Who invested in Modern Health

3 rounds we have observed, with the 11 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.

BiotechHealthcare

Valuation: $1.2B, Mar 2026Y Combinator: W18

Funding summaryUpdated 26 Oct 2026

$85Mraised across 3 rounds since 2018, from 3 sources

$2.3MSeed$9.0MSeries A$74MSeries D

Latest round: Series D, $74MFeb 2021
Step-upi: 8.2×
Investors: 11 (2 led)

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.

201920202021

$2.3MSeed$9.0MSeries A$74MSeries D

First round: Seed, $2.3M
Biggest round: $74M
Usual gap between rounds: 20 months

The rounds

Feb 2021
Series D$74M3 new2 returning
Source recorded
May 2019
Series A$9.0M3 new1 returning
Reported by FinSMEs
Jun 2018
Seed$2.3M5 new
- Afore/ SocialLead
- Y Combinator
- Precursor Ventures
- Merus Capital
- Maschmeyer Group
Reported by TechCrunch

Founders and team

From Modern Health's own website: 1 founder, 13 on the team.

Alyson WatsonFounder and Executive Chair of the Board

Matt LevinChief Executive Officer
Adam BrownChief Financial Officer
Alison BorlandChief People & Strategy Officer
Chen ChengChief Technology Officer
Dr. Jessica WatrousChief Clinical Officer
Laura DunnChief Commercial Officer
Tim SavageChief Operations Officer
Dr. Julia CorcoranVP, Clinical Strategy & Experience
Eric MannVP, Revenue Marketing
Jeremy SinaikinVP, Finance
Jim AndersonVP, Commercial Legal
Erin BrownGeneral Counsel
Tanner BrunsdaleDirector of Benefits & Mobility at Lyft

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.

Seed2018Series A2019Series D2021

Y Combinator

Kleiner PerkinsLAfore/ SocialL

Merus CapitalJared Leto

Everyone who backed them

Y CombinatorAccelerator3rounds

Kleiner PerkinsVC firm2rounds, led 1

Afore/ Socialno record of our own yet1round, led 1

Founders FundVC firm1round

Battery VenturesVC firm1round

FelicisVC firm1round

Precursor VenturesVC firm1round

Afore CapitalVC firm1round

Merus CapitalVC firm1round

Jared LetoAngel1round

Maschmeyer GroupVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 3 firms list Modern Health as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.