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.
Qualified Health Raises $125M Series B to Meet Growing Demand for Enterprise AI Transformation Across Health Systems
Leading Health Systems, Including Mercy, Emory Healthcare, University of Rochester Medicine, Jefferson Health, and the University of Texas System, are Partnering with Qualified Health to Deploy and Scale AI Safely Across the Enterprise
Qualified Health, a public benefit corporation providing a secure enterprise AI platform built for health systems, today announced a $125 million Series B financing round led by global venture capital firm, New Enterprise Associates, Inc. (NEA), with participation from new investors Transformation Capital, GreatPoint Ventures, Cathay Innovation, and Menlo Ventures’ Anthology Fund, an AI innovation fund created in partnership with Anthropic. Existing investors SignalFire, Frist Cressey Ventures, Flare Capital Partners, Healthier Capital, Town Hall Ventures, and Intermountain Ventures also participated.
Qualified Health’s financing reflects growing demand from health systems seeking a platform partner capable of deploying and scaling AI safely across the entire organization, rather than through isolated pilots.
“We are living through a generational shift, one where AI doesn’t just augment how organizations work but fundamentally transforms them from the inside out,” said Mohamad Makhzoumi, Co-CEO at NEA, who will join Qualified Health’s Board of Directors in conjunction with the financing. “From NEA’s nearly five decades of company-building experience, we believe the organizations shaping the next era of healthcare innovation will be those helping health systems reimagine every administrative and clinical workflow from the ground up, and Qualified Health is exactly that company. We are thrilled to lead this financing and to partner with Justin and team to accelerate healthcare’s AI transformation and shape the future of healthcare enterprises across the country.”
“Health systems today are operating under extraordinary pressure, from rising labor costs to tightening reimbursement, while managing increasing complexity in patient care,” said Jared Kesselheim, MD, Managing Partner at Transformation Capital. “What stood out to us about Qualified Health is that the team approaches this work as medical care specialists, with a deep understanding of the realities health systems face every day…
Full release here, originally announced March 25th, 2026.
Avo Raises $10 Million Series A to be the Clinical AI Platform Powered by Trusted Knowledge
Avo, the clinical AI platform that transforms Electronic Health Records into intelligent systems of action, today announced a $10M Series A financing round led by Noro-Moseley Partners, with participation from existing investors AlleyCorp, Las Olas Venture Capital, MedMountain Ventures, Epsilon Health, and new investor Scrub Capital.
This new capital will accelerate Avo’s path to becoming the leading AI platform for healthcare enterprises looking to drive their most pressing initiatives at the point of care.
Today, clinicians must navigate across dozens of tabs, applications, and datasets to deliver high-quality care. This includes reading through rapidly evolving information like hospital protocols, medical guidelines, and payer policies – much of which lives outside of the EHR. Avo serves as a central hub for clinicians, instantly synthesizing relevant patient data, proposing diagnoses and care plans, assisting with orders and documentation, and surfacing evidence-based guidance. With Avo’s copilots such as Chart Assist and Ask Avo, its AI Consult tool, clinicians are supported across entire workflows like admission, discharge, and rounding, freeing them from point solution fatigue.
“Avo was founded to solve the problems we faced as clinicians trying to care for patients,” said Dr. Yair Saperstein, Co-Founder and CEO at Avo. “To truly save clinicians time with AI and do it in a way that health systems trust, we needed to build a flexible platform grounded in dependable evidence, comprehensive patient data, and tailored to the unique goals of our health system partners.”
Founded at the height of the COVID-19 pandemic, Avo began as a no-code clinical application builder designed to help health systems operationalize their guidelines in the EHR…
Full release here, originally announced March 31st, 2026.
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