Funding

AI Startup Onos Health Raises $17M in Series A Funding

Aug 27, 2026 | By Devin Jacobs

SUMMARY

Onos Health raised $17M in Series A funding.
The funding will support AI platform expansion.
Onos Health builds AI tools for behavioral healthcare.

Onos Health, a San Francisco, CA-based behavioral health clinical intelligence platform for health plans, has raised $17 million in a Series A funding round led by Costanoa Ventures.

The round also saw participation from Flare Capital Partners and strategic investment from CVS Health Ventures.

The company plans to use the funding to expand its AI platform and scale deployments with national and regional health plans.

Funding Snapshot

Metric	Details
Fundraise Amount	$17 million
Funding Stage	Series A
Valuation	Not disclosed
Company	Onos Health
Sector	HealthTech / Behavioral Health AI
Headquarters	San Francisco, California, USA
Lead Investor	Costanoa Ventures

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About Onos Health

Founded by Akshay Agrawal, Josh Levitan and Suhaas Prasad, Onos Health develops AI powered clinical intelligence tools for health plans. The platform helps insurers understand behavioral healthcare quality, and identify better care pathways for their members.

The company has built a large behavioral health care quality database and developed proprietary AI models with health plans and medical experts.

Core offerings include:

Behavioral health analytics
Clinical intelligence
Care quality analysis
Treatment gap identification
Provider network insights
AI-powered care pathway analysis

Core Technologies / Products / Services

Capability/Product	Application/Use Case
AI Platform	Analyzes behavioral health data
Claims Analysis	Identifies utilization and care patterns
Clinical Documentation Analysis	Extracts insights from unstructured records
Quality Guidelines	Helps assess care against quality standards
Care Pathway Intelligence	Identifies potential treatment gaps

Leadership Comments

"Behavioral health care quality is difficult to understand and manage because it is recorded in unstructured clinical documentation which legacy solutions cannot process," said Akshay Agarwal, co-founder and CEO of Onos Health.

"Behavioral health populations are often complex and require dedicated focus and coordination with health care providers to improve outcomes and affordability," said Alyssa Reisner, Vice President and General Partner, CVS Health Ventures. "Onos Health helps surface actionable clinical insights from data that has historically been difficult to interpret.