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

Last updated: 7 September 2026

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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
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-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
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, 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.
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 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.

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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