Funding round
Strive Health Series D
Strive Health, which works in value-based kidney care solutions in Denver, raised $550M in a Series D round announced on 9 Sep 2025, led by New Enterprise Associates and Hercules Capital, at a $1.80B post-money valuation. 8 firms took part, 3 of them already investors. It is Strive Health's third venture round on record; the one before was a Series C in May 2023.
$550M
Amount raised
$1.80B
Post-money valuation
$1.25B pre-money
8
Investors
2 leads
31%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Strive Health at $1.80B after the new money. The $550M bought investors about 31% of the company. It came 28 months after Strive Health's Series C. It is 64% of the $856M Strive Health has raised in the venture rounds on record. No later venture round is on record for Strive Health.
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 and Hercules Capital led the round with 6 other firms. New Enterprise Associates, CVS Health Ventures and CapitalG had backed Strive Health before.
Lead investors
- New Enterprise Associates backs 286 venture-backed companies existing investor
- backs 29 venture-backed companies new investor
Also in the round
- CVS Health Ventures existing investor
- CapitalG backs 70 venture-backed companies existing investor
- backs 25 venture-backed companies new investor
- backs 25 venture-backed companies new investor
- Redpoint Ventures backs 194 venture-backed companies new investor
- BlackRock, Inc. new investor
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
The closest in time, other companies' Series D rounds in Health Care Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Health Care Services | 25 Sep 2025 | $97M | $1.00B | not named |
| Health Care Services | 3 Feb 2026 | $100M | $1.00B | Goodwater Capital |
| Health Care Services | 22 Sep 2024 | $75M | not disclosed | not named |
Sources
Where this comes from
Reported by 4 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Strive Health raise in its Series D round?
Strive Health raised $550M in its Series D round, announced in Sep 2025.
Who led Strive Health's Series D round?
New Enterprise Associates and Hercules Capital led it, with CVS Health Ventures, CapitalG, Echo Health Ventures, Town Hall Ventures and Redpoint Ventures and 1 more.
What was Strive Health's valuation at the Series D round?
$1.80B post-money ($1.25B pre-money).