Alterra Labs raises $12.5M seed round led by Oak HC/FT to build simulated medical environments for testing and training AI models.
Amount Raised
$12.5 Million
Round Type
Seed
New YorkBiotechnologyHealth CareArtificial IntelligenceMedicalMachine LearningHealth DiagnosticsInvestors
Description
Alterra Labs, a New York-based startup, announced a $12.5 million seed round to develop simulated medical environments for testing and training AI models. The round was led by Oak HC/FT with participation from Flare Capital Partners and Company Ventures. The company evaluates AI models on medical tasks to identify failures and convert them into training exercises, with clinicians providing feedback to improve model performance. Alterra uses reinforcement learning to encourage safer AI decisions in healthcare applications including medical imaging, clinical trials, and telehealth.
Quick answer
Alterra Labs raised $12.5 Million in a Seed round, dated November 10, 2026. Investors: Flare Capital Partners and Oak Hc/Ft. Alterra Labs is based in New York, New York, United States.
- How much did Alterra Labs raise?
- Alterra Labs raised $12.5 Million in a Seed round on November 10, 2026.
- Who invested in Alterra Labs?
- Flare Capital Partners and Oak Hc/Ft are named as investors in this round.
- What does Alterra Labs do?
- Alterra Labs is a New York startup building simulated medical environments to test and train AI models for healthcare applications.
- Where is Alterra Labs based and how big is it?
- Alterra Labs is based in New York, New York, United States.
Source: Fundz verified event record.
Who else raised in Medical and Health Diagnostics around the same time
Companies in the same sectors as Alterra Labs that raised within 45 days of this round, from Fundz verified event records.
- Laza Medical raised $160M (Series B) on November 4, 2026.
- AIBORN Ltd raised an undisclosed amount on October 5, 2026.
- Pathos AI raised $237M (Series E) on October 23, 2026.
- BioStack raised $9.5M (Seed) on October 22, 2026.
- Coherence Neuro raised $45M (Series A) on October 22, 2026.
- Scarlet raised $50M (Series B) on October 12, 2026.
Who to call at Alterra Labs, and when
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