Funding

Sidhartha Sinha Co-Founded Nara Health Raises $14M in Total Funding

Sep 15, 2026 | By Devin Jacobs

SUMMARY

Nara Health raised $14M in total funding.
Funds will support AI and care services.
Nara Health is an AI-powered TPA platform.

Nara Health (fka Avant Health), a Chicago, IL-based provider of an AI-native Third Party Administration (TPA) platform for employer health insurance, has raised $14 million in total funding across Pre-Seed and Seed funding rounds led by Khosla Ventures.

The rounds also saw participation from Long Journey Ventures, Superior Studios, and other investors and angels.

The company plans to use the funding to expand its AI-native member experience, scale care orchestration and accelerate personalized health plans for employers.

Funding Snapshot

Metric	Details
Total Funding	$14 million
Funding Stage	Pre-Seed and Seed
Valuation	Not disclosed
Company	Nara Health
Former Name	Avant Health
Sector	Health Insurance / Healthcare AI

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About Nara Health

Founded in 2023 by Sidhartha Sinha, Nara Health is an AI-native third-party administrator focused on changing how employer-sponsored health insurance is managed and experienced.

The platform brings benefits administration, claims processing, care orchestration and member support together in one system. It uses AI and healthcare data to help employees access appropriate care while helping employers manage healthcare costs.

Core offerings include:

AI-native member experience
Claims processing
Care orchestration
Health plan administration

Core Technologies / Products / Services

Capability/Product	Application/Use Case
AI-Native Member Experience	Helps members navigate health benefits
Care Orchestration	Coordinates healthcare journeys
Claims Processing	Supports faster claims administration
Alternative Health Plans	Helps employers design lower-cost health benefits

Leadership Comments

"I've seen healthcare from every angle, from designing hospitals and care delivery models to building AI products for hospital systems and insurers, and from my wife's perspective as a hospitalist. What I've witnessed time and time again is that our care has been limited by our coverage - that should never be the case," said Sidhartha Sinha, co-founder and CEO of Nara Health.

"Employer health plans have absorbed decades of cost increases with no real mechanism to push back on the underlying pricing," said Samir Kaul, Founding Partner and Managing Director at Khosla Ventures. "Sid and his team have the clinical chops to know exactly where those dollars are getting wasted, and the technical depth to actually rebuild the systems that decide how they're spent.