Introduction to Health Tech Funding
The digital health industry continues to attract substantial venture capital investment as innovative companies reshape healthcare delivery. At Fierce Healthcare, our comprehensive fundraising tracker monitors the flow of capital into health tech and digital health sectors, providing updated coverage of noteworthy funding rounds while profiling exciting new companies and significant investments.
This October roundup showcases over $400 million in combined funding across multiple healthcare sectors, demonstrating investor confidence in technology-driven healthcare solutions. From medical imaging platforms to AI-powered nursing assistants, these investments reflect the industry’s commitment to solving critical healthcare challenges.
Major Funding Rounds
OneImaging Revolutionizes Medical Imaging Access
OneImaging secured $38 million in combined seed and Series A funding, led by Vy Capital with participation from Aquiline, Sempervirens Venture Capital, and notable investors including Dylan Field and Balaji Srinivasan.
The platform addresses a critical pain point: while medical imaging ranks as the second most-utilized healthcare service after prescription drugs, radiology services remain prohibitively expensive and difficult to access. OneImaging’s solution connects patients to a nationwide network of accredited imaging centers, seamlessly managing scheduling, insurance approvals, pricing transparency, and results delivery.
CEO and founder Elan Adler, leveraging a decade of radiology experience from roles at Siemens Healthineers and The Cleveland Clinic, envisions making medical imaging as simple as booking an Airbnb. The company delivers 80% cost savings while maintaining high-quality care standards.
Growth metrics are impressive: OneImaging has scaled 50x in under three years, partnered with multiple Fortune 100 customers, and brought affordable imaging to two million people through employer and health plan partnerships.
Marble Expands Youth Mental Health Infrastructure
Youth mental health platform Marble raised $15.5 million in Series A funding from Costanoa, Town Hall Ventures, and Khosla Ventures. Founded by Jake Sussman and Dan Ross, former Headway co-founders, Marble builds infrastructure connecting students to affordable, high-quality therapy through schools.
Since launching in New York, Marble has facilitated over 15,000 therapy sessions for children and families who otherwise lack access to care. The platform partners directly with schools to identify students in need and connect them with licensed therapists, working with both Medicaid and commercial payers.
WellTheory Tackles Autoimmune Disease Management
WellTheory’s whole-person care platform for autoimmune disease secured $14 million in Series A funding led by General Catalyst, bringing total capital to $26.2 million.
CEO Ellen Rudolph created WellTheory after experiencing autoimmune symptoms—fatigue, brain fog, tremors—while working at Oscar Health. The platform has achieved remarkable growth: 10x year-over-year member growth and 5x revenue growth, validating the massive unmet need in autoimmune care.
The company recently launched its AI-powered platform featuring proprietary tools Care Hub and Care Scribe, now deployed across all care operations.
AI-Powered Healthcare Solutions
OutcomesAI Multiplies Nursing Capacity
Former Biofourmis CEO Kuldeep Singh Rajput launched OutcomesAI, an AI-enabled nursing platform that raised $10 million in seed financing led by Santé Ventures.
The platform addresses a critical workforce crisis: nurses spend only one-third of their time on direct patient care, with nearly half considering leaving the profession. By 2030, healthcare faces a projected global shortage of 13 million nurses.
OutcomesAI’s proprietary AI engine, Glia, automates routine patient interactions including triage, follow-ups, and post-acute care coordination. This hybrid model increases nursing capacity 3-5x, reduces costs up to 50%, and improves patient response times.
Eight Sleep Raises $100M for AI Sleep Technology
Eight Sleep, a sleep fitness company, secured $100 million in funding backed by HSG, Valor Equity Partners, and Founders Fund, with participation from Formula 1 personalities.
The company’s “pods” use hydronic technology to control bed temperature, track sleep metrics, and address snoring through gentle elevation. Eight Sleep has surpassed $500 million in pod sales and analyzed over 1 billion hours of sleep data.
The funding will develop a sleep agent using large language models applied to human physiology, creating digital twins that predict outcomes and optimize sleep variables. The company is also pursuing FDA approval for applications addressing menopausal sleep and sleep apnea.
Provider Network Platforms
Twin Health Scales Metabolic Health Solutions
Twin Health raised $53 million led by Maj Invest to accelerate expansion among health plans and Fortune 500 clients. The platform creates AI-powered digital twins based on thousands of daily data points across biomarkers, behaviors, and preferences.
A recent study in The New England Journal of Medicine Catalyst validated Twin Health’s AI digital twin as highly effective for diabetes treatment and weight loss without expensive medications.
Medallion Launches National Credentialing Clearinghouse
Medallion’s AI-powered provider network platform secured $43 million led by Acrew Capital, bringing total funding to $130 million. The company supports approximately 1 million providers—10% of the U.S. healthcare workforce.
CredAlliance, Medallion’s shared credentialing infrastructure, eliminates duplicative processes costing the healthcare system an estimated $1.2 billion annually by verifying providers once and syndicating results across participating payer networks.
Behavioral Health and Patient Advocacy
Wellth Expands Digital Behavior Change Services
Wellth raised $36 million in Series C financing led by Mercato Partners. The platform uses financial incentives and behavioral economics to improve medication adherence and healthy behaviors in chronic disease populations.
The company plans to introduce generative AI capabilities that personalize motivation at the individual level, delivering social media-like daily engagement with historically hard-to-reach populations.
Citizen Health Builds AI Patient Advocate
Citizen Health secured $30 million in Series A funding led by 8VC to develop its AI Advocate platform. Since relaunching in 2023, the company has built over 60 communities across 123 rare and complex conditions, partnering with more than 70 patient advocacy groups and 10 pharmaceutical companies.
Emerging Healthcare Technologies
Pear Suite Empowers Community Health Workers
Pear Suite’s EHR and care navigation platform for community health workers raised $7.6 million in Series A funding led by Rock Health Capital. The platform now supports over 300 provider organizations, 2,500 community health workers, and partners with more than 25 health plans.
Additional Notable Investments
- August Health: $29 million Series B for senior living EHR platform
- Eyebot: $20 million Series A for accessible vision testing kiosks
- Develop Health: $14.3 million Series A for prior authorization automation
- Cascala Health: $8.6 million seed round for post-acute care intelligence
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