Funding round
Sword Health Seed
Sword Health, which works in AI-Driven healthcare solutions development in New York, raised $4.6M in a Seed round announced on 16 Apr 2018, led by Green Innovations and Vesalius Biocapital. 2 firms took part. It is Sword Health's first venture round on record.
$4.6M
Amount raised
Not disclosed
Post-money valuation
2
Investors
2 leads
Valuation
What this round says about the price
Sword Health did not disclose a valuation in this round. It is Sword Health's first venture round on record, 3 years after it was founded in 2015. It is 1.0% of the $456M Sword Health has raised in the venture rounds on record. Sword Health raised again 12 months later: a Series A round of $8.0M in Apr 2019. Its next priced round, a Series C in Jul 2021, valued it at $500M.
Sword Health's funding rounds
Sword Health has 7 venture rounds on record. This one is highlighted.
- Seed this round 16 Apr 2018, led by Green Innovations and Vesalius Biocapital $4.6M
- Series A 16 Apr 2019, led by Khosla Ventures $8.0M
- Series B 1 Feb 2021, led by Transformation Capital $25M
- Series C 6 Jul 2021, led by General Catalyst $85M$500M post-money
- Series D 22 Nov 2021, led by Sapphire Ventures $163M$2.00B post-money
- Growth 4 Jun 2024, led by Khosla Ventures $130M$3.00B post-money
- Growth 17 Jun 2025, led by General Catalyst $40M$3.93B post-money
Investors
Who put money in
Green Innovations and Vesalius Biocapital led the round.
Lead investors
- new investor
- backs 8 venture-backed companies 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 and scaling operations.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
11 Seed rounds in Health Care Services within a year either side disclosed an amount; the median was $3.0M, and this round was 1.5 times the median. The closest in time, other companies' Seed rounds in Health Care Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Health Care Services | 20 Mar 2018 | $4.0M | not disclosed | Greycroft |
| Health Care Services | 4 Mar 2018 | $1.0M | not disclosed | not named |
| Health Care Services | 25 Aug 2018 | $7.5M | not disclosed | not named |
| Health Care Services | 9 Oct 2018 | $2.0M | not disclosed | not named |
| Health Care Services | 11 Nov 2018 | $1.7M | not disclosed | Target Global |
| Health Care Services | 30 Nov 2018 | $300K | not disclosed | not named |
| Health Care Services | 13 Dec 2018 | $11M | not disclosed | not named |
| Ro Health Care Services | 3 Aug 2017 | $3.0M | not disclosed | not named |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Sword Health raise in its Seed round?
Sword Health raised $4.6M in its Seed round, announced in Apr 2018.
Who led Sword Health's Seed round?
Green Innovations and Vesalius Biocapital led it.
What was Sword Health's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Health Care Services?
11 Seed rounds in Health Care Services within a year either side disclosed an amount; the median was $3.0M, and this round was 1.5 times the median.
Did Sword Health raise again after this round?
Yes: a Series A round in Apr 2019 of $8.0M.