# Modern Health funding: rounds and investors > Modern Health has raised $85M across 3 rounds since 2018. Investors include Y Combinator, Kleiner Perkins and Afore/ Social. Every round with its source. Source: https://millionrounds.com/company/modern-health (Millionrounds; every figure on the page links to its filing or article) United States · [Series D startup](https://millionrounds.com/companies) # 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. Biotech Healthcare Valuation: $1.2B, Mar 2026 Y Combinator: W18 Funding summary Updated 26 Oct 2026 **$85M** raised across 3 rounds since 2018, from 3 sources **$2.3M** Seed **$9.0M** Series A **$74M** Series D - **Latest round:** Series D, $74M Feb 2021 - **Step-up i:** 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. 2019 2020 2021 **$2.3M** Seed **$9.0M** Series A **$74M** Series D - **First round:** Seed, $2.3M - **Biggest round:** $74M - **Usual gap between rounds:** 20 months ## The rounds - **Feb 2021** Series D **$74M** *3 new* *2 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Felicis](https://millionrounds.com/fund/felicis-ventures) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) Source recorded - **May 2019** Series A **$9.0M** *3 new* *1 returning* [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Afore Capital](https://millionrounds.com/fund/afore-capital) [Jared Leto](https://millionrounds.com/fund/jared-leto) Reported by FinSMEs - **Jun 2018** Seed **$2.3M** *5 new* Afore/ Social Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Merus Capital](https://millionrounds.com/fund/merus-capital) [Maschmeyer Group](https://millionrounds.com/fund/maschmeyer-group) Reported by TechCrunch ## Founders and team From Modern Health's own website: 1 founder, 13 on the team. **Alyson Watson** Founder and Executive Chair of the Board - **Matt Levin** Chief Executive Officer - **Adam Brown** Chief Financial Officer - **Alison Borland** Chief People & Strategy Officer - **Chen Cheng** Chief Technology Officer - **Dr. Jessica Watrous** Chief Clinical Officer - **Laura Dunn** Chief Commercial Officer - **Tim Savage** Chief Operations Officer - **Dr. Julia Corcoran** VP, Clinical Strategy & Experience - **Eric Mann** VP, Revenue Marketing - **Jeremy Sinaikin** VP, Finance - **Jim Anderson** VP, Commercial Legal - **Erin Brown** General Counsel - **Tanner Brunsdale** Director 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. **Seed** 2018 **Series A** 2019 **Series D** 2021 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) L Afore/ Social L [Founders Fund](https://millionrounds.com/fund/founders-fund) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Felicis](https://millionrounds.com/fund/felicis-ventures) [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Afore Capital](https://millionrounds.com/fund/afore-capital) [Merus Capital](https://millionrounds.com/fund/merus-capital) [Jared Leto](https://millionrounds.com/fund/jared-leto) ## Everyone who backed them [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **3** rounds [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **2** rounds, led 1 Afore/ Social no record of our own yet **1** round, led 1 [Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round [Battery Ventures](https://millionrounds.com/fund/battery-ventures) VC firm **1** round [Felicis](https://millionrounds.com/fund/felicis-ventures) VC firm **1** round [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) VC firm **1** round [Afore Capital](https://millionrounds.com/fund/afore-capital) VC firm **1** round [Merus Capital](https://millionrounds.com/fund/merus-capital) VC firm **1** round [Jared Leto](https://millionrounds.com/fund/jared-leto) Angel **1** round [Maschmeyer Group](https://millionrounds.com/fund/maschmeyer-group) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=modern-health). ## 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. [Refactor Capital](https://millionrounds.com/fund/refactor-capital) VC firm Per its own site [True West Capital Partners](https://millionrounds.com/fund/true-west-capital-partners) Private equity Per its own site [MGV](https://millionrounds.com/fund/mgv-vc) VC firm Per its own site ## Quick answers about Modern Health ### Who invested in Modern Health? Modern Health's investors include Y Combinator, Kleiner Perkins, Afore/ Social, Founders Fund and Battery Ventures, and 6 more on record. ### How much has Modern Health raised? Modern Health has raised $85M across 3 rounds since 2018. ### When did Modern Health last raise? Modern Health's most recent round was a Series D of $74M in Feb 2021. ### What was Modern Health's biggest round? Its most recent round, $74M in Feb 2021, is also its largest on record. ### Who backed Modern Health first? Modern Health's first round on record, in Jun 2018, was backed by Afore/ Social, Y Combinator and Precursor Ventures and 2 others. ### What stage is Modern Health at? Modern Health's latest named round is a Series D, in Feb 2021. ### Where is Modern Health based? Modern Health is based in the United States. ### Who led Modern Health's rounds? Afore/ Social led the Seed in 2018; Kleiner Perkins led the Series A in 2019. ## Companies like Modern Health In the same sector, and raised in the last eighteen months. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app