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Funding round

Neko Health Series B

Neko Health, which works in preventive healthcare services in Stockholm, raised $260M in a Series B round announced on 23 Jan 2025, led by Lightspeed Venture Partners, at a $1.80B post-money valuation. 6 firms took part. It is Neko Health's second venture round on record; the one before was a Series A in Jul 2023.

$260M

Amount raised

$1.80B

Post-money valuation

6

Investors

1 lead

14%

Stake sold

new money over the post-money

Valuation

What this round says about the price

This round priced Neko Health at $1.80B after the new money. The $260M bought investors about 14% of the company. It came 18 months after Neko Health's Series A. It is 25% of the $1.03B Neko Health has raised in the venture rounds on record. Neko Health raised again 18 months later: a Series C round of $700M in Jul 2026, at $7.00B post-money.

Neko Health's funding rounds

Neko Health has 3 venture rounds on record. This one is highlighted.

  1. Series A 5 Jul 2023, led by Lakestar $65M
  2. Series B this round 23 Jan 2025, led by Lightspeed Venture Partners $260M$1.80B post-money
  3. Series C 15 Jul 2026, led by Lightspeed Venture Partners and O.G. Venture Partners $700M$7.00B post-money

Investors

Who put money in

Lightspeed Venture Partners led the round with 5 other firms.

Lead investor

Also in the round

  • General Catalyst backs 574 venture-backed companies new investor
  • backs 13 venture-backed companies new investor
  • Rosello new investor
  • Lakestar backs 95 venture-backed companies new investor
  • Atomico backs 123 venture-backed companies new investor

Joined the board: Bejul Somaia (Lightspeed Venture Partners).

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.

  • Product development
  • Geographic expansion
  • Sales and marketing
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

14 Series B rounds in Health Care Services within a year either side disclosed an amount; the median was $22M, and this round was 12 times the median. The closest in time, other companies' Series B rounds in Health Care Services:

Series B rounds in Health Care Services, Jan 2024 to Jan 2026: 14 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Health Care Services24 Jan 2025$26Mnot disclosedIndex Ventures
Health Care Services8 Jan 2025$20Mnot disclosedMehshah Capital
Health Care Services1 Mar 2025$23Mnot disclosedLRVHealth and McKesson Ventures
Health Care Services3 Apr 2025$60Mnot disclosedMenlo Ventures
Health Care Services24 Oct 2024$32Mnot disclosedGV
Health Care Services1 Oct 2024$20Mnot disclosedaMoon
Health Care Services15 May 2025$60Mnot disclosedOak HC/FT
Health Care Services20 May 2025$21Mnot disclosedBertelsmann India Investments

Sources

Where this comes from

Reported by 8 sources.

Questions

Frequently asked

How much did Neko Health raise in its Series B round?

Neko Health raised $260M in its Series B round, announced in Jan 2025.

Who led Neko Health's Series B round?

Lightspeed Venture Partners led it, with General Catalyst, O.G. Venture Partners, Rosello, Lakestar and Atomico.

What was Neko Health's valuation at the Series B round?

$1.80B post-money.

How does it compare with other Series B rounds in Health Care Services?

14 Series B rounds in Health Care Services within a year either side disclosed an amount; the median was $22M, and this round was 12 times the median.

Did Neko Health raise again after this round?

Yes: a Series C round in Jul 2026 of $700M at $7.00B post-money.