Startup profile · funding coverage
Waymark funding, valuation and investors
Community-based care platform extending primary care for Medicaid patients.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
$45M · 2022
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$45M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series a · San Francisco, California
Investors in latest funding
Lead: Andreessen Horowitz , New Enterprise Associates
Other: Lux Capital
Overview
Waymark provides technology and community health worker services to extend primary care for Medicaid and low-income patients — addressing social determinants of health alongside clinical needs. Co-founded by Rajaie Batniji (formerly of Collective Health and Stanford), Waymark partners with Medicaid managed care organizations and providers on value-based care models. The company raised a $45M Series A co-led by a16z and NEA with Lux Capital participating, plus additional debt financing reported in 2023.
Why Waymark is interesting
Rajaie Batniji (ex-Collective Health) building Medicaid value-based care with community health workers — not the Detroit AI video-ad company of the same name.
Product & use cases
Waymark embeds community-based care teams with primary care practices serving Medicaid populations — software coordinates outreach, care plans, and social needs (housing, food, transportation) tied to VBC payment models.
- Medicaid MCOs reducing ER utilization via community health worker outreach
- Primary care clinics managing complex Medicaid panels with social care coordination
- State Medicaid programs testing VBC extensions beyond clinic walls
Key facts
- Series A (2022): $45M co-led by a16z and NEA; Lux Capital — press
- Debt/other (2023): $42M reported with Lux, NEA, a16z — Startup Intros
- Co-founder Rajaie Batniji — ex-Collective Health, Stanford MD/PhD
Funding history (newest first)
Series A
2022 $45MInvestors in our directory
Funds linked from Waymark's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Batniji's health-plan and policy background plus a16z/NEA/Lux syndicate positions Waymark at intersection of Medicaid policy tailwinds and VBC infrastructure — not generic care navigation.
Medicaid VBC is politically supported but operationally hard — community health workers scale people, not just software. Waymark competes with Cityblock for MCO contracts. Name collision with Detroit's Waymark AI video company requires disambiguation in search. Debt + equity mix in 2023 suggests capital intensity of care delivery models.
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Cityblock Health direct
Medicaid-focused VBC with community care; similar patient population.
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Oak Street Health (CVS) adjacent
Senior primary care VBC; different age band but overlapping VBC operator model.
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Unite Us adjacent
Social care coordination network; Waymark adds clinical primary care integration.
Notable stories
- Waymark (healthcare) is distinct from Waymark AI (Detroit video ads) — same name, different a16z portfolio company in healthtech (directory note).
Industries
Market / IPO context
Editorial / static context — not a live quote.
Related funding articles
Venture Capital Tracker pieces that cover Waymark's financing or category context.
FAQs about Waymark
Practical answers founders, operators, and investors typically search for.
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