Assort Health raises $120 million at a $1.2 billion valuation
Summary
Assort Health has raised $120 million in Series C funding at a $1.2 billion valuation. Menlo Ventures led the round, with participation from Lightspeed Venture Partners, Felicis, First Round Capital, Chemistry, Joe Montana, Tau Ventures, and Quiet Capital. The company builds AI agents that automate patient communication and administrative workflows for healthcare organizations. Its platform handles calls, SMS, web interactions, scheduling, triage, insurance checks, referrals, documentation, prescription renewals, and other operational tasks while syncing data into EHR systems. Assort Health says it will use the new capital to scale its AI-powered patient access platform and expand its healthcare provider operations.
Funding
Amount
$76.0M
Total raised
Date
June 26, 2026
Announcement date
Investors
Felicis Ventures, Lightspeed China, Menlo Ventures, First Round Capital
Lead investors
Company
assorthealth.com
Funded company
Classifications
industries
HealthTech
applications
Customer Service & Support
AI Classifications
Labels
Healthcare AI
SaaS
Patient Engagement Software
Linked Companies
Assort Health
$1M to $5M