 2025 | $84M | Series B | Kleiner Perkins, General Catalyst | Active | Strong |
| 54 | Verge Genomics / Verge Labs | AI discovers neurological disease drugs | $134M | 3 | December 2021 | $98M | Series B | BlackRock, Eli Lilly, Section 32 | Active | Full |
| 55 | Unlearn | AI digital twins for trials | $132M | 6 | February 2024 | $50M | Series C | Altimeter Capital, Radical Ventures, Wittington Ventures | Active | Strong |
| 56 | Proscia | AI digital pathology software platform | $129M | 7 | March 2025 | $50M | Series D | Insight Partners, AI Capital Partners, Triangle Peak Partners | Active | Full |
| 57 | Qure.ai | AI medical imaging diagnostics | $121M | 3 | September 2024 | $65M | Series D | Lightspeed, 360 ONE Asset, Merck GHI Fund | Active | Full |
| 58 | Healx | AI discovers rare-disease treatments | $117M | 5 | July 2025 | $2M | Series C Extension | SCI Ventures | Active | Strong |
| 59 | Ultromics | AI cardiac ultrasound diagnostics | $115M+ | 7 | December 2025 | Undisclosed | Series C Extension | American Heart Association Ventures | Active | Partial |
| 60 | Nabla | AI clinical documentation assistant | $111M | 3 | June 2025 | $70M | Series C | HV Capital, Highland Europe | Active | Full |
| 61 | CodaMetrix | AI medical coding automation | $110M | 4 | May 2025 | $12M | Extension | SignalFire, Riverside Company | Active | Strong |
| 62 | CytoReason | AI disease modeling for pharma | $110M | 3 | July 2024 | $80M | Series B / Growth | OurCrowd, NVIDIA, Pfizer | Active | Partial |
| 63 | Augmedix | AI medical documentation assistant | $107M | 6 | April 2023 | $12M | Strategic Equity | HCA Healthcare, Redmile Group | Acquired | Strong |
| 64 | Ibex Medical Analytics | AI-powered cancer pathology diagnostics | $107M | 4 | September 2023 | $55M | Series C | 83North, Sienna Venture Capital, Octopus Ventures | Active | Full |
| 65 | Aqemia | Physics-based generative AI drug discovery | $104M | 5 | December 2024 | $38M | Growth Equity | Cathay Innovation, Bpifrance, Wendel | Active | Strong |
| 66 | RapidAI | AI neurovascular imaging and workflow | $102M | 3 | July 2023 | $75M | Series C | Vista Credit Partners | Active | Full |
| 67 | Notable | AI healthcare workflow automation | $100M+ | 3 | 2023 | Undisclosed | Growth | Oak HC/FT, ICONIQ | Active | Partial |
| 68 | Causaly | AI biomedical research knowledge platform | $93M | 5 | July 2023 | $60M | Series B | ICONIQ Growth, Index Ventures, Marathon Venture Capital | Active | Strong |
| 69 | Corti | AI healthcare conversation platform | $89M | 5 | September 2023 | $60M | Series B | Atomico, Prosus Ventures | Active | Strong |
| 70 | AKASA | Healthcare revenue-cycle AI | $85M+ | 2 | 2022 | $25M | Equity Financing | Bessemer Venture Partners, Mayfield Fund | Active | Partial |
| 71 | TandemAI | Integrated AI drug discovery services | $82M | 3 | November 2025 | $22M | Series A Extension | V-Capital, Chengwei Capital, OrbiMed | Active | Full |
| 72 | Memora Health | Automates digital patient care workflows | $81M | 4 | April 2023 | $30M | Strategic / Series A Extension | General Catalyst, Andreessen Horowitz, Northwell Holdings | Acquired | Partial |
| 73 | Regard | AI clinical insights and documentation | $81M | 3 | July 2024 | $61M | Series B | Oak HC/FT, Cedars-Sinai Health Ventures, TenOneTen | Active | Full |
| 74 | Deep 6 AI | AI clinical trial patient matching | $78M | 5 | November 2024 | $27M | Venture Equity | Informed Ventures | Acquired | Partial |
| 75 | Lindus Health | AI-enabled clinical trial execution | $78M | 3 | January 2025 | $55M | Series B | Balderton Capital, Creandum, Visionaries Club | Active | Full |
| 76 | Saama | AI analytics for clinical trials | $75M | 2 | March 2019 | $40M | Growth / Late VC | Perceptive Advisors | Acquired | Strong |
| 77 | SmarterDx | AI clinical documentation coding | $71M | 4 | May 2024 | $50M | Series B | Bessemer, Transformation Capital, Floodgate | Active | Strong |
| 78 | Arterys | Cloud medical imaging AI platform | $70M | 3 | May 2020 | $28M | Series C | Benslie Investment Group, Temasek, Fosun | Acquired | Full |
| 79 | QuantHealth | AI simulation for clinical trials | $65M+ | 6 | August 2026 | $45M | Series B | Qumra Capital, Pitango HealthTech, Sanofi Ventures | Active | Strong |
| 80 | Janus AI | AI healthcare revenue cycle automation | $64M | 3 | September 2024 | $10M | Series B Extension | Enhanced Healthcare Partners | Active | Strong |
| 81 | Turbine | AI virtual-cell drug discovery | $62M | 5 | February 2026 | $25M | Series B | Interactive Venture Partners, Beiersdorf, MSD GHI | Active | Strong |
| 82 | Caption Health | AI-guided ultrasound acquisition software | $61M | 3 | July 2020 | $53M | Series B | DCVC, Atlantic Bridge, Edwards Lifesciences | Acquired | Full |
| 83 | Tandem Health | AI clinical documentation copilot | $60M | 2 | June 2025 | $50M | Series A | Kinnevik, Northzone, Amino Collective | Active | Full |
| 84 | DeepScribe | AI medical scribe platform | $59M | 3 | January 2024 | $24M | Series B | Index Ventures, Bee Partners | Active | Strong |
| 85 | Aignostics | AI pathology for precision medicine | $54M | 3 | October 2024 | $34M | Series B | ATHOS, Mayo Clinic, HTGF | Active | Full |
| 86 | Manas AI | AI-native drug discovery company | $51M | 2 | September 2025 | $26M | Seed Extension | The General Partnership, Wisdom Ventures, Mosaic Ventures | Active | Full |
| 87 | SigTuple | AI robotic digital pathology | $50M+ | 7 | August 2024 | $4M | Extended Series C | SIDBI Venture Capital, Endiya Partners | Active | Partial |
| 88 | Zebra Medical Vision | AI medical imaging diagnostics | $50M+ | 4 | July 2020 | Undisclosed | Series D | LG Technology Ventures, TELUS Global Ventures | Acquired | Strong |
| 89 | ClosedLoop | Predictive healthcare AI platform | $48M | 3 | August 2021 | $34M | Series B | Telstra Ventures, Breyer Capital, Greycroft | Active | Strong |
| 90 | Nym | Autonomous medical coding AI | $48M+ | 3 | July 2021 | $25M | Equity Financing | Addition, GV, Tiger Global | Active | Partial |
| 91 | Ezra | AI-powered full-body MRI screening | $43M | 3 | February 2024 | $21M | Venture / Growth | Healthier Capital, FirstMark Capital, Allianz Life Ventures | Active | Strong |
| 92 | Sift Healthcare | AI healthcare payment intelligence | $41M | 7 | May 2024 | $20M | Series B | B Capital, Allos Ventures, First Trust Capital Partners | Active | Partial |
| 93 | Quris-AI | AI predicts human drug safety | $37M | 2 | December 2022 | $9M | Seed Extension | SoftBank Vision Fund 2, GlenRock Capital, iAngels | Active | Full |
| 94 | Empatica | AI medical wearable biomarkers | $33M | 3 | November 2022 | $26M | Series B | RA Capital Management, Sanofi Ventures, Black Opal Ventures | Active | Strong |
| 95 | Frontera Health | AI-powered autism care technology | $32M | 1 | February 2025 | $32M | Seed | Lux Capital, Lightspeed Venture Partners, Menlo Ventures | Active | Full |
| 96 | Kheiron Medical Technologies | AI breast cancer screening | $22M+ | 4 | June 2023 | Undisclosed | Venture Round | Civilization Ventures | Acquired | Low |
| 97 | Iktos | AI and robotics drug discovery | $16M+ | 3 | March 2023 | $16M | Series A | M Ventures, Debiopharm Innovation Fund, Omnes Capital | Active | Partial |
| 98 | Lantern Pharma | AI-guided precision oncology development | $7M | 4 | March 2019 | $3M | Series A Preferred Equity | Bios Partners, GPG Ventures | IPO | Partial |
| 99 | OneThree Biotech | Biology-driven AI drug discovery | $4M | 3 | May 2023 | $1M | Seed / Extension | Umami Capital | Active | Partial |
| 100 | Counterpart Health | AI clinician decision-support software | $0M | 0 | — | Undisclosed | — | Clover Health | Active | Strong |

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, with the ten largest companies capturing roughly 46% of identified capital even though these companies represent only one tenth of the startups in the ranking.
- Drug discovery sits at the capital-intensive end of healthcare AI, with Isomorphic Labs, Xaira Therapeutics, XtalPi, insitro, Chai Discovery and Formation Bio all reaching hundreds of millions or billions in cumulative funding.
- Healthcare AI clinical documentation has become a major funding category, with Abridge, Ambience Healthcare, Suki, Nabla, Tandem Health and DeepScribe collectively attracting more than $1.3B in identified equity capital.
- Abridge has separated from the healthcare AI documentation cohort, with $758M raised compared with $343M for Ambience Healthcare and $160M for Suki, showing how quickly category leadership can concentrate.
- Some AI-native drug developers are reaching enormous funding totals with very few rounds, including Isomorphic Labs at roughly $2.7B across two financings and Xaira Therapeutics at about $1.0B across two rounds.
- Large individual rounds increasingly explain a significant portion of healthcare AI startup capitalization, with Pathos AI's $365M Series D representing about 78% of its identified funding and Chai Discovery's $400M Series C representing about 63%.
- Public healthcare AI companies have access to much deeper pools of capital, with median identified funding of roughly $555M compared with around $152M for active private companies in the higher-quality dataset.
- Healthcare AI medical imaging shows a clear maturity gap, with public company HeartFlow above $1.5B in cumulative funding while many private imaging specialists remain around or below the $150M level.
- Strategic healthcare investors are deeply involved in the market, with Sanofi, Eli Lilly, Bristol Myers Squibb, Kaiser Permanente, Mayo Clinic and major health systems investing alongside traditional venture capital firms.
- Olive AI shows that fundraising scale alone does not remove execution risk in healthcare AI, as the healthcare automation company shut down despite having raised roughly $910M across nine funding rounds.

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 their 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 they are the most reliable source for funding amounts. 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.
Healthcare AI includes several different business models, including AI drug discovery, clinical documentation, medical imaging, diagnostics, healthcare workflow automation, precision medicine and AI-enabled clinical research. We focused on companies where artificial intelligence is an important part of the product or technology platform.
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 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.

This chart, featured in our healthcare AI market deck, looks at Tempus AI’s strategy in healthcare AI
Related blog posts
- Healthcare AI: who are the top startups?
- How strong is fundraising in the healthcare AI market right now?
- Which startups are the most valued in the healthcare AI market?
- All the funding deals in healthcare AI
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