- Companies
- Arine
Last Arine valuation
$520M
Series C · May 2025
Last Arine funding round
$30M
Series C · May 2025
Cumulative funding Arine raised
$70M
across 3 funding rounds
Key investors in Arine
Katalyst Ventures
111° West Capital
New Leaf Venture Partners
Kaiser Permanente Ventures
Town Hall Ventures
MBX Capital
About Arine
Arine is a San Francisco-headquartered medication management platform that uses data analytics to detect risks in patient prescriptions and prevent adverse events. The service integrates with pharmacy systems to review drug interactions, dosages, and adherence, supporting clinicians in optimizing therapies for chronic conditions like diabetes and hypertension.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$520M (May 2025)
Arine Valuation
Arine is currently valued at $520M, based on its Series C in May 2025.
The $30M round was led by Town Hall Ventures, with participation from Kaiser Permanente Ventures.
Arine's valuation has grown 8.1x from $64M at its Series A in January 2021 to $520M in May 2025, across 2 priced rounds.
Arine valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2025 | Series C | $520M |
| Jan 2021 | Series A | $64M |
Arine Funding History
Arine has raised a total of $70M across 3 funding rounds.
Arine's first fundraising round was a $11M Series A in January 2021. The most recent completed round was a $30M Series C in May 2025.
Arine funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2025 | Series C | Town Hall Ventures (lead); Kaiser Permanente Ventures | $30M | $520M | Arine is a San Francisco-based AI-driven healthcare SaaS platform specializing in medication intelligence and optimization. It helps health plans and risk-bearing providers deliver personalized therapy solutions using large datasets to identify patients, recommend interventions, and measure outcomes, aiming to improve patient results and reduce costs amid financial and regulatory pressures in healthcare. Arine raised $30 million in its Series C funding round in June 2025, led by Town Hall Ventures with participation from Kaiser Permanente Ventures and existing investors, bringing total funding to $66 million. The funds will support expansion in specialty pharmacy management, enhance AI automation for routine tasks, deepen data integration for personalized therapy, and broaden market reach to advance value-based care. The platform has demonstrated strong traction, achieving over 10% total cost savings and more than 40% reduction in hospitalizations for clients, alongside over 100% growth in the last year and 80% average contract expansion with existing customers. Town Hall Ventures, founded in 2018, focuses on companies improving care for underserved communities and has backed firms like Cityblock Health and Landmark Health. A third-party source lists Arine's post-money valuation at $520 million as of June 2025, implying a capital efficiency ratio of 8.18x total funding raised, reflecting investor confidence in its growth, technology, and market position in AI medication management. |
| Aug 2022 | Series B | 111° West Capital (lead); MBX Capital; Katalyst Ventures; New Leaf Venture Partners; Super Capital Group | $29M | - | Arine is a next-generation medication intelligence company headquartered in San Francisco that provides an AI-driven platform to optimize medication management, reduce costs, and improve patient outcomes for health plans and providers. Founded in 2017, the company had acquired health plan clients including national Blue Cross/Blue Shield, Medicaid, and Medicare Advantage plans by the time of this funding, and had expanded its staff to nearly 100 employees. In August 2022, Arine announced a $29 million Series B funding round composed of equity and debt financing, led by 111° West Capital with participation from new investors MBX Capital and New Leaf Venture Partners and continued support from Katalyst Ventures and Super Capital Group. The company reported achieving fivefold revenue growth prior to the Series A in October 2021 and demonstrated strong unit economics by delivering a 6-to-1 return on investment for clients while reducing hospitalizations by more than 40 percent. The Series B funding was intended to advance the platform's capabilities to enable value-based care at scale and expand offerings across the value-based care continuum including health plans, risk-bearing providers, and other channel partners. |
| Jan 2021 | Series A | 111° West Capital (lead); Katalyst Ventures (lead); SCAN Group; Magellan Health Services | $11M | $64M | Arine is a San Francisco-based AI-driven platform that optimizes medication management, reduces costs, and improves outcomes for health plans and providers. The company analyzes multi-source clinical, social, and behavioral data using thousands of algorithms to recommend personalized, just-in-time clinical interventions, saving 1 in every 6 healthcare dollars spent and serving 5.5 million patients at the time of funding. Arine combines automation with clinical services to address medication mismanagement, a key driver of healthcare inefficiencies. Arine closed an oversubscribed $11 million Series A round on October 26, 2021, co-led by 111° West Capital Partners and Katalyst Ventures, with strategic investments from Magellan Health Inc. and SCAN Group. The post-money valuation was $63.85 million. Proceeds supported scaling the team and technology platform to manage multiples of the current 5.5 million lives. 111° West Capital focuses on high-growth healthcare software companies with revenues of $5 million to $50 million, marking Arine as their first investment from a new fund. Katalyst Ventures highlighted Arine's improved patient outcomes and growth potential. |
Who has invested in Arine?
9 investors have backed Arine across its funding rounds, including Katalyst Ventures, 111° West Capital, New Leaf Venture Partners, Kaiser Permanente Ventures, Town Hall Ventures and MBX Capital.
Lead investors include Town Hall Ventures, 111° West Capital and Katalyst Ventures.
Arine Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jan 2021 | ||
| 2 | Lead | Jan 2021 | ||
| 1 | Participant | Aug 2022 | ||
| 1 | Participant | May 2025 | ||
| 1 | Lead | May 2025 | ||
| 1 | Participant | Aug 2022 | ||
| 1 | Participant | Jan 2021 | ||
This data is available for Pro users. Sign up to see all 9 Arine investors. Start Free Trial | ||||
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Start Free TrialArine Competitors
Arine competitors include listed companies like Veradigm, Yidu Tech and Echo IQ, and private ones like Medbanks, HealthVerity and Truveta.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $588M | $54M | $523M | 0.9x | ||
| Publicly listed | $122M | ($4M) | $449M | 1.2x | ||
| Private | - | - | $430M | - | ||
| Private | - | - | $721M | - | ||
| Publicly listed | $65K | ($13M) | $311M | 994.2x | ||
| Private | - | - | $1B | - |
Arine Public Comps
Arine is still privately-owned, but its public comps include Veradigm, Claritev, Equasens, Heren Health, Shang Gong Group, Bayzed Health Group, Guiyang Longmaster, GPI Group, Medley Inc. and RaySearch Labs.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $588M | $54M | 0.9x | 0.9x | 9.8x | 6.8x | |||
| $965M | $466M | 5.4x | 5.2x | 11.2x | 8.5x | |||
| $272M | $75M | 1.9x | 1.8x | 7.0x | 6.7x | |||
| $65M | $11M | 7.4x | - | 42.4x | - | |||
| $649M | $27M | 1.0x | - | 23.7x | - | |||
| $167M | $18M | 3.0x | - | 28.4x | - | |||
| $44M | $5M | 10.0x | - | 87.9x | - | |||
| $628M | $117M | 1.4x | 1.4x | 7.3x | 6.5x | |||
This data is available for Pro users. Sign up to see all Arine competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Arine
| When was Arine founded? | Arine was founded in 2017. |
| Where is Arine headquartered? | Arine is headquartered in San Francisco, CA, United States. |
| Is Arine publicly listed? | No, Arine is a private, VC-backed company. |
| What is Arine's valuation? | Arine was last valued at $520M in its Series C in May 2025. |
| How much funding has Arine raised? | Arine has raised $70M across 3 funding rounds. |
| What was Arine's last funding round? | Arine's last funding round was a $30M Series C in May 2025, led by Town Hall Ventures. |
| Who are Arine's investors? | Arine's investors include 111° West Capital, Katalyst Ventures, MBX Capital, Kaiser Permanente Ventures, Town Hall Ventures, New Leaf Venture Partners, SCAN Group, Magellan Health Services and Super Capital Group. |
| Which companies are comparable to Arine? | Companies comparable to Arine include Veradigm, Yidu Tech, Medbanks, HealthVerity, Echo IQ and Truveta. |
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