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Basalt Health raises $20M Series A led by NEA to enhance post-acute care transitions. This funding aims to accelerate patient admissions into post-acute facilities.

PRIVATESep 24, 2026

Amount Raised

$20 Million

Round Type

Series A

NashvilleHealth CareArtificial IntelligenceMedical

Investors

25m HealthFrist Cressey VenturesNea

Description

Basalt Health, an AI platform for post-acute care, has secured $20 million in Series A funding led by NEA. The investment also includes participation from existing investors Frist Cressey Ventures and 25m Health. The new capital will help accelerate the transition process for patients entering post-acute care. This round brings the total capital raised by the company to approximately $24.5 million.

Company Information

Company

Basalt Health

Location

Nashville, Tennessee, United States

About

Basalt Health is an AI platform designed to assist patients in transitioning to post-acute care more efficiently. The company aims to modernize the placement process, addressing the challenges faced by approximately 14 million patients entering post-acute care each year. By leveraging technology, Basalt Health seeks to improve patient outcomes and streamline healthcare processes.

Fundz sees it the moment Basalt Health raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Basalt Health raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.