Editor’s Note: This roundup is meant to highlight some of the most notable funding rounds of the month and is not intended to be comprehensive.
Health tech companies made several major funding announcements in June. Here is a list of some of the biggest funding rounds.
Assort Health raises $120 million in Series C funding
Assort Health is an AI agents platform that supports scheduling and intake, referrals, document processing, medication refills and payments. The platform is built on more than 190 million patient interactions.
The Series C round was led by Menlo Ventures, with participation from Lightspeed Venture Partners, Felicis, First Round Capital, Chemistry, Joe Montana, Tau Ventures and Quiet Capital. Assort Health has raised $222 million in total, and has a valuation of $1.2 billion.
Cadence secures $100 million in Series C funding
Cadence is a clinical AI company for chronic disease. It helps monitor patients, identify risks and coordinate intervention. It works with more than 20 health systems and serves more than 100,000 patients.
Its Series C round was led by Spark Capital and includes participation from Thrive Capital, General Catalyst, Coatue, B Capital, Corewell Health Ventures, Memorial Hermann and Duke Health. The funding will support expansion across new health systems and the improvement of its AI agents.
Adaptive Innovations raises $60 million in Series A funding and seed funding.
Adaptive Innovations is an AI operating system for home health. The company combines AI operations with in-home clinicians. It launched in 2025 and has since provided over 100,000 patient visits and partnered with more than 500 referring healthcare organizations.
The company raised $50 million in Series A funding and $10 million in seed funding. The rounds were led by Felicis and Bain Capital Ventures, with participation from Optum Ventures, Sunflower Capital, Conviction, BoxGroup, SV Angels, Dorm Room Fund and Constellation. The financing is supporting expansion into additional states and growing its team.
Stepful rakes in $55 million in Series C funding
Stepful provides online training for healthcare jobs. It offers programs for medical assistants, pharmacy technicians, medical admin, dental assistants and more. After certification, the company then helps connect graduates to job opportunities via partnerships with providers.
The funding was led by Oak HC/FT, with participation from Foresite Capital, Hearst Ventures, the Citi Impact Fund, SemperVirens, Y Combinator, Intermountain Health and ECMC Education Impact Fund. The funding will support expanded healthcare system partnerships and new programs, such as for registered nurses and imaging.
Photo: phive2015, Getty Images
