Parakeet Health Raises $10 Million Series A Following 10x Growth and Rapid Enterprise Adoption
Summary
Parakeet Health raised $10 million in Series A funding led by Canvas Ventures, bringing total funding to $13 million. The company says the round will help it expand its AI platform for patient access, scheduling, outreach, fax processing, and follow-up workflows. Parakeet claims strong traction with large dermatology groups and other specialty and outpatient practices, and it says the platform integrates with existing EHR and practice-management systems. The company will use the new capital to grow its product, team, and enterprise healthcare footprint.
Funding
Amount
$10.0M
Total raised
Date
October 1, 2026
Announcement date
Investors
HMC INQ
Lead investors
Company
parakeethealth.com
Funded company
AskAI Classifications
Sectors
HealthTech
General Healthcare software
Practice Management
Functions
Developer and IT Infrastructure
Human Resources
Workflow Orchestration
Linked Companies
Parakeet Health
up to $1M