How Much Did K Health Raise? Funding & Key Investors

What Is K Health?

K Health, founded in 2016, is a digital healthcare company based in New York, New York. The company leverages AI to provide personalized primary care services through its app.

The founders of K Health include Adam Singolda, Allon Bloch, Israel Roth, and Ran Shaul. Their innovative approach integrates data to create predictive models, helping users manage their health effectively.

With a team of 251-500 employees, K Health continues to expand its reach, offering 24/7 access to high-quality medical care and partnering with various health systems and insurance providers.

How Much Funding Has K Health Raised?

1. Seed Round
   • Amount Raised: $3.3M
   • Date: November 2016
   • Lead Investors: Mangrove Capital Partners
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To develop the initial AI-driven primary care platform.
2. Seed Round
   • Amount Raised: $3.2M
   • Date: June 2017
   • Lead Investors: Mangrove Capital Partners
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To continue platform development and early market entry.
3. Series A
   • Amount Raised: $5.8M
   • Date: January 2018
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand the team and enhance AI capabilities.
4. Series B
   • Amount Raised: $25M
   • Date: December 2018
   • Lead Investors: 14W, Comcast Ventures, Mangrove Capital Partners
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale operations and increase market presence.
5. Venture Round
   • Amount Raised: $12M
   • Date: July 2019
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To further develop the AI platform and expand user base.
6. Series C
   • Amount Raised: $48M
   • Date: February 2020
   • Lead Investors: 14W, Mangrove Capital Partners
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To enhance AI technology and expand partnerships.
7. Series D
   • Amount Raised: $42M
   • Date: November 2020
   • Lead Investors: Valor Equity Partners
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale the platform and improve AI-driven services.
8. Series E
   • Amount Raised: $132M
   • Date: January 2021
   • Lead Investors: Notable Capital, PICO Venture Partners, Valor Equity Partners
   • Valuation at Round: $1.4 billion
   • Motivation Behind the Round: To expand AI capabilities and increase market penetration.
9. Venture Round
   • Amount Raised: $59M
   • Date: July 2023
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To further develop AI technology and expand user base.
10. Venture Round
    • Amount Raised: $88.4M
    • Date: July 2024
    • Lead Investors: Claure Group
    • Valuation at Round: $900 million
    • Motivation Behind the Round: To expand AI-driven primary care services and enhance platform capabilities.

Total Amount Raised: $419.7M. Current Valuation: $900 million.

Key Investors

• Claure Group
  • Details: Claure Group is a private investment firm founded by Marcelo Claure, a prominent entrepreneur and investor. The firm is known for its strategic investments in high-growth sectors.
  • Investment Focus Areas: Technology, telecommunications, high-growth sectors.
  • Notable Investments: WeWork, Brightstar, T-Mobile.
• Notable Capital
  • Details: Notable Capital is a venture capital firm that focuses on early-stage technology companies. The firm aims to support innovative startups with high growth potential.
  • Investment Focus Areas: Early-stage technology companies.
  • Notable Investments: Information not provided.
• PICO Venture Partners
  • Details: PICO Venture Partners is an early-stage venture capital firm that invests in technology and innovation-driven companies. The firm supports startups with the potential to disrupt their industries.
  • Investment Focus Areas: Technology, innovation-driven companies.
  • Notable Investments: Information not provided.
• Valor Equity Partners
  • Details: Valor Equity Partners is a private equity firm that invests in high-growth companies across various sectors. The firm is known for its strategic growth investments.
  • Investment Focus Areas: Technology, consumer, industrial sectors.
  • Notable Investments: Tesla, SpaceX, GoPuff.
• 14W
  • Details: 14W is a venture capital firm that focuses on consumer technology companies. The firm supports startups that aim to revolutionize consumer experiences.
  • Investment Focus Areas: Consumer technology companies.
  • Notable Investments: Glossier, Goop.

What's Next for K Health?

As K Health continues to innovate, the opportunities for growth are substantial. The U.S. healthcare market, with over a billion primary care visits annually, presents a vast landscape for K Health's AI-driven platform. By expanding partnerships with leading health systems and insurers, and enhancing their AI predictive models, K Health can significantly increase its market penetration and improve patient outcomes.

Future fundraising efforts are likely to be bolstered by the company's demonstrated growth and the strong backing from prominent investors. Additional equity rounds and strategic partnerships could provide the necessary capital to scale their technology and expand their reach. However, K Health will need to navigate challenges such as competition from other AI healthcare platforms, regulatory hurdles, and the integration of their technology with existing healthcare systems.

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