[Funding News] NYC-based K Health Secures $50M in Funding

K Health, the leading AI Primary Care platform has secured $50M funding led by Claure Group, with participation from investors including Pablo Legorreta (founder and CEO of Royalty Pharma), and existing investors Mangrove Capital Partners, Valor Equity Partners, and Atreides Management, LP.

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The K Health platform includes a clinical grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment, and focus on patient care.

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“K Health solves the need to make primary care visits highly personalized by giving doctors AI super powers that enable them to practice at the top of their license. Our primary care platform offers a concierge medical experience, with an assigned provider and 24/7 access to care. When partnered with leading health systems like Cedars-Sinai, this model creates significant benefits to access, clinical outcomes, and patient experience. All you need to get care is your health insurance, a stark contrast to concierge medicine services that typically cost thousands of dollars,” said Allon Bloch, founder and CEO of K Health.

“As I invest in the AI landscape, I have found it incredibly difficult to discover companies making tangible, real-world progress with AI,” Marcelo Claure, Founder and CEO of Claure Group, said. “K Health is the first company I’ve seen successfully using AI to impact millions of lives. They are addressing some of healthcare’s greatest challenges by providing accessibility to faster, higher-quality, lower cost care on a large scale.”

About K Health

Founded in 2016, K Health, headquarter in New York, is the AI-driven Primary Care company on a mission to give everyone access to high-quality healthcare. Our 24/7 virtual primary care solution is available to millions of people in the U.S. through leading health systems and insurers, as well as through a direct-to-consumer mobile app.