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Total amount raised
$300 Million
Latest funding date
2026-05-28
Location
Garner Health has raised funds across six distinct funding rounds, with the most recent being a USD 100,000,000 Series E led by Index Ventures in May 2026 at a USD 2,740,000,000 valuation. The platform uses a vast database of medical claims data to evaluate healthcare providers, helping employers cut costs while directing employees to higher quality care.
What Is Garner Health?
Garner Health, based in New York, is a technology-driven platform that uses extensive healthcare data to provide insights and analytics for better healthcare decision-making. The company operates in multiple industries, including Big Data, Business Intelligence, Employee Benefits, Health Care, and Medical.
Founded as a private entity, Garner Health has grown to employ between 101 and 250 people. The platform offers solutions for individuals, families, employers, advisors, and healthcare providers, helping them find the best healthcare providers, reduce medical costs, and improve value-based care.
How Much Funding Has Garner Health Raised?
- Seed Round
- Amount Raised: USD 4,500,000
- Date: 2020
- Lead Investors: Thrive Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial platform and validate the business model.
- Series A
- Amount Raised: USD 12,500,000
- Date: February 2021
- Lead Investors: Founders Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform's capabilities and grow the customer base.
- Series B
- Amount Raised: USD 45,000,000
- Date: December 2021
- Lead Investors: Redpoint Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the client base, enhance data science capabilities, and roll out new services.
- Strategic Investment (Optum Ventures)
- Amount Raised: Undisclosed
- Date: October 2023
- Lead Investors: Optum Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To deepen strategic partnership with Optum and expand access to employer health plans.
- Series D
- Amount Raised: USD 118,000,000
- Date: February 10, 2026
- Lead Investors: Kleiner Perkins
- Valuation at Round: USD 1,350,000,000
- Motivation Behind the Round: To scale the proprietary provider-ranking engine and incentive platform, close the healthcare quality and cost gap, and expand the company's client base nationally.
- Series E
- Amount Raised: USD 100,000,000
- Date: May 28, 2026
- Lead Investors: Index Ventures, with participation from Kleiner Perkins, Redpoint, Thrive Capital, Sequoia Capital, Founders Fund, and Kaiser Permanente Ventures
- Valuation at Round: USD 2,740,000,000
- Motivation Behind the Round: To continue addressing the healthcare quality and cost gap for employers and their employees.
Total Amount Raised: At least USD 280,000,000 based on disclosed funding, since the October 2023 Optum Ventures strategic investment was undisclosed; Garner Health puts its total at approximately USD 300,000,000. As of September 2026, the company's latest disclosed round is its May 2026 Series E. Current Valuation: USD 2,740,000,000 (as of May 2026).
Key Investors
- Index Ventures
- Details: Index Ventures is a venture capital firm with offices in San Francisco, London, and New York. It led Garner Health's USD 100,000,000 Series E in May 2026.
- Investment Focus Areas: Software, fintech, healthcare, artificial intelligence, consumer internet.
- Notable Investments: Figma, Datadog, Revolut, Discord.
- Kleiner Perkins
- Details: Kleiner Perkins is a leading venture capital firm that has backed many of the world's most innovative companies. Josh Coyne at Kleiner Perkins led the Series D investment in Garner Health, and the firm also joined the Series E.
- Investment Focus Areas: Technology, healthcare, consumer, enterprise software.
- Notable Investments: Amazon, Google, Genentech, Instacart.
- Redpoint Ventures
- Details: Redpoint Ventures is a venture capital firm that invests in seed, early, and growth-stage companies. They led Garner Health's Series B round and participated in the Series D and Series E.
- Investment Focus Areas: Technology, consumer internet, enterprise software, healthcare.
- Notable Investments: Stripe, Netflix, Twilio, Snowflake.
- Founders Fund
- Details: Founders Fund is a San Francisco-based venture capital firm known for investing in companies building revolutionary technologies. They led Garner Health's Series A round and participated in the Series E.
- Investment Focus Areas: Aerospace, artificial intelligence, advanced computing, energy, health, consumer internet.
- Notable Investments: SpaceX, Palantir Technologies, Facebook, Airbnb.
- Thrive Capital
- Details: Thrive Capital is a venture capital firm that focuses on internet and software investments. They led Garner Health's Seed round and participated in the Series A and Series E.
- Investment Focus Areas: Internet, software, consumer, enterprise.
- Notable Investments: Instagram, GitHub, Slack, Robinhood.
- Optum Ventures
- Details: Optum Ventures is the venture capital arm of Optum, focusing on health services and technology investments. They made a strategic investment in Garner Health in October 2023.
- Investment Focus Areas: Health services, technology, data analytics, digital health.
- Notable Investments: Buoy Health, Mindstrong Health, RubiconMD, DispatchHealth.
What's Next for Garner Health?
Garner Health closed its USD 100,000,000 Series E on May 28, 2026 at a USD 2,740,000,000 valuation, with Index Ventures leading and Kleiner Perkins, Redpoint, Thrive Capital, Sequoia Capital, Founders Fund, and Kaiser Permanente Ventures joining. The company says the capital will go toward continuing to address the healthcare quality and cost gap for employers and their employees.
The Series E follows the USD 118,000,000 Series D led by Kleiner Perkins in February 2026, bringing Garner Health's total funding to roughly USD 300,000,000. The company remains private and continues to expand its provider-ranking data and incentive platform for employer health plans.
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