Cohere Health Valuation, Funding & Investors

Pearl Health is a technology platform enabling primary care practices to thrive in value-based care arrangements. Boston-headquartered and founded in 2020, it equips providers with analytics, care coordination tools, and revenue cycle management for Traditional Medicare and Medicare Advantage. The company partners with practices across 44 states, supported by investors including Andreessen Horowitz and Viking Global Investors.

Craneware PLC provides automated revenue integrity solutions that improve financial performance for healthcare organizations. Its activities include the development, licensing, and ongoing support of computer software for the US healthcare industry. It is engaged in the sale of software licenses, white labelling, and professional services (including installation) to hospitals within the USA. The company recognizes its revenues from the sale of and distribution agreements relating to software licenses and professional services.

Waystar Holding Corp is a provider of mission-critical cloud technology to healthcare organizations. Its enterprise-grade platform transforms the complex and disparate processes comprising healthcare payments received by healthcare providers from payers and patients, from pre-service engagement through post-service remittance and reconciliation. its platform enhances data integrity, eliminates manual tasks, and improves claim and billing accuracy, which results in transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for solutions extends throughout the United States and includes Puerto Rico and other USA Territories.

Helian Health is a Hangzhou-based medical internet company, operating as Zhejiang Qilian Network Technology since 2014. It delivers hospital IoT solutions, including WiFi networks, patient apps, and medical staff tools, serving 1,700 hospitals across 245 cities. Partnerships with Foxconn enable LoRa-based systems for outpatient and inpatient scenarios, covering nearly 100,000 access points. The portfolio features Medicare Xiaobian app for doctors and Health App for personalized wellness plans using AI-driven data analysis.

NexHealth is a San Francisco-based operating system integrating electronic health records with patient-facing tools. Launched in 2017, it connects patients, providers, and developers via online scheduling, two-way messaging, payments, and standardized APIs, streamlining healthcare workflows across thousands of practices nationwide.

Claritev Corp is a healthcare technology, data, and insights company focused on improving transparency, affordability, and quality. The company provides tech-enabled solutions and services to interpret clients' needs and customize solutions that combine its payment integrity, network-based, and analytics-based services. The Company's focus is being a value-added provider of data analytics and technology-enabled end-to-end cost management, payment, and revenue integrity solutions to the U.S. healthcare industry.

IntelyCare is a Boston-headquartered platform founded in 2014 that matches licensed nurses and nursing assistants with per diem shifts at post-acute care facilities across the United States. The company leverages a mobile app and predictive analytics to fill shifts three times faster than industry averages, serving over 1,000 facilities in 25 states. IntelyCare's tools forecast staffing needs, optimize schedules, and provide real-time shift updates, helping providers manage labor shortages while offering nurses flexible work options with transparent pay rates.

US Physical Therapy Inc through its subsidiaries operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. The principal payment sources for the clinics' services are managed care programs, commercial health insurance, Medicare/Medicaid, workers' compensation insurance, and proceeds from personal injury cases. Its operating segment includes Physical therapy operations and Industrial injury prevention services. The company generates maximum revenue from the Physical therapy operations segment.

Lunit Inc is a medical AI software company devoted to providing AI-powered total cancer care. Its products comprise of Lunit INSIGHT CXR, AI solution for Chest x-ray; Lunit INSIGHT MMG, AI solution for Mammography; Lunit SCOPE IO, AI-Powered Biomarker for Immuno-Oncology; and Lunit SCOPE PD-L1, AI Solution for PD-L1 Expression.

United Imaging Intelligence is a provider of AI-driven medical solutions covering diagnostics for all diseases. Based in Shanghai, China, it develops full-stack intelligent software for imaging analysis, radiotherapy planning, and healthcare workflows, integrating with United Imaging Healthcare's hardware.

Glaukos Corp is an ophthalmic pharmaceutical and medical technology company focused on developing novel, dropless therapies and commercializing associated products for the treatment of glaucoma, corneal disorders, and retinal diseases. It has commenced commercialization activities for iDose TR, a first-of-its-kind, long-duration, intracameral procedural pharmaceutical implant designed to continuously deliver glaucoma drug therapy inside the eye for extended periods of time. The company also offer commercially a proprietary bio-activated pharmaceutical therapy for the treatment of a rare corneal disorder, keratoconus. The company has three primary commercialized micro-scale surgical device products designed to treat glaucoma: the iStent, the iStent inject W, and the iStent infinite.

Shanghai United Imaging Healthcare Co Ltd provides customers with high-performance medical imaging equipment, radiotherapy products, life science instruments, and medical digitalization and intelligent solutions. The company’s products include MRI systems, CT scanners, X-ray imaging equipment, molecular imaging systems, radiotherapy linear accelerators, and life science instruments.

GE HealthCare Technologies is a leading medical technology firm with leading market share in imaging and ultrasound equipment. The company reports four major segments: imaging (45% of revenue), advanced visualization solutions (26%), patient care solutions (15%), and pharmaceutical diagnostics (14%). The company’s sales are geographically diverse, with the United States, EMEA, China, and the rest of the world accounting for 46%, 26%, 11%, and 17% respectively. We estimate approximately half of its revenue is recurring, which consists of servicing (about one third of revenue), pharmaceutical diagnostics (about 10%-15%), and digital solutions (just over 5%).

BrightInsight is a San Jose-headquartered digital health platform supporting pharma and medtech companies with FDA-cleared solutions for connected drugs and devices. Founded in 2017, it powers patient apps for 10+ therapeutics including Novartis' Entresto and Abbott's FreeStyle Libre, integrating wearables and EHRs for adherence monitoring. The platform processes data from 1 million+ users, delivering insights via AWS cloud infrastructure under ISO 13485 quality systems. BrightInsight expanded to Europe in 2023 with CE marking for its IoT hub.

B-Soft Co Ltd is engaged in providing software and information technology services for the healthcare industry.

HealthVerity is a healthcare data technology company enabling providers, pharmaceutical manufacturers, hospitals, and payers to integrate patient data from diverse sources. Its identity resolution and matching tools support interoperable data exchange while maintaining privacy protections. Headquartered in Philadelphia, Pennsylvania, and founded in 2014, HealthVerity facilitates rapid dataset creation for analytics and insights across the healthcare sector.