Conduit Health raises $17M
Conduit Health has raised $17 million to scale an AI platform that manages insurance‑covered medical supplies, aiming to expand its product and commercial footprint. The funding is presented as growth capital to accelerate deployment with payers and providers. (x.com)
Conduit Health has raised a $17 million Series A to expand a platform that helps Medicare and Medicaid patients get insurance-covered medical supplies. (prnewswire.com) The New York company announced the round on March 17, 2026, and said Drive Capital led the financing. Existing backers including XYZ Ventures, Twelve Below and Eniac Ventures also participated, bringing Conduit’s total funding to $22 million. (prnewswire.com) Conduit says it combines telehealth visits, prescription collection, insurance authorization and product delivery in one workflow for home-based patients. On its website, the company says it serves patients needing items such as incontinence, mobility and home-safety supplies, with current operations focused on New York State. (conduithealth.com, conduithealth.com) A large part of the problem is paperwork. Conduit says its CareOS system was trained on more than 50,000 patient interactions and is used to predict coverage and automate payer workflows so approvals move faster. (prnewswire.com) The company is selling into a corner of healthcare known as durable medical equipment, the category that covers recurring home-use items and equipment paid for through insurers and public programs. Conduit says partner organizations can send patients to it for eligibility checks, documentation, delivery and resupply. (conduithealth.com, conduithealth.com) Conduit launched in late 2024, according to the company, and says it saw more patients in February 2026 than in the entire first half of 2025. Its founders, Natan Wise and Rocky Seftel, describe the business as a single platform connecting clinical care, fulfillment and insurance navigation. (prnewswire.com, conduithealth.com) The pitch lands as more healthcare startups try to use automation to handle prior authorization and other insurer rules that slow orders and delay care. HomeCare magazine said the new round is meant to expand Conduit’s vertically integrated model, while HME Business described the target market as insurance-covered home medical equipment. (homecaremag.com, hme-business.com) For Conduit, the next step is scale. The company says the new capital will fund product development, hiring and broader deployment with payers, providers and health plans as it tries to turn a fragmented supply process into a single service. (prnewswire.com)
