Applied AI company Baba raises $40M Series A led by FirstMark Capital to modernize Medicare and Medicaid experience. Funding will expand clinical teams and advance AI research.
PRIVATEOct 20, 2026
Amount Raised
$40 Million
Round Type
Series A
New YorkHealth CareArtificial IntelligenceMedical
Investors
Ground Up VenturesGenius VenturesGeneral CatalystValtruisCVS Health VenturesFirstMark Capital
Description
Baba, an applied AI company modernizing Medicare and Medicaid, announced a $40 million Series A funding round led by FirstMark Capital. CVS Health Ventures and Valtruis joined returning investors General Catalyst, Genius Ventures, and Ground Up Ventures in the round. The funding will be used to advance AI research, serve more health plans, and accelerate value-based care arrangements. Baba provides dedicated care coordination teams to Medicare patients and their families, serving over 10,000 patients with 100,000 families on its waiting list.
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Company Information
Company
Baba
Location
New York, New York, United States
About
Baba is an applied AI company modernizing the Medicare and Medicaid experience by serving as a care partner to patients and their families. Each patient has a dedicated care team including care coordinators and licensed therapists who coordinate all aspects of their care, from specialist visits to behavioral health and social support. The company has supported over 10,000 patients across the U.S. and combines providers, care coordinators, licensed therapists and AI to address medical, financial, social and behavioral health needs.
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New YorkHealth CareArtificial IntelligenceMedical