Funding round
Strive Health Series C
Strive Health, which works in value-based kidney care solutions in Denver, raised $166M in a Series C round announced on 31 May 2023, led by New Enterprise Associates. 7 firms took part, 6 of them already investors. It is Strive Health's second venture round on record; the one before was a Series B in Mar 2021.
$166M
Amount raised
Not disclosed
Post-money valuation
7
Investors
1 lead
Valuation
What this round says about the price
Strive Health did not disclose a valuation in this round. It came 26 months after Strive Health's Series B. It is 19% of the $856M Strive Health has raised in the venture rounds on record. Strive Health raised again 28 months later: a Series D round of $550M in Sep 2025, at $1.80B post-money.
Strive Health's funding rounds
Strive Health has 3 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
New Enterprise Associates led the round with 6 other firms. New Enterprise Associates, CapitalG, Echo Health Ventures and Town Hall Ventures and 2 more had backed Strive Health before.
Lead investor
- New Enterprise Associates backs 286 venture-backed companies existing investor
Also in the round
- CVS Health Ventures new investor
- CapitalG backs 70 venture-backed companies existing investor
- backs 25 venture-backed companies existing investor
- backs 25 venture-backed companies existing investor
- backs 83 venture-backed companies existing investor
- Redpoint Ventures backs 194 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Series C rounds in Health Care Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Health Care Services | 15 Mar 2023 | $42M | not disclosed | GV |
| Health Care Services | 12 Jul 2023 | $40M | not disclosed | BOND |
| Health Care Services | 14 Nov 2023 | $17M | not disclosed | not named |
| Health Care Services | 1 Jul 2022 | $38M | not disclosed | Goldman Sachs |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Strive Health raise in its Series C round?
Strive Health raised $166M in its Series C round, announced in May 2023.
Who led Strive Health's Series C round?
New Enterprise Associates led it, with CVS Health Ventures, CapitalG, Echo Health Ventures, Town Hall Ventures and Ascension and 1 more.
What was Strive Health's valuation at the Series C round?
It was not disclosed.
Did Strive Health raise again after this round?
Yes: a Series D round in Sep 2025 of $550M at $1.80B post-money.