# Nomad Health funding: rounds and investors

> Nomad Health has raised $72M across 3 rounds since 2016. Investors include Polaris Partners, 406 Ventures and Icon Ventures. Every round with its source.

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

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

# Who invested in *Nomad 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

Raised 11 months ago

Funding summary Updated 26 Oct 2026

**$72M** raised across 3 rounds since 2016, from 3 sources

**$4.0M** Series A **$34M** Debt **$34M** Venture

- **Latest round:** Venture, $34M Dec 2025
- **Biggest round:** $34M Debt · Aug 2019
- **Investors:** 11 (1 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.

2016 2018 2020 2022 2024

**$4.0M** Series A

**$34M** Debt

**$34M** Venture

- **First round:** Series A, $4.0M
- **Biggest round:** $34M
- **Usual gap between rounds:** 6.3 years

## The rounds

- **Dec 2025** Venture **$34M** *6 new* *2 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [Adams Street Partners](https://millionrounds.com/fund/adams-street-partners) [406 Ventures](https://millionrounds.com/fund/406-ventures) [Trinity Capital](https://millionrounds.com/fund/trinity-capital) [AlleyCorp](https://millionrounds.com/fund/alleycorp) [Company Ventures](https://millionrounds.com/fund/ag-ventures) Source recorded SEC filing: $34M sold, first sale Sept 2025
- **Aug 2019** Debt **$34M** *5 new* [Icon Ventures](https://millionrounds.com/fund/icon-ventures) Lead [SVB Capital](https://millionrounds.com/fund/svb-capital) [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [406 Ventures](https://millionrounds.com/fund/406-ventures) Reported by FinSMEs SEC filing: $20M sold, first sale Jun 2019
- **Jul 2016** Series A **$4.0M** No investor was named in the report. Reported by FinSMEs SEC filing: $4.7M sold, first sale Jul 2016

## Founders and team

From Nomad Health's own website: 1 founder, 4 on the team.

**Alexi Nazem** Co-Founder & Board Member

- **Justin Lambert** CEO
- **Arjun Krishnamoorthy** CFO
- **Justine Lelchuk** COO
- **Tommy Hickey** VP, Technology

## 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** 2016 **Debt** 2019 **Venture** 2025 [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [406 Ventures](https://millionrounds.com/fund/406-ventures) [Icon Ventures](https://millionrounds.com/fund/icon-ventures) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [SVB Capital](https://millionrounds.com/fund/svb-capital) [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [Adams Street Partners](https://millionrounds.com/fund/adams-street-partners) [Trinity Capital](https://millionrounds.com/fund/trinity-capital) [AlleyCorp](https://millionrounds.com/fund/alleycorp)

## Everyone who backed them

[Polaris Partners](https://millionrounds.com/fund/polaris-partners) VC firm **2** rounds

[406 Ventures](https://millionrounds.com/fund/406-ventures) VC firm **2** rounds

[Icon Ventures](https://millionrounds.com/fund/icon-ventures) VC firm **1** round, led 1

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round

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

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round

[Adams Street Partners](https://millionrounds.com/fund/adams-street-partners) VC firm **1** round

[Trinity Capital](https://millionrounds.com/fund/trinity-capital) VC firm **1** round

[AlleyCorp](https://millionrounds.com/fund/alleycorp) Venture studio **1** round

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

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

## Also claim to have backed them

This firm lists Nomad Health as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Company Ventures](https://millionrounds.com/fund/company-ventures) VC firm Per its own site

## Quick answers about Nomad Health

### Who invested in Nomad Health?

Nomad Health's investors include Polaris Partners, 406 Ventures, Icon Ventures, Y Combinator and SVB Capital, and 6 more on record.

### How much has Nomad Health raised?

Nomad Health has raised $72M across 3 rounds since 2016.

### When did Nomad Health last raise?

Nomad Health's most recent round was a Venture of $34M in Dec 2025.

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

Nomad Health's largest round on record is $34M (Debt), in Aug 2019, led by Icon Ventures.

### Who backed Nomad Health first?

Nomad Health's first round on record, in Aug 2019, was backed by Icon Ventures, SVB Capital and Polaris Partners and 2 others.

### What stage is Nomad Health at?

Nomad Health's latest named round is a Venture, in Dec 2025.

### Where is Nomad Health based?

Nomad Health is based in the United States.

### Who led Nomad Health's rounds?

Icon Ventures led the Debt in 2019.

## Companies like Nomad 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)

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