Startup profile · funding coverage
Onos Health funding, valuation and investors
Behavioral health clinical intelligence platform for U.S. health plans.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
$17M · August 2026
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$23M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series a · San Francisco, California
Investors in latest funding
Lead: Costanoa
Other: Flare Capital Partners , CVS Health Ventures
Overview
Onos Health is a San Francisco behavioral health clinical intelligence company founded in 2024 by CEO Akshay Agrawal and co-founders Josh Levitan and Suhaas Prasad. Its AI platform integrates claims, utilization, and unstructured clinical documentation for health-plan quality and affordability workflows. On August 26, 2026 Onos announced a $17 million Series A led by Costanoa with Flare Capital Partners and CVS Health Ventures, following a $6.3 million seed in October 2025.
Why Onos Health is interesting
August 2026 $17M Series A led by Costanoa with Flare and CVS Health Ventures — Aetna live and company claims 3 of 6 largest U.S. plans already using the AI platform.
Product & use cases
Payer-facing AI that turns unstructured behavioral-health documentation into measurable care pathways and quality insights.
- Health-plan behavioral health quality management
- Reducing reactive prior-auth / review burden
- Provider-network collaboration on care pathways
Key facts
- Series A (Aug 26, 2026): $17M led by Costanoa; Flare + CVS Health Ventures participate
- ~$23.5M total after $6.3M seed (MedCity)
- Named customer: Aetna; company: 3 of 6 largest U.S. health plans
- Company-reported: 35% adherence lift, 75% review efficiency, >6% BH cost cut in 12 months
Funding history (newest first)
Series A
2026-08 $17M- Costanoa (lead)
- Flare Capital Partners (participant)
- CVS Health Ventures (participant)
Seed
2025-10 $6.3M- Haystack (lead)
- Pathlight Ventures (lead)
Competitive landscape
Edge: Trained on a large behavioral-health quality database and sold into plans that already struggle with unstructured notes.
ROI percentages in the PR are vendor-reported; diligence should request plan-level methodology and contract value.
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Legacy utilization management vendors incumbent
Strong on structured claims; weak on unstructured notes.
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Clinical scribe / provider AI tools adjacent
Different primary buyer (providers vs plans).
Industries
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