Parakeet Health has raised $10 million in a Series A funding round led by Canvas Ventures to expand its AI platform for healthcare. The company aims to enhance patient access and service to six of the nation's largest dermatology groups.
PRIVATEOct 01, 2026
Amount Raised
$10 Million
Round Type
Series A
San FranciscoInformation TechnologyHealth CareArtificial IntelligenceCall Center
Investors
Hmc InqStoryhouse VenturesBlank Space VenturesCanvas Ventures
Description
Parakeet Health recently announced an oversubscribed $10 million Series A led by Canvas Ventures, with participation from Blank Space Ventures, StoryHouse Ventures, and HMC INQ. The funding follows notable 10x growth in annual recurring revenue and will support the company's unified AI platform. Parakeet aims to improve patient communication and care efficiency across healthcare organizations. This funding increases their total capital raised to $13 million.
Company Information
Company
Parakeet Health
Location
San Francisco, California, United States
About
Parakeet Health is an AI patient communication technology company focused on enhancing the patient experience through its intelligent call center solutions. The company aims to address staffing challenges and reduce revenue leakage for healthcare providers with its AI-driven system that manages patient communications. Parakeet's technology enables appointment scheduling, referral management, billing assistance, and answers frequently asked questions in multiple languages. Led by experienced health tech executives, Parakeet leverages its expertise to provide an efficient and responsive communication platform for healthcare organizations.
Fundz sees it the moment Parakeet Health raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
San FranciscoInformation TechnologyHealth CareArtificial IntelligenceCall Center