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§ Private Profile · New York City, NY, USA
AI-driven primary care platform offering affordable medical care and optimized diagnosis via chat app for US consumers.
K Health is an AI-driven primary care platform providing accessible, affordable medical care via a chat-based app, headquartered in New York City with operations also in Israel. The company leverages predictive models and anonymized medical data to optimize diagnosis and treatment for its over 4 million users. It has raised a total of $375 million in funding, reaching a peak valuation of $1.4 billion in 2021. Claure Group recently led a $50 million round at a $900 million valuation, joining investors such as Valor Equity Partners and Mangrove Capital Partners. The company employs approximately 300 individuals, with 100 based in Israel. It was founded in 2016 by Allon Bloch, Adam Singolda, Ran Shaul, and Israel Roth. Its business model centers on freemium app model with free symptom checking, revenue from virtual visits covered by health insurance and partnerships with health systems like Cedars-Sinai and Mayo Clinic.
K Health has raised $404.5M across 9 funding rounds.
K Health has raised $404.5M in total across 9 funding rounds.
K Health has raised $404.5M across 9 funding rounds. Most recently, it raised $50.0M Other Equity in July 2024.
K Health has raised $404.5M in total across 9 funding rounds.
K Health's investors include Claure Group, Amadeus Capital Partners, Atreides Management, Rouz Jazayeri, Matt Ocko, Giza Polish Ventures, Lockheed Martin Ventures, Lux Capital, Mangrove Capital Partners, PICO Venture Partners, Christopher Muhr, GGV Capital.
K Health is a New York-based technology company founded in 2016 that delivers virtual primary care services via a mobile app, leveraging AI and data from sources like Mayo Clinic and Maccabi Healthcare Services.[1][2][3][5] It offers 24/7 access to primary care, urgent care, mental health treatment for anxiety and depression, medical weight management, and chronic condition management—primarily for adults—through text-based consultations with licensed providers, often without needing insurance.[1][2][3] The platform serves individual users, health systems, and insurers, addressing U.S. primary care shortages by providing affordable, data-driven care; it has expanded via partnerships like Hackensack Meridian Health and aims to scale to 10 million annual visits.[3][4][6]
Growth momentum includes evolution from a free symptom-checker app in 2018 to full virtual care by 2019, mental health entry in 2021, and recent focuses on adult-only services and AI predictive models for hypertension and cardiac care.[2][4][5] Backed by mission-driven investors, K Health operates in 48 states and powers apps for systems like Cedars-Sinai.[3][5]
K Health was founded in 2016 by Allon Bloch (CEO, former co-CEO of Wix.com and CEO of Vroom), Ran Shaul (Chief Product Officer), Israel Roth (former CTO), and Adam Singolda (Board Member, CEO of Taboola).[2][5] The idea emerged from Bloch's personal experience with his father's stroke, which exposed gaps in accessible medical information, prompting the team to build an AI-driven platform trained on millions of anonymized clinical records.[2]
Launched in 2018 as a free app (formerly Kang Health) for personalized health insights via chatbot "K," it gained early traction with data from Maccabi Healthcare Services and Mayo Clinic.[1][5] Pivotal moments include 2019's shift to direct-to-consumer acute care, 2020's Mayo Clinic partnership, 2021 acquisitions like Trusst for mental health and 48-state expansion, and 2024 deals like Hackensack Meridian for enterprise integration.[2][4][5]
K Health rides the AI-virtual care wave amid U.S. primary care crises—75 million in shortages, projected 87,000 physician gap by 2037—making timely, scalable telehealth essential as wait times lengthen.[4][6] Market forces like post-pandemic digital adoption, insurer demands for cost reduction, and Big Tech entrants (Amazon, Walgreens) favor its data-driven efficiency over traditional models.[4]
It influences the ecosystem by powering health system apps, fostering AI-healthcare integration (e.g., Mayo collaborations), and addressing access deserts, potentially looping virtual users into in-person care.[3][4][6] This positions K Health as a bridge in fragmented healthcare, enhancing outcomes while cutting costs through predictive tech.[1][3]
K Health's path forward centers on scaling to 10 million visits via partnerships over direct acquisition, tackling retention and costs amid intensifying competition.[4] Trends like AI advancements in preventive care (e.g., cardiac solutions) and health system digitization will propel growth, especially with regulatory tailwinds for telehealth.[4][5][6]
Its influence may evolve through M&A or deeper insurer embeds, solidifying AI as primary care's backbone—from symptom triage to ecosystem entry points—ultimately democratizing high-quality care as shortages worsen.[3][4][6] This builds on its mission: making world-class medicine accessible to all, starting with a father's health scare.