Total amount raised
$200M
Latest funding date
2026-02-10
Location
Garner Health has successfully raised funds across five distinct funding rounds, with the most recent being a Series D round led by Kleiner Perkins in February 2026. The platform leverages a vast database of medical claims data to evaluate healthcare providers, ensuring better patient outcomes and cost savings for employers.
What Is Garner Health?
Garner Health, based in New York, is a technology-driven platform that leverages extensive healthcare data to provide insights and analytics for better healthcare decision-making. The company operates in multiple industries, including Big Data, Business Intelligence, Employee Benefits, Health Care, and Medical.
Founded as a private entity, Garner Health has grown to employ between 101 and 250 people. The platform offers solutions for individuals, families, employers, advisors, and healthcare providers, helping them find the best healthcare providers, reduce medical costs, and improve value-based care.
How Much Funding Has Garner Health Raised?
- Seed Round
- Amount Raised: USD 4,500,000
- Date: 2020
- Lead Investors: Thrive Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial platform and validate the business model.
- Series A
- Amount Raised: USD 12,500,000
- Date: February 2021
- Lead Investors: Founders Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform's capabilities and grow the customer base.
- Series B
- Amount Raised: USD 45,000,000
- Date: December 2021
- Lead Investors: Redpoint Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the client base, enhance data science capabilities, and roll out new services.
- Strategic Investment (Optum Ventures)
- Amount Raised: Undisclosed
- Date: October 2023
- Lead Investors: Optum Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To deepen strategic partnership with Optum and expand access to employer health plans.
- Series D
- Amount Raised: USD 118,000,000
- Date: February 10, 2026
- Lead Investors: Kleiner Perkins
- Valuation at Round: USD 1,350,000,000
- Motivation Behind the Round: To scale the proprietary provider-ranking engine and incentive platform, close the healthcare quality and cost gap, and expand the company's client base nationally.
Total Amount Raised: Approximately USD 200,000,000 across all disclosed rounds. Current Valuation: USD 1,350,000,000 (as of February 2026).
Key Investors
- Kleiner Perkins
- Details: Kleiner Perkins is a leading venture capital firm that has backed many of the world's most innovative companies. Josh Coyne at Kleiner Perkins led the Series D investment in Garner Health.
- Investment Focus Areas: Technology, healthcare, consumer, enterprise software.
- Notable Investments: Amazon, Google, Genentech, Instacart.
- Redpoint Ventures
- Details: Redpoint Ventures is a venture capital firm that invests in seed, early, and growth-stage companies. They led Garner Health's Series B round and participated in the Series D.
- Investment Focus Areas: Technology, consumer internet, enterprise software, healthcare.
- Notable Investments: Stripe, Netflix, Twilio, Snowflake.
- Founders Fund
- Details: Founders Fund is a San Francisco-based venture capital firm known for investing in companies building revolutionary technologies. They led Garner Health's Series A round.
- Investment Focus Areas: Aerospace, artificial intelligence, advanced computing, energy, health, consumer internet.
- Notable Investments: SpaceX, Palantir Technologies, Facebook, Airbnb.
- Thrive Capital
- Details: Thrive Capital is a venture capital firm that focuses on internet and software investments. They led Garner Health's Seed round and participated in the Series A.
- Investment Focus Areas: Internet, software, consumer, enterprise.
- Notable Investments: Instagram, GitHub, Slack, Robinhood.
- Optum Ventures
- Details: Optum Ventures is the venture capital arm of Optum, focusing on health services and technology investments. They made a strategic investment in Garner Health in October 2023.
- Investment Focus Areas: Health services, technology, data analytics, digital health.
- Notable Investments: Buoy Health, Mindstrong Health, RubiconMD, DispatchHealth.
What's Next for Garner Health?
Garner Health stands at the cusp of significant growth opportunities. With a proven ability to save employers substantial healthcare costs, the company is poised to expand its client base, particularly among small to mid-size companies. The potential to enter the direct-to-provider space with its referral product further amplifies its market reach.
Future fundraising efforts are likely as Garner Health continues to scale. The company's success in improving health outcomes and reducing costs makes it an attractive candidate for additional investment. However, challenges such as maintaining data accuracy and convincing employers to adopt its innovative solutions remain.
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