Healthleap, a startup using AI to analyze hospital patient records, has raised $38 million in combined seed and Series A funding. The $8 million seed round was co-led by Sequoia Capital and First Round Capital, while the $30 million Series A was led by Hummingbird Ventures. The company did not disclose its valuation.
Founded in South Africa in 2022 by siblings Jemima and Josiah Meyer, Healthleap initially built a clinical nutrition tool before pivoting to a broader platform. The system reads electronic health records, pulling information from clinicians' written notes—such as mentions of weight loss or difficulty swallowing—and combines it with structured data like lab results and vitals to flag patients who may have undiagnosed conditions like malnutrition or delirium.
The platform is now deployed in more than 50 hospitals, including Penn Medicine, Cedars-Sinai, and Houston Methodist. Healthleap claims revenue grew more than 10x over the past year and says every customer has seen at least 5x hard ROI, with some exceeding 20x. The company plans to use the new funding to expand engineering, product, sales, and customer success, aiming to cover more than 40 health conditions and eventually move into outpatient and home care.