# Laguna Health

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

- Industry: Healthcare IT
- Headquarters: San Francisco, US
- Website: www.lagunahealth.com
- Total disclosed funding: $22M
- Latest round: Series A (May 16, 2023)
- Investors on record: 4

## About

Laguna Health Inc. is a U.S.-based company that specializes in providing advanced conversational AI solutions tailored for the healthcare sector, enhancing operational efficiency and care team interactions.Founded in 2020 and headquartered in San Francisco, US, Laguna Health Inc. innovates within the healthcare technology space by delivering automated solutions for care management. The company has secured funding through two deals, with the most recent being a Series A round on May 16, 2023, where it raised USD 15.000 mn from investors HC9 Ventures and SemperVirens Venture Capital. Its current valuation stands at USD 47.320 mn, reflecting the growing demand for its services in the healthcare industry. The CEO of the company, Yoni Shtein, is one of the co-founders alongside Yael Adam.Laguna's primary offerings are innovative conversational AI solutions designed specifically for healthcare environments, including BPOs, TPAs, and Care Navigators. These products aim to enhance operational efficiency by streamlining calls and documentation, allowing care teams to focus on delivering high-quality member interactions. Key features include automated member detail capture, dynamic care pathways to guide team responses, and real-time insights into team performance. Laguna's products, such as Laguna Insight and Laguna Companion, provide comprehensive support for care management, coaching, and training, effectively addressing the challenges of high administrative burdens faced by care professionals. The company serves a diverse client base that includes health plans and virtual care management organizations, primarily within the United States and select other international markets.Laguna generates revenue through a subscription-based model, offering clients tiered pricing structures for its AI-powered products. Clients enter partnerships that typically involve long-term commitments, enabling continuous access to the company's software enhancements and customer support services. The firm’s flagship products, including Laguna Insight, are designed to deliver significant value to clients, translating operational efficiencies into measurable outcomes. This revenue model allows clients to minimize administrative costs while maximizing their care team's productivity. Specific pricing details for individual products and services are established during the onboarding process, tailored to meet the unique needs of each client organization.Following the Series A funding raised in May 2023, Laguna Health Inc. plans to utilize the USD 15.000 mn investment to enhance its artificial intelligence technology in the care management context and expand its go-to-market strategy. The company is focused on developing new products aimed at improving care management processes and is exploring expansion into additional geographic markets, particularly targeting regions that demonstrate a growing need for healthcare solutions. Specific timelines for product releases and market entries will be determined as the company progresses with its development initiatives.

## Funding rounds

- Series A, May 16, 2023, $15M — SemperVirens, HC9 Ventures
- Seed, Sep 24, 2020, $6.6M — Pitango, LionBird

## Investors

- Pitango (https://capitalatlas.ai/funds/pitango) — Seed
- LionBird (https://capitalatlas.ai/funds/lionbird) — Seed
- SemperVirens (https://capitalatlas.ai/funds/sempervirens) — Series A
- HC9 Ventures (https://capitalatlas.ai/funds/hc9-ventures) — Series A