Elation Health is a technology company.
Elation Health has raised $65.0M across 2 funding rounds.
Elation Health has raised $65.0M in total across 2 funding rounds.
Elation Health is a San Francisco-based technology company that develops a cloud-based, clinical-first EHR (electronic health record) and billing platform purpose-built for primary care practices.[4][5][6][7] It serves independent primary care clinicians and practices nationwide, from startups to scaled networks across subspecialties like preventive care, chronic disease management, reproductive health, and elder care, enabling them to deliver patient-centered, value-based care while streamlining workflows, reducing administrative burden, and integrating billing and patient data.[2][6][7] The platform solves key pain points in healthcare delivery by fostering longitudinal care coordination, connecting over 21 million patients to more than 40,000 clinicians via a provider network, and embedding AI tools like ambient scribes to minimize documentation time and enhance provider-patient relationships.[3][5][6]
With $106.5M raised through Series D funding (last round $50M three years ago), Elation demonstrates strong growth momentum, evolving from ElationEMR (rebranded in 2016) into an AI-powered ecosystem recognized as Best in KLAS for primary care technology.[3][4][6]
Elation Health was founded in 2010 by siblings Kyna Fong (CEO, former Stanford health economics professor) and Conan Fong (Chief Experience Officer, former healthcare consultant), inspired directly by their father’s primary care practice.[3][4][5] Frustrated with existing EHRs that hindered patient care, they built technology clinicians would actually use—starting with an EHR for their family practice—to enable high-quality, collaborative care beyond office walls.[3][5]
Early traction came from focusing on independent physicians in value-based care environments, rebranding from ElationEMR to Elation Health in 2016 to reflect its broader platform vision, including a provider network for real-time collaboration.[3] Pivotal moments include serving over 32,000 clinicians initially and scaling to 40,000 users caring for 21 million patients, with recent AI expansions accelerating its mission.[5][6]
Elation rides the shift toward value-based care and AI-driven healthcare transformation, where payers reward outcomes over volume, amid rising administrative burdens on primary care (the foundation of U.S. healthcare).[1][3][6] Timing aligns with post-pandemic demands for telehealth, interoperability, and clinician burnout solutions—market forces like alternative payment models and AI adoption favor platforms enabling coordinated, patient-centric care outside silos.[2][4][6]
By powering independent practices (threatened by consolidation), Elation influences the ecosystem through its network effects, fostering innovation in primary care tech and competing with rivals like Canvas Medical and Azalea Health via superior clinical focus and AI integration.[4] This strengthens the backbone of healthcare, promoting sustainable models amid a clinician shortage.
Elation is poised to dominate primary care tech with its AI expansions, potentially capturing more market share as regulations mandate interoperability and value-based mandates intensify.[6] Trends like generative AI for clinical decisioning, expanded telehealth, and payer shifts will propel growth, evolving Elation from EHR provider to comprehensive health ecosystem hub. Its influence may grow by empowering independents against big systems, tying back to its origins: technology that restores the physician-patient bond at scale.[1][5]
Elation Health has raised $65.0M in total across 2 funding rounds.
Elation Health's investors include .406 Ventures, Ascension Ventures, Avalon Ventures, Healthy Ventures, Charlie Cheever, Adeyemi Ajao, Emergence Capital, EQT Ventures, GSV Acceleration, Lightspeed Venture Partners, NextView Ventures, Jeff Richards.
Elation Health has raised $65.0M across 2 funding rounds. Most recently, it raised $50.0M Series D in July 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2022 | $50.0M Series D | .406 Ventures, Ascension Ventures, Avalon Ventures, Healthy Ventures, Charlie Cheever | |
| Aug 1, 2016 | $15.0M Series B | Adeyemi Ajao, Emergence Capital, EQT Ventures, GSV Acceleration, Lightspeed Venture Partners, NextView Ventures, Jeff Richards, Spark Capital, True Ventures, Uncork Capital, Eric Feng, Matt Mazzeo, Megan Quinn |