# Lucem Health funding: rounds and investors

> Lucem Health has raised $16M across 2 rounds since 2023. Investors include Mayo Clinic and Rally Ventures. Every round with its source.

Source: https://millionrounds.com/company/lucem-health (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Lucem Health*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Raised 7 months ago

Funding summary Updated 26 Oct 2026

**$16M** raised across 2 rounds since 2023, from 2 sources

**$7.7M** Series A **$8.4M** Round

- **Latest round:** Round, $8.4M Mar 2026
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024 2025 2026

**$7.7M** Series A

**$8.4M** Round

- **First round:** Series A, $7.7M
- **Biggest round:** $8.4M
- **Between rounds:** 2.9 years

## The rounds

- **Mar 2026** Round **$8.4M** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $8.4M sold, first sale Mar 2026
- **May 2023** Series A **$7.7M** *2 new* [Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) [Rally Ventures](https://millionrounds.com/fund/rally-ventures) Source recorded SEC filing: $5.2M sold, first sale Apr 2023

## Founders and team

From Lucem Health's own website: 11 on the team.

- **Sean Cassidy** CEO
- **Conrad Gudmundson** Chief Commercial Officer
- **Eric Navarro** CTO
- **Kristy Drollinger** Chief Product Officer
- **Michael Nelson** CFO
- **Ben Simmons** VP, Clinical Programs
- **Glenn Recker** VP, Product
- **Marilyn Agbeko** VP, Product Strategy and Growth
- **Susan Reagan** VP, Growth
- **Wendy Ladwig** VP of Customer Success
- **Holly Taylor** General Manager of Strategic Partnerships

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2023 **Round** 2026 [Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) [Rally Ventures](https://millionrounds.com/fund/rally-ventures)

## Everyone who backed them

[Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) Investment firm **1** round

[Rally Ventures](https://millionrounds.com/fund/rally-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lucem-health).

## Quick answers about Lucem Health

### Who invested in Lucem Health?

Lucem Health's investors include Mayo Clinic and Rally Ventures.

### How much has Lucem Health raised?

Lucem Health has raised $16M across 2 rounds since 2023.

### When did Lucem Health last raise?

Lucem Health's most recent round, $8.4M, was in Mar 2026.

### What was Lucem Health's biggest round?

Its most recent round, $8.4M in Mar 2026, is also its largest on record.

### Who backed Lucem Health first?

Lucem Health's first round on record, in May 2023, was backed by Mayo Clinic and Rally Ventures.

### What stage is Lucem Health at?

Lucem Health's latest named round is a Series A, in May 2023.

### Where is Lucem Health based?

Lucem Health is based in the United States.

## Companies like Lucem Health

In the same sector, and raised in the last eighteen months.

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