Funding round
Sword Health Series A
Sword Health, which works in AI-Driven healthcare solutions development in New York, raised $8.0M in a Series A round announced on 16 Apr 2019, led by Khosla Ventures. 1 firm took part. It is Sword Health's second venture round on record; the one before was a Seed in Apr 2018.
$8.0M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Sword Health did not disclose a valuation in this round. It came 12 months after Sword Health's Seed. It is 1.8% of the $456M Sword Health has raised in the venture rounds on record. Sword Health raised again 22 months later: a Series B round of $25M in Feb 2021. 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 16 Apr 2018, led by Green Innovations and Vesalius Biocapital $4.6M
- Series A this round 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
Khosla Ventures led the round.
Lead investor
- Khosla Ventures backs 396 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, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
25 Series A rounds in Health Care Services within a year either side disclosed an amount; the median was $8.0M, and this round was close to the median. The closest in time, other companies' Series A rounds in Health Care Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Health Care Services | 1 May 2019 | $5.0M | not disclosed | not named |
| Health Care Services | 24 May 2019 | $2.9M | $58M | not named |
| Health Care Services | 13 Jun 2019 | $32M | not disclosed | HPE Growth |
| Health Care Services | 6 Jun 2019 | $15M | not disclosed | BIP Capital |
| Health Care Services | 27 Feb 2019 | $10M | not disclosed | Greycroft |
| Health Care Services | 28 Feb 2019 | $8.0M | not disclosed | Tiger Global |
| Health Care Services | 8 Jul 2019 | $2.5M | not disclosed | Blume Ventures |
| Health Care Services | 17 Dec 2018 | $10M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Sword Health raise in its Series A round?
Sword Health raised $8.0M in its Series A round, announced in Apr 2019.
Who led Sword Health's Series A round?
Khosla Ventures led it.
What was Sword Health's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Health Care Services?
25 Series A rounds in Health Care Services within a year either side disclosed an amount; the median was $8.0M, and this round was close to the median.
Did Sword Health raise again after this round?
Yes: a Series B round in Feb 2021 of $25M.