Garner Health raised $118M Series D venture round, led by Kleiner Perkins at a $1.4B post-money valuation.
Garner Health, a New York-based healthcare technology company connecting employers and employees with high-performing medical providers, has successfully raised $118 million in Series D funding, valuing the company at $1.35 billion. This round, led by Kleiner Perkins with participation from existing investors including Redpoint, Maverick, Kaiser Permanente Ventures, Mercy, and Plus Capital, brings their total capital raised to approximately $200 million.
| Investor | Firm Type | Partner |
|---|---|---|
Kleiner PerkinsLEAD | Venture Capital | — |
| Private | — | |
| Venture Capital | — | |
| Venture Capital | — | |
| Venture Capital | — |
This company has completed 3 funding rounds. Current round is highlighted.
Total Raised
$176M
Top Valuation
$1.4B
Garner Health is a healthcare technology company based in New York, New York, that connects employers and employees with high-performing medical providers using data analytics and artificial intelligence.
Garner Health successfully raised $118 million in its Series D funding round.
The Series D funding round for Garner Health was led by Kleiner Perkins.
Garner Health plans to use the new capital to expand its doctor ranking platform, scale its AI-driven navigation and appointment booking capabilities, and grow its team.
Garner Health secured $118 million in Series D funding, spearheaded by Kleiner Perkins. This substantial investment saw continued participation from key existing investors such as Redpoint, Maverick, Kaiser Permanente Ventures, Mercy, and Plus Capital, underscoring strong confidence in Garner Health's market position and future growth.
The newly acquired capital will be strategically deployed to significantly expand Garner Health's doctor ranking platform. A core focus will be scaling its AI-driven navigation and appointment booking capabilities, enhancing the user experience and increasing efficiency in healthcare provider selection. Additionally, a portion of the funds will be allocated to team expansion, supporting the company's rapid growth and innovation initiatives.
Garner Health's platform leverages advanced data analytics and artificial intelligence to empower employers and employees in identifying high-quality, cost-effective healthcare providers. The company currently serves an impressive 700 organizations, impacting the healthcare decisions of 2.5 million members. This market penetration is further highlighted by a reported 130% year-over-year revenue growth, demonstrating robust performance and a clear demand for their services.