Rainfall Health, a San Francisco, CA-based provider of an AI-driven compliance and reimbursement platform for hospitals and medical groups, has raised $15 million in a Series A funding round led by Two Bear Capital.
The round also attracted other investors.
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The company plans to use the funds to grow its operations and continue developing its products.
Rainfall Health is an AI-powered platform that helps hospitals and medical groups manage compliance and reimbursement. It serves as a single guide for navigating today’s changing reimbursement rules. Instead of treating compliance as a burden, Rainfall Health helps providers see it as an opportunity to improve care and expand patient access.
Several hospitals and medical groups are already using the platform. It focuses on increasing healthcare access, improving hospital workflows, and meeting regulatory requirements — all to deliver better patient outcomes.
This new CMS rule encourages hospitals and health systems to improve quality outcomes for the five most expensive surgeries: lower extremity joint replacement, spinal fusion, coronary artery bypass graft, major bowel procedures, and hip or femur fracture treatment. By meeting these quality standards, hospitals can increase revenue from these services by up to 20%, potentially generating more than $100 million in new revenue for each health system.
“Hospitals have a strong opportunity to grow their revenue by providing high-quality care after surgery, including regular check-ins, clear instructions for patients, and follow-up from clinicians,” said Eddie Qureshi, CEO and Founder of Rainfall Health. “By expanding our AI and implementation teams, we’ll help our partners take full advantage of this CMS opportunity while delivering a consistent patient experience. This funding is an important step as we work to build the country’s first recognized standard for outcome-based care.”
“Creating an AI platform that helps hospitals and health systems better collect, organize, and report patient outcomes will change how they manage reimbursement,” said Mark Adams, PhD, Partner at Two Bear Capital. “It will bring new value to patients and providers, and it’s a strong addition to our portfolio. We’re excited to see Rainfall expand as more U.S. hospitals adopt its platform to meet the detailed infrastructure requirements required under TEAM.”
“Rainfall is helping providers across the country connect with patients and achieve their goals at a scale the industry hasn’t seen before,” said David Shulkin, M.D., the ninth U.S. Secretary of Veterans Affairs and Chair of the RAIN Advisory Committee. “Eddie and his team are strongly committed to advancing value-based care and helping hospitals align financial incentives with better patient outcomes. This funding will allow Rainfall to speed up its rollouts as TEAM requirements take effect this year.”
Rainfall Health remains focused on its mission to use AI to help patients everywhere access high-quality medical care. As the outcome-based care model under TEAM expands in 2026 and beyond, the platform will continue to support hospitals across the country and help drive a stronger shift toward value-based care.
About Rainfull Health
Founded by CEO Eddie Qureshi, Rainfall Health is an AI-powered compliance and reimbursement platform that helps hospitals and medical groups manage new value-based care models, such as CMS’s TEAM program, and meet key care and case management goals. The company is creating a new national standard for required care-model compliance through its RAIN Compliant™ designation, an AI-enabled framework used by hospitals, payers, and clinical partners preparing for the January 1, 2026, TEAM launch. Rainfall works with health system leaders, physician groups, and post-acute partners to simplify complex regulations, improve care quality, and help unlock new Medicare revenue opportunities.
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