Funding

California-Based Prosper Medical Scores $16M in Funding Round

Jul 24, 2026 | By Devin Jacobs

Prosper Medical, a San Francisco, CA-based provider of an AI-powered concierge primary care platform, has raised $16 million in a financing round led by FUSE.

SUMMARY

  • Prosper Medical raised $16 million in a funding round led by FUSE.
  • Prosper Medical is an AI-powered healthcare company that helps doctors provide personalized primary care by combining AI with experienced physicians.
  • The funding will help expand its physician network, improve its AI platform, and support growth into new markets.

The round also saw participation from Aurum Partners, Better.vc, Cal Innovation Fund, Fluent, Latitude Capital, Knoll Ventures, and WTI.

The company will use the funding to expand its physician network, improve its AI platform, and support growth into new markets.

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Prosper uses AI to support doctors, not replace them. Its platform brings together patient health records, tracks care, and keeps important information connected between appointments. This helps doctors provide more personalized care, while AI, and a Care Concierge team offer extra support when needed.

Unlike many membership-based healthcare services, Prosper works with major insurance plans, making it more affordable for more people. The company already serves thousands of patients across all 50 U.S. states, as more people look for a personalized and proactive healthcare experience.

"After building and selling PlushCare, Ryan and James could have worked on almost anything," said Brendan Wales, General Partner at FUSE. "Instead, they came back to one of healthcare's most important unsolved problems: giving every patient access to a physician who truly knows them. James and Ryan have already proven they can earn patient trust at scale.

"Medicine has always been at its best when a physician truly knows their patient, and actually listens to and cares deeply about them," said Dr. James Wantuck, Co-Founder, and Chief Medical Officer. "That relationship used to require either extraordinary luck or extraordinary wealth. AI removes those constraints. Now it just takes having a doctor on Prosper."

"When we built PlushCare, we learned that making appointments easier wasn't enough," said Ryan McQuaid, Co-Founder and CEO of Prosper Medical. "The real challenge is everything that happens after a patient leaves the visit. Following up on test results, finding the right specialist, collecting comprehensive health data, and preventing major problems before they arise.

About Prosper Medical

Founded in 2026, by Ryan McQuaid and Dr James Wantuck, Prosper Medical is an AI powered healthcare platform that makes personalized care easier to access. Available in all 50 US states, and accepted by many major insurance plans, Prosper combines experienced doctors with AI to coordinate care, organize health data, and build long term relationships with patients.

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