Sunday, November 23, 2025
HomeStartupPerform Well being raises $298M Sequence B at $2.5B valuation

Perform Well being raises $298M Sequence B at $2.5B valuation


From digital well being information and blood exams to the stream of information from wearable gadgets, the quantity of well being info individuals generate is accelerating quickly. But, many customers wrestle to attach this trove of information in a significant manner and truly use it to enhance their well being.

Perform Well being, which affords an everyday lab testing service to assist individuals observe their well being, desires to alter that by consolidating well being knowledge and making it usable for its clients by connecting that knowledge to an AI mannequin. To additional that effort, the corporate just lately raised $298 million in a Sequence B spherical led by Redpoint Ventures at a valuation of $2.5 billion.

The funding spherical additionally noticed participation from a16z; Aglaé Ventures; Alumni Ventures; NBA athletes Allen Crabbe, Blake Griffin, and Taylor Griffin; Battery Ventures; Nat Friedman and Daniel Gross’ funding agency, NFDG; and Roku founder Anthony Wooden. The spherical brings the corporate’s whole capital raised to $350 million.

Alongside the funding, Perform unveiled Medical Intelligence Lab, an effort to construct a “medical intelligence” generative AI mannequin that can be utilized to offer customized well being insights based mostly on customers’ knowledge, content material, and analysis. The corporate stated the mannequin is educated by medical doctors. For its clients, the corporate is providing an AI chatbot that may reply questions based mostly on their well being knowledge and may faucet their earlier lab outcomes, physician’s notes, and scans to offer tailor-made steerage.

“It isn’t adequate to be in a world the place AI exists and never be making use of it to your well being,” Jonathan Swerdlin, CEO and co-founder of Perform, advised TechCrunch. “It’s best to be capable to handle your biology. The target of Perform Well being is to use the perfect obtainable expertise to human well being.”

Swerdlin famous the platform meets HIPAA requirements, absolutely encrypts person knowledge, and by no means sells private info. “Your knowledge and your identification are by no means on the market. Each little bit of your info is absolutely encrypted and guarded. We’re dedicated to retaining you, and your knowledge, protected.”

Perform’s chief medical scientist, Dr. Dan Sodickson, and its co-founder and chief medical officer Dr. Mark Hyman, are collectively main improvement of MI Lab and its crew of medical doctors, researchers, and engineers. The MI mannequin is educated by medical doctors and so they keep concerned within the course of, Swerdlin stated.

Techcrunch occasion

San Francisco
|
October 13-15, 2026

Whereas the area has many gamers, Perform units itself aside from opponents like Superpower, Neko Well being, and InsideTracker because of its device-agnostic method, Swerdlin stated, including that the platform integrates lab testing, diagnostics, and medical insights to supply greater than a typical AI coach or wellness app.

Perform has 75 areas within the U.S. and members “can get lab exams finished at 2,000 Quest areas”, he added. Perform says it has accomplished greater than 50 million lab exams since 2023.

This text has been up to date to replicate that Perform members can entry exams at 2,000 quest areas.

RELATED ARTICLES

Most Popular

Recent Comments