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.
xCures Closes $46 Million Series B Financing to Transform Fragmented Medical Records into Decision-Ready Data Through Its Clinical Clarity Engine
New Capital Brings Total Funding to More Than $76 Million and Will Fuel Continued Expansion of the Company’s Platform for Turning Fragmented Medical Records into Decision-Ready Clinical Data
xCures, a pioneering healthcare data company focused on improving healthcare outcomes, today announced the close of a $46 million Series B financing round led by Innovius Capital, with participation from iGrow, GKCC, Spring Mountain Capital, and existing investors. The new capital brings xCures’ total funding to more than $76 million and will support the continued expansion of the clinical clarity layer to turn fragmented medical records into decision-ready clinical data.
Patient information is scattered across thousands of labs, hospitals, imaging centers, and EMRs, often arriving as unstructured documents that are difficult to use in clinical workflows. The xCures Clinical Clarity Engine brings together three integrated capabilities: decision-ready checklists built from automated patient histories and backed by evidence-grade data. It creates the clarity that providers, value-based care, diagnostics labs, and consumer health organizations have long needed.
To date, xCures has processed over 300 million medical records sourced from more than 550,000 healthcare locations nationwide, supporting clinical decisions for millions of patients across the U.S.
“Healthcare has spent decades generating enormous amounts of patient data without a reliable way to make that information usable. We’re changing that,” said Mika Newton, CEO at xCures. “This financing allows us to accelerate product development, expand our team, and help more organizations turn fragmented records into information they can actually act on.”
Stu Posluns, Partner at Innovius, added, “The promise of AI in healthcare depends on having accurate, complete, and trustworthy clinical data. xCures has built by far the most compelling platform we’ve seen for turning fragmented medical records into actionable clinical intelligence…
Full release here, originally announced June 24th, 2026.
Cadence Raises $100M Series C Led by Spark Capital to Automate Chronic Care
This New Investment Will Help Scale AI Agents to Meet the Needs of Over 56 Million Older Adults with Chronic Disease Amid a Deepening Clinician Shortage
Cadence, the clinical AI company managing chronic care for older adults, announced a $100 million Series C, amid adoption of its AI-powered care model across the nation’s leading health systems.
The Series C was led by Spark Capital. Thrive Capital, General Catalyst, Coatue, B Capital, Corewell Health Ventures, Memorial Hermann, and Duke Health participated in the round.
Today, Cadence also announced new affiliations with Duke Health, a world-class academic health care system serving patients across North Carolina, and Texas Health Resources, the nonprofit health system that cares for more patients in North Texas than any other. Now working alongside over 20 leading health systems, Cadence treats more than 100,000 active patients, has demonstrated significant clinical improvements in peer-reviewed literature, and saves Medicare roughly $2.7 million every week. The company tripled annual recurring revenue in 2025.
“We believe the most consequential AI companies of the next decade will be built in categories where the technology changes the underlying mechanics of the business. Cadence has done the hardest work first – demonstrating clinical outcomes, building trust with the country’s leading health systems, and proving out the safe and effective deployment of AI inside care delivery,” said Will Reed, Partner at Spark Capital and new Cadence Board Member. “There is no other AI care platform in the country with this combination of scale, peer-reviewed clinical outcomes, and economic proof.”
“At Duke Health, our mission is to advance the health of our patients and the communities we serve. The moments that matter most for a patient’s health often happen at home, not in the clinic,” said Jeffrey Ferranti, MD, MS, Senior Vice President and Chief Digital Officer at Duke Health…
Full release here, originally announced June 23rd, 2026.
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