# Qualified Health funding: rounds and investors

> Qualified Health has raised $165M across 3 rounds since 2025. Investors include SignalFire, Flare Capital and Frist Cressey Ventures.

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

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

# Who invested in *Qualified Health*

3 rounds we have observed, with the 8 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 Enterprise Software Healthcare

Raised 4 months ago

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Funding summary Updated 15 Nov 2026

**$165M** raised across 3 rounds since 2025, from 3 sources

**$30M** Seed **$125M** Series B **$10.0M** Round

- **Latest round:** Round, $10.0M Jul 2026
- **Biggest round:** $125M Series B · Mar 2026
- **Investors:** 8 (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.

2025 2026

**$30M** Seed

**$125M** Series B

**$10.0M** Round

- **First round:** Seed, $30M
- **Biggest round:** $125M
- **Usual gap between rounds:** 15 months

## The rounds

- **Jul 2026** Round **$10.0M** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $10.0M sold, first sale Jul 2026
- **Mar 2026** Series B **$125M** *5 new* *3 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Lead [SignalFire](https://millionrounds.com/fund/signalfire) [GreatPoint Ventures](https://millionrounds.com/fund/greatpoint-ventures) [Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) [Flare Capital](https://millionrounds.com/fund/flare-capital-partners) [Frist Cressey Ventures](https://millionrounds.com/fund/frist-cressey-ventures) [Transformation Capital](https://millionrounds.com/fund/transformation-capital) [Menlo Ventures' Anthology Fund (with Anthropic)](https://millionrounds.com/fund/menlo-ventures-anthology-fund-with-anthropic) Reported by Ventureburn
- **Jan 2025** Seed **$30M** *3 new* [SignalFire](https://millionrounds.com/fund/signalfire) [Flare Capital](https://millionrounds.com/fund/flare-capital-partners) [Frist Cressey Ventures](https://millionrounds.com/fund/frist-cressey-ventures) Source recorded

## Funding filed with regulators

Qualified Health filed one raise, $10.0M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2026 **$10.0M** 1 investor of $25M offered SEC Form D

## Founders and team

From Qualified Health's own website: 1 founder.

**Shantanu Phatakwala** Co-Founder | Chief Commercial Officer at Qualified Health

## 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** 2025 **Series B** 2026 **Round** 2026 [SignalFire](https://millionrounds.com/fund/signalfire) [Flare Capital](https://millionrounds.com/fund/flare-capital-partners) [Frist Cressey Ventures](https://millionrounds.com/fund/frist-cressey-ventures) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) L [GreatPoint Ventures](https://millionrounds.com/fund/greatpoint-ventures) [Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) [Transformation Capital](https://millionrounds.com/fund/transformation-capital) [Menlo Ventures' Anthology Fund (with Anthropic)](https://millionrounds.com/fund/menlo-ventures-anthology-fund-with-anthropic)

## Everyone who backed them

[SignalFire](https://millionrounds.com/fund/signalfire) VC firm **2** rounds

[Flare Capital](https://millionrounds.com/fund/flare-capital-partners) VC firm **2** rounds

[Frist Cressey Ventures](https://millionrounds.com/fund/frist-cressey-ventures) VC firm **2** rounds

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round, led 1

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

[Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) VC firm **1** round

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

[Menlo Ventures' Anthology Fund (with Anthropic)](https://millionrounds.com/fund/menlo-ventures-anthology-fund-with-anthropic) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Qualified 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.

[DVC](https://millionrounds.com/fund/dvc-2) VC firm Per its own site

[Davidovs Venture C...](https://millionrounds.com/fund/davidovs-venture-c) VC firm Per its own site

## Quick answers about Qualified Health

### Who invested in Qualified Health?

Qualified Health's investors include SignalFire, Flare Capital, Frist Cressey Ventures, New Enterprise Associates and GreatPoint Ventures, and 3 more on record.

### How much has Qualified Health raised?

Qualified Health has raised $165M across 3 rounds since 2025.

### When did Qualified Health last raise?

Qualified Health's most recent round, $10.0M, was in Jul 2026.

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

Qualified Health's largest round on record is $125M (Series B), in Mar 2026, led by New Enterprise Associates.

### Who backed Qualified Health first?

Qualified Health's first round on record, in Jan 2025, was backed by SignalFire, Flare Capital and Frist Cressey Ventures.

### What stage is Qualified Health at?

Qualified Health's latest named round is a Series B, in Mar 2026.

### Where is Qualified Health based?

Qualified Health is based in the United States.

### Who led Qualified Health's rounds?

New Enterprise Associates led the Series B in 2026.

## Companies like Qualified Health

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