HealthLeap raises $38M
HealthLeap, a startup building an AI platform that reads patient records to identify hospital patients at risk of undiagnosed illnesses, has raised $38 million in seed and Series A funding. The financing includes an $8 million seed round co-led by Sequoia Capital and First Round Capital, and a $30 million Series A led by Hummingbird Ventures.
The company said the round also includes participation from other investors, though it did not disclose further details. HealthLeap is using its software to surface patients who may need a closer look rather than to diagnose them.
HealthLeap was founded in South Africa in 2022 by siblings Jemima and Josiah Meyer. The company initially offered a clinical nutrition tool built for dietitians before pivoting to a broader platform designed to help hospitals identify patients who may be suffering from conditions such as malnutrition or delirium that are often not detected early enough.
The startup plugs into a hospital’s electronic health record system and uses language models to extract information from clinicians’ written notes, alongside structured data such as lab reports, vitals, weights, medications, diet orders and diagnoses. It currently analyzes each adult inpatient’s record overnight and writes a risk score into the care team’s workflow the next morning through a dashboard with additional trend information.
HealthLeap says its platform is deployed in more than 50 hospitals and screens for conditions including malnutrition and delirium. It has also built programs to identify aspiration pneumonia, pressure ulcers and risk of readmission for congestive heart failure, which are undergoing further clinical validation. Previous funding rounds were not detailed in the source beyond the newly announced seed and Series A financing.
The fresh capital will go toward engineering, product, sales and customer success as HealthLeap adds support for identifying more conditions. The company ultimately aims to cover more than 40 major health conditions and expand into outpatient and home care.
