Startup profile for Latent Health: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

Latent Health funding, valuation and investors

Clinical AI platform accelerating medication access via prior auth and pharmacy workflows.

Keep track of Latent Health

Save this profile to your VCT watchlist for a quick return.

View watchlist

Funding, valuation & investors

Answer-first snapshot

Latest funding

Series A

$80M · March 2026

Latest known valuation

~$600M

Series A · March 2026

Total disclosed equity funding

$80M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

series a · San Francisco, CA

Investors in latest funding

Lead: Spark Capital

Sources: latest funding Last verified: 2026-07-25

Overview

Latent Health (Latent) builds a Clinical Reasoning Engine that automates prior authorizations, appeals, 340B compliance, and pharmacy workflows inside EHRs. Founded in 2022 by Sriram Somasundaram and Rishabh Jain, the San Francisco company raised $80M Series A in March 2026 co-led by Spark Capital and Transformation Capital at roughly $600M valuation with Conviction, McKesson Ventures, General Catalyst, and Y Combinator participating. Latent serves 45+ health systems and 2M+ patients annually per company press.

Why Latent Health is interesting

Diagnosis without therapy is failure — Latent automates the paperwork wall between doctor orders and pharmacy fulfillment, where health systems already lose margin.

Product & use cases

Enterprise pharmacy intelligence platform with agentic engine reading charts, payer policies, and pharmacy ops to approve therapies faster.

  • Prior authorization automation inside Epic/Cerner
  • 340B eligibility auditing in real time
  • Appeals drafting with chart citations

Key facts

  • Series A (Mar 2026): $80M co-led by Spark at ~$600M valuation
  • 45+ health systems; 2M+ patients annually cited
  • Customers include Yale New Haven, Mount Sinai, UCSF, UCLA
  • Founded Nov 2022; YC alumni

Funding history (newest first)

Investors in our directory

Funds linked from Latent Health's profile — open a fund page for stage focus and related deal articles.

Competitive landscape

Edge: 50% of top 20 U.S. health systems as customers per launch press — rare enterprise penetration for Series A clinical AI.

Medication access AI must be auditable and EHR-native — Latent's health system logos create moat. Risk is payer policy changes and EHR vendor bundling.

  • Notable Health adjacent

    Administrative automation including prior auth.

  • Infinitus / voice AI prior auth adjacent

    Phone-based payer calls versus chart-native reasoning.

  • Manual pharmacy staff incumbent

    Health system backlogs Latent replaces.

Notable stories

  • Forbes profiled Latent as closing the gap between diagnosis and treatment with AI agents handling prior auth paperwork.
  • Company claims 30%+ reduction in medication denials per job postings.

Industries

Healthtech AI & Machine Learning Enterprise SaaS

Related funding articles

Venture Capital Tracker pieces that cover Latent Health's financing or category context.

FAQs about Latent Health

Practical answers founders, operators, and investors typically search for.

Clinical AI automating prior authorization and pharmacy workflows in health systems.
Spark Capital co-led the $80M round. See /fund/spark-capital.
~$600M reported around March 2026 Series A.
45+ leading systems cited at fundraise including Yale New Haven and Mount Sinai.
Latent focuses on pharmacy/medication access intelligence; Notable broader admin automation.
Sriram Somasundaram and Rishabh Jain in 2022.
Epic, Cerner, and others per platform page.
Profile covers Latent Health at latenthealth.com — medication access platform.
Private; not disclosed.
Latent's agentic core reading charts and payer rules to action pharmacy workflows.

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.