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Assort Health raises $120M in Series C funding led by Menlo Ventures, reaching a valuation of $1.2 billion.

PRIVATEJun 24, 2026•about 2 months ago

Amount Raised

$120 Million

Round Type

Series C

information technology & services

Investors

Quiet CapitalTau VenturesJoe MontanaChemistryFirst Round CapitalFelicisLightspeed Venture PartnersMenlo Ventures

Description

Assort Health, a San Francisco-based provider of an AI agents platform for the patient journey, raised $120M in Series C funding. The funding round was led by Menlo Ventures, with participation from several investors. The company plans to use the funds to expand operations and development efforts. Founded by Co-CEOs Jon Wang and Jeffery Liu, Assort Health is known for its advanced AI platform.

Company Information

Company

Assort Health

About

Assort Health is a healthcare technology company based in San Francisco, California. Founded in 2023 by Jon Wang and Jeff Liu, the company specializes in AI-powered automation of patient phone calls to enhance interactions within healthcare systems. Their platform efficiently manages routine and complex phone tasks, including patient intake, appointment scheduling, and call triaging, operating 24/7 in 14 languages. The technology integrates with over 84 electronic health record systems, allowing real-time data access to streamline workflows. Assort Health primarily serves small and medium specialty care offices and health systems, focusing on improving operational efficiency and patient experience. Their AI system has shown significant growth, with reported 8x revenue growth since late 2024 and high patient satisfaction ratings. The company is dedicated to making healthcare more accessible and economically sustainable through its innovative solutions.

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Verified contactsJon W., Founder, co-CEO hidden hidden
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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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