NYC-based Garner Health closed a $100 million Series E led by Index Ventures, reaching a $2.74 billion valuation. The healthcare data analytics platform serves 2.5 million workers.
Garner Health provides data analytics tools that help employers and their workers navigate physician selection and healthcare costs. The company operates as a care navigation platform focused on the employer benefits space.
Index Ventures led the funding round, underscoring investor confidence in the employer healthcare market. The Series E brings Garner Health's total funding to significant levels as it expands its platform capabilities.
The company competes in a growing sector where employers increasingly seek ways to manage healthcare spending and improve employee outcomes through better data insights and care coordination tools.
In other funding news: Terra AI, a mining AI startup, raised $20 million in Series A funding led by Khosla Ventures with participation from BHP's venture arm. The company develops AI models for underground resource mapping. Separately, Sekai closed a $20 million Series A co-led by Khosla Ventures and Connect Ventures for its text-prompt-based mini app creation platform.
New York-based Ande has emerged from stealth with $52 million in seed and Series A funding. The startup uses AI agents to automate corporate event arrangements for businesses.
Dutch nanoimprint lithography startup Morphotonics secured €40 million in funding from 3M Ventures, the EIC Fund, and other investors. The company plans to use the capital to expand into optical components for data centers.
Legal tech startup Legora is in talks for a new funding round that would value the company at approximately $8.5 billion. The round represents significant growth for the emerging legal technology platform.