Oakland, Calif.-based Kaiser Permanente Ventures and Chesterfield, Mo.-based Mercy have invested in care navigation startup Garner Health as part of a $118 million funding round.
Trained on over 320 million patient records, the company’s employer-based, AI-powered platform offers physician rankings and appointment booking capabilities, according to a Feb. 10 news release.
Venture capital firm Kleiner Perkins led the series D investment, which valued Garner Health at $1.35 billion, making it the latest health tech “unicorn.” The startup says it has 700-plus provider, payer and employer clients and partners and serves over 2.5 million people, with revenue up about 130% year over year.
