4 Notable Health Tech Funding Announcements in August
Summary
This roundup highlights four major health tech funding announcements in August. Cityblock raised $116 million in Series E funding and used part of the capital to support its acquisition of Homeward Health. Happy Health secured $75 million to validate its smart ring technology and expand beyond sleep. Flagler Health raised $50 million to scale its AI-native musculoskeletal care operating system, while Network Bio launched with $50 million to expand its AI-driven life science platform.
Funding
Amount
$116.0M
Total raised
Date
August 31, 2026
Announcement date
Investors
Bessemer Venture Partners, SignalFire, Section 32, Tribeca Venture Partners, Streamlined Ventures, ARCH Venture Partners, Founders Fund, Breyer Capital
Lead investors
Company
cityblock.com
Funded company
AskAI Classifications
Sectors
HealthTech
General Healthcare software
Revenue Cycle Management (RCM)
Functions
Developer and IT Infrastructure
Workflow Orchestration
Linked Companies
Flagler Health
$1M to $5M