Check out today’s featured companies who have recently raised a round of funding, and be sure to check out the full list of past healthcare IT fundings.
Third Way Health Raises $15M to Expand AI-Powered Healthcare Front-Office Operations
The New Funding from Health Velocity Capital Will Accelerate Commercial Expansion, Operational Scale, and Advance AI Capabilities
Third Way Health, Inc. (TWH), a leading AI-enabled services partner for healthcare organizations, announced today that it has raised an oversubscribed $15 million in Series A funding by Health Velocity Capital, with partner Kristin Torres Mowat leading the round. With this additional capital, the company’s total funding now sits at $22.5 million, supporting continued product investment and operational scale.
Today’s healthcare practices are overwhelmed by unprecedented administrative complexity, driven by outdated technology and fragmented processes. The result is widespread staff burnout and subsequent turnover, delayed patient care, and mounting financial pressure for providers and health systems.
Third Way Health addresses these challenges with a hybrid human and AI operating solution for healthcare practices, currently supporting practices that collectively serve more than 5 million patients each year. The company provides comprehensive front office services, from scheduling to prior authorization, through a white-glove implementation model that transforms operations in as little as 12 weeks. Fully dedicated teams are embedded in clients’ workflows, creating seamless, scalable operational support. To date, Third Way Health has helped clients reduce front-office administrative costs by up to 40 percent, increase patient visits by 11 percent on average, and cut phone wait times in half.
“No patient should have to wait on the phone when they need care,” says Third Way Health Co-Founder and Chief Operating Officer, Timm Schneider. “Automation, including AI, can make a real difference in facilitating those interactions, but our clients choose our solution not just for the sake of having better technology, but because we are helping them improve outcomes, including the patient experience and top-line growth. This funding will give us the resources to scale what we know already works and expand our reach.”
Third Way Health will use the funding to accelerate customer growth, expand its operational footprint, and further advance its automation roadmap. The company plans to invest in scaling its sales and implementation teams, deepening its AI capabilities, and enhancing its platform to support a growing base of customers.
“Healthcare providers are under significant administrative and financial pressure, and front-office operations are often a source of friction for both patients and clinicians. While AI will play an important role in improving these workflows, it is not a standalone solution,” said Kristin Torres Mowat, Partner at Health Velocity Capital…
Full release here, originally announced February 26th, 2026.
Salma Health Launches Integrated Brain Health Center of Excellence, Ushering in a New Era for Comprehensive Brain Care, Technology, and Research
Company Emerges from Stealth with $80M in Funding to Transform Fragmented Brain Healthcare System through Next-Generation Clinics, Offering Access to Rapid-Acting Personalized Treatment
Salma Health today announced its official launch as the next-generation brain health company that integrates advanced diagnostics, rapid-acting interventions, and continuous care coordination under one roof. The $80M Series A funding was co-led by Mubadala Capital and ARCH Venture Partners with participation from Lingotto Horizon, as well as others, including Averin Capital. With this financing, Salma Health is positioned to build and operate centers of excellence designed to fundamentally reshape how brain conditions are diagnosed, treated, and studied.
More than one-third of Americans experience a brain health condition each year. Yet care remains fragmented, siloed, and slow, especially for patients whose needs span psychiatry, neurology, psychology, and crisis care. Salma Health directly addresses this gap through an integrated, technology-enabled model built around three pillars:
- Specially Equipped Clinics providing in-person healthcare services augmented by telehealth solutions; these clinics deliver advanced therapeutics, intensive care programs, crisis mitigation, and patient support across a full spectrum of psychiatric and neurological services for all levels of acuity with rapid access and coverage across a broad range of payors, all under one roof
- Clinical Research Capabilities conducting clinical trials to support pharmaceutical and medical device companies, expanding the therapeutic options for patients
- A Proprietary AI-Driven Technology Platform that brings together clinical knowledge, operational coordination, clinical data, and the latest advances in generative AI to power the development of Brain Health OS, an intelligent operating system that unlocks clinical insights, enhances decision support, and streamlines care coordination
Salma Health’s integrated model connects front-line clinical care with world-class scientific research to deliver breakthrough therapies for individuals living with psychiatric and psychological conditions, memory and dementia disorders, headache and migraines, and brain injuries. It also lays the groundwork for a deeper understanding of the brain, advancing the field toward precision brain health and driving better, more lasting outcomes.
“Brain health conditions are deeply complex, yet for decades we’ve just treated them with trial and error,” said Alaa Halawa, CEO at Salma Health and Head of Healthcare at Mubadala Capital…
Full release here, originally announced February 26th, 2026.
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