Healthcare AI Startups Raise Over $23M

The latest $15M Series A funding for Los Angeles-based Third Way Health was led by Health Velocity Capital, bringing the company's total funding to $22.5M. The company utilizes a hybrid human-AI model to tackle front-office complexity, embedding dedicated teams equipped with its AI platform, "Ascend," directly into a client's workflows. Third Way Health's approach has demonstrated measurable results for practices that serve over 5 million patients annually. Clients have reported reducing front-office administrative costs by up to 40%, cutting patient phone wait times by half, and increasing patient visits by an average of 11%. Nashville-based UnityAI, founded by former HCA Healthcare data scientists and engineers, describes its platform as an "agentic AI workforce." It uses autonomous software agents and reinforcement learning to directly manage operational tasks like patient scheduling, referral coordination, and optimizing staff shifts without direct human oversight. The $8.5M Series A round for UnityAI was led by Third Prime and included participation from existing investors like Whistler Capital Partners and Max Ventures. This new capital brings the startup's total funds raised to $15 million since its founding. These funding rounds reflect a larger trend in a rapidly growing market. The global AI in healthcare market was valued at over $39 billion in 2025 and is projected to exceed $1 trillion by 2034, demonstrating a compound annual growth rate of over 43%. Investor focus is increasingly on administrative AI, which attracted 60% of all healthcare AI investment in 2024. Startups are capturing the majority of this spending, with one report finding that 85% of all generative AI expenditure in healthcare flows to startups rather than incumbent, legacy vendors.