Garner Health raises $118 million in a Series D funding round to scale up its digital health platform that helps patients find the best healthcare providers using better data and smarter financial incentives.
Garner Health has raised approximately $200 million in funding to date, according to the latest funding data compiled by Digital Health Funding.
Kleiner Perkins led the latest investment round with participation from Redpoint, Maverick, Kaiser Permanente Ventures, Mercy, Plus Capital, and other existing investors.
Based in New York, Garner Health currently serves over 2.5 million people and has more than 700 employer clients, including the largest employers and health plans.
With fresh funds, Garner Health plans to further expand its digital provider-ranking platform, scale its AI-driven navigation and appointment booking capabilities, and grow its team to meet the demands of a rapidly growing customer base.
“The single most important health decision we make is which individual doctor we see when we need care,” said Nick Reber, Founder and CEO of Garner Health.
“Our data shows that the top-performing doctors have 75% lower rates of complications and mortality than their peers. By identifying these providers and creating the financial incentives for patients to see them, we aren’t just saving money—we’re fundamentally re-engineering the healthcare marketplace to reward quality,” added Nick Reber.
Digital health companies have secured more than $170 billion in venture capital funding to date, according to the latest funding data compiled by Digital Health Funding. More recently, Pasito, a provider of AI-powered personalized employee health benefits and retirement benefits solutions, raised $21 million in Series A funding.