Digital care navigation startup Garner Health has raised $100 million in a Series E funding round, pushing the company’s valuation to $2.74 billion.
The latest round was led by Index Ventures, with participation from existing investors including Kleiner Perkins, Redpoint Ventures, Thrive Capital, Sequoia Capital, Founders Fund and Kaiser Permanente Ventures. The funding comes just three months after Garner announced a $118 million Series D round in February.
“The American healthcare system pays doctors to do things to you, not for you. Garner is quietly fixing that,” said Jahanvi Sardana, partner at Index Ventures, in a statement.
“By using AI to make physician quality measurable for the first time, they’ve built the market mechanism healthcare always needed—one where employers, hospitals and patients can finally see who delivers better outcomes, and the system rewards them for it. It’s one of the most important applications of AI in healthcare today,” Sardana added.
Founded in 2019, Garner Health helps employers and employees identify high-quality, cost-effective healthcare providers through advanced data analytics while offering financial incentives for patients to choose top-performing physicians.
The company analyzes deidentified data from more than 60 billion medical records spanning 320 million patients to determine which doctors deliver the best outcomes at the lowest cost. Garner’s evaluation model also identifies physicians who follow evidence-based care practices, avoid unnecessary procedures and help patients recover more efficiently.
The startup has established partnerships with leading healthcare organizations, including Mercy, Atlantic Health System, Teladoc Health and Marathon Health.
According to the company, the newly raised capital will be used to expand its provider quality platform, accelerate AI-powered product innovation and broaden access to Garner’s services for new members.
“Healthcare doesn’t change through incremental tweaks—it changes when consumers finally have the information and incentives they need to make better decisions about their care,” said Nick Reber, CEO of Garner Health.
“Our mission at Garner is to fundamentally realign the system around quality by empowering people to choose the doctors who deliver the best outcomes. When you give consumers the right data and align incentives around better care, the entire healthcare system will change for the better,” Reber added.
