# Memora Health

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

- Industry: Healthcare IT
- Headquarters: San Francisco, US
- Website: www.memorahealth.com/
- Total disclosed funding: $72M
- Latest round: Series A (Apr 18, 2023)
- Investors on record: 22

## About

Based in California, US, and founded in 2017 by CEO Manav Sevak and CTO Kunaal Naik, Memora Health Inc. operates as a healthtech company providing intelligent care enablement platform for supporting care teams and patients. In April 2023, Memora Health Inc. raised USD 30 million in a Series A funding led by General Catalyst Partners, with participation from Northwell Ventures, PagsGroup, Andreessen Horowitz, Frist Cressey Ventures, Edward-Elmhurst Healthcare and Transformation Capital. The series A funding values Memora Health Inc. at USD 378.37 million post-money. In June 2023, Memora Health Inc. raised venture funding from Memorial Hermann Health System Endowment Fund. In December 2024, Commure, Inc. a portfolio company of FJ Labs, General Catalyst Partners, Greenoaks Capital, amd Human Capital, acquired Memora Health Inc. from AlleyCorp, Andreessen Horowitz, B Capital Group, Basement Fund, C3 Ventures, Contrary, Dorm Room Fund, Duro Ventures, Edward-Elmhurst Healthcare, Foundation Capital, Frist Cressey Ventures, General Catalyst Partners, Health-a-vation, Martin Ventures, Memorial Hermann Health System Foundation, Northwell Holdings, Operator Partners, PagsGroup, Rough Draft Ventures, Shrug Capital, Thirty5 Ventures, Transformation Capital, and Y Combinator. Financial terms of the transaction were not disclosed.

Memora Health Inc. developed an artificial intelligence-based platform, that unifies fragmented health care data to enable providers, payors, and life science companies to automate care delivery operations such as patient communication, documentation, and reimbursement. The company leverages artificial intelligence to digitize existing care delivery workflows, giving clinicians infrastructure that learns from every encounter they have. In addition, the firm supports a variety of virtual care systems such as maternal care, surgical care, gastrointestinal care, cancer care, chronic care management, population health, transitions of care, and many more. As of 2024, it offers a mobile application platform for smartphone users.

## Funding rounds

- Series A, Apr 18, 2023, $30M — General Catalyst Partners, Andreessen Horowitz, Transformation Capital, Northwell Holdings, Frist Cressey Ventures, Edward-Elmhurst Healthcare, PagsGroup
- Series A, Feb 14, 2022, $40M — Foundation Capital, Andreessen Horowitz, Martin Ventures, Dorm Room Fund, Transformation Capital, B Capital, Frist Cressey Ventures, Edward-Elmhurst Healthcare, Shrug Capital, Thirty5 Ventures, AlleyCorp, Operator Partners, Basement Fund, Duro Ventures, Health-a-vation
- Seed, Apr 1, 2018, $1.7M — Foundation Capital, Y Combinator, Rough Draft Ventures, Contrary, C3 Ventures

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed, Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Rough Draft Ventures (https://capitalatlas.ai/funds/rough-draft-ventures) — Seed
- Contrary (https://capitalatlas.ai/funds/contrary) — Seed
- C3 Ventures (https://capitalatlas.ai/funds/c3-ventures) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- Martin Ventures (https://capitalatlas.ai/funds/martin-ventures) — Series A
- Dorm Room Fund (https://capitalatlas.ai/funds/dorm-room-fund) — Series A
- Transformation Capital (https://capitalatlas.ai/funds/transformation-capital) — Series A
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series A
- Frist Cressey Ventures (https://capitalatlas.ai/funds/frist-cressey-ventures) — Series A
- Edward-Elmhurst Healthcare — Series A
- Shrug Capital (https://capitalatlas.ai/funds/shrug-capital) — Series A
- Thirty5 Ventures (https://capitalatlas.ai/funds/thirty5-ventures) — Series A
- AlleyCorp — Series A
- Operator Partners — Series A
- Basement Fund (https://capitalatlas.ai/funds/basement-fund) — Series A
- Duro Ventures (https://capitalatlas.ai/funds/duro-ventures) — Series A
- Health-a-vation — Series A
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A
- Northwell Holdings (https://capitalatlas.ai/funds/northwell-holdings) — Series A
- PagsGroup — Series A