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Daffodil Health raises $16.3M Series A, led by Flare Capital Partners, to enhance health plan administration and processing.

PRIVATEFeb 17, 2026

Amount Raised

$16.3 Million

Round Type

Series A

San FranciscoInformation TechnologyHealth CareArtificial Intelligence

Investors

Jim LacyMaverick VenturesScott MingeeLRVHealthFlare Capital Partners

Description

Daffodil Health, an AI-powered platform for health plan administration, has raised $16.3 million in a Series A funding round. The funding, led by Flare Capital Partners, will support the company's product development and expansion in a competitive market. Daffodil aims to enable health plans and TPAs to achieve better price transparency and operational efficiencies. This comes amid increasing demand for modernized healthcare pricing solutions.

Quick answer

Daffodil Health raised $16.3 Million in a Series A round, dated February 17, 2026. Investors: Jim Lacy, Maverick Ventures, Scott Mingee, LRVHealth and Flare Capital Partners. Daffodil Health is based in San Francisco, California, United States.

How much did Daffodil Health raise?
Daffodil Health raised $16.3 Million in a Series A round on February 17, 2026.
Who invested in Daffodil Health?
Jim Lacy, Maverick Ventures, Scott Mingee, LRVHealth and Flare Capital Partners are named as investors in this round.
What does Daffodil Health do?
Daffodil was founded by a group of passionate healthcare and technology experts with the lofty mission of using technology, data and AI to automate healthcare pricing processes and reduce administrative spend.
Where is Daffodil Health based and how big is it?
Daffodil Health is based in San Francisco, California, United States.
Who are the decision-makers at Daffodil Health?
Fundz holds 1 contact at Daffodil Health. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Health Care and Artificial Intelligence around the same time

Companies in the same sectors as Daffodil Health that raised within 45 days of this round, from Fundz verified event records.

  • Jimini Health raised $17M (Seed) on April 3, 2026.
  • Insight Health AI raised $11M (Series A) on April 3, 2026.
  • Omniscient raised $4.1M (Pre-Seed) on April 2, 2026.
  • Long Tail raised an undisclosed amount (Corporate Round) on April 1, 2026.
  • Coral raised $3.2M (Seed) on March 31, 2026.
  • Stratum Biosciences raised $2M (Seed) on March 30, 2026.

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Company Information

Company

Daffodil Health

Location

San Francisco, California, United States

About

Daffodil was founded by a group of passionate healthcare and technology experts with the lofty mission of using technology, data and AI to automate healthcare pricing processes and reduce administrative spend. The company’s first application, an AI/LLM-enabled SaaS Repricer, was launched in 2024. The application is focused on automating the out-of-network (OON) and Reference Based Pricing (RBP) repricing processes end-to-end.

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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

Daffodil 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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