# Keebler Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/keebler-health

- Industry: Software
- Headquarters: Durham, US
- Website: www.keebler.health
- Total disclosed funding: $24M
- Latest round: Series A (Apr 15, 2026)
- Investors on record: 12

## About

Keebler Health is an innovative healthcare technology company specializing in AI-driven risk adjustment solutions that enhance coding accuracy, clinical documentation improvement, and auditing processes for healthcare providers and payers. Founded in 2023 in Durham, US, Keebler Health focuses on developing advanced risk adjustment platforms for healthcare organizations. The founder possesses a background in technology startups, though details of prior ventures are not stated. Keebler Health offers an AI-first risk adjustment platform designed to enhance the efficiency and accuracy of healthcare coding, clinical documentation improvement (CDI), and auditing processes. The platform integrates data from various sources, including traditional faxes and modern FHIR formats, to provide comprehensive risk adjustment opportunities that support healthcare providers in optimizing patient care and outcomes. Key functionalities include pre-visit planning, HCC coding workflows, and advanced data transformation technologies to ensure that clients can manage incomplete patient data sets effectively. The primary customer base consists of risk-bearing entities, such as healthcare providers and payers, primarily operating within the United States, who utilize these tools to ensure compliance and improve financial performance through better risk adjustment and revenue cycle management. Keebler Health generates revenue primarily through subscription-based models for its AI-driven risk adjustment services, tailored specifically for healthcare organizations. Clients engage in partnerships with Keebler Health to access its platform, which may involve tiered subscription plans based on the size and needs of the healthcare entity. Transactions typically involve ongoing service agreements that provide continuous support and updates to the platform, ensuring clients can adapt to changing healthcare regulations and practices. The company’s flagship offerings, including its HCC coding workflow and data integration solutions, are critical to the value proposition presented to clients, who benefit from improved operational efficiencies and enhanced patient care metrics. In April 2026, Keebler Health, Inc. raised USD 16 million in series A funding led by Flare Capital Partners, with participation from TAU Ventures, Everywhere Ventures, Triangle Tweener Fund, Aviano Ventures, Hustle Fund, Sands Capital Alternatives, New Stack Ventures, Freestyle VC, Underdog Labs, and MBX Capital. The company plans to use the April 2026 funding to expand its team, support commercial growth, and scale its LLM-native risk adjustment platform and infrastructure for value-based care organizations.

## Funding rounds

- Series A, Apr 15, 2026, $16M — Freestyle VC, Sands Capital Alternatives, New Stack Ventures, Hustle Fund, Flare Capital Partners, TAU Ventures, Everywhere Ventures, MBX Capital, Underdog Labs, Triangle Tweener Fund
- Seed, Nov 22, 2024, $7.8M — Ludlow Ventures, Freestyle VC, New Stack Ventures, Hustle Fund, Everywhere Ventures, MBX Capital, Underdog Labs, Triangle Tweener Fund, Primordial Ventures

## Investors

- Ludlow Ventures (https://capitalatlas.ai/funds/ludlow-ventures) — Seed
- Freestyle VC (https://capitalatlas.ai/funds/freestyle-vc) — Seed, Series A
- New Stack Ventures (https://capitalatlas.ai/funds/new-stack-ventures) — Seed, Series A
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Seed, Series A
- Everywhere Ventures (https://capitalatlas.ai/funds/everywhere-ventures) — Seed, Series A
- MBX Capital (https://capitalatlas.ai/funds/mbx-capital) — Seed, Series A
- Underdog Labs (https://capitalatlas.ai/funds/underdog-labs) — Seed, Series A
- Triangle Tweener Fund (https://capitalatlas.ai/funds/triangle-tweener-fund) — Seed, Series A
- Primordial Ventures (https://capitalatlas.ai/funds/primordial-ventures) — Seed
- Sands Capital Alternatives (https://capitalatlas.ai/funds/sands-capital-alternatives) — Series A
- Flare Capital Partners (https://capitalatlas.ai/funds/flare-capital-partners) — Series A
- TAU Ventures — Series A