AI startup Healthleap raises $38 million to scan hospital records for patients at risk of missed conditions

What happened

Healthleap, a startup that uses AI to review patient records and point out hospital patients who may have undiagnosed illnesses, has raised $38 million in seed and Series A funding, TechCrunch reported on October 7, 2026. The outlet said it learned of the financing exclusively.

According to TechCrunch, the money came in two rounds. Sequoia Capital and First Round Capital co-led an $8 million seed round, and Hummingbird Ventures led a $30 million Series A. The company is not disclosing its valuation.

How the software works

Healthleap connects to a hospital's electronic health record system, TechCrunch reported. It uses language models to pick out details from clinicians' written notes, such as mentions of recent weight loss or trouble swallowing. Those findings go into risk models along with structured data like lab reports and vital signs.

A nightly review and a morning score

CEO and co-founder Josiah Meyer told TechCrunch the system analyzes every adult inpatient's record each night. Each morning, it places a risk score into the care team's existing workflow, with a dashboard showing more detail on patient trends.

Flagging, not diagnosing

The company says its software does not diagnose patients and only highlights items for additional review. Meyer told TechCrunch that while labs, weights and vital signs sit in structured fields, "the most telling signs sit in clinicians' written notes."

Where it started and where it is used

Siblings Jemima and Josiah Meyer founded Healthleap in South Africa in 2022, according to TechCrunch. The company first offered a clinical nutrition tool that Jemima had built for dietitians, then pivoted to a broader platform aimed at conditions such as malnutrition and delirium that often are not caught early enough.

Customers and growth

Meyer said the platform is now deployed in more than 50 hospitals, up from three hospital partners over the past year. He named Penn Medicine, Cedars-Sinai, Intermountain, Houston Methodist and Emory Healthcare as customers. He said revenue grew more than 10x over the same period but did not give specifics.

Why malnutrition was a starting point

TechCrunch noted that malnutrition often goes undiagnosed. Research suggests 20% to 50% of hospital inpatients are malnourished, the outlet reported, and some studies have linked it to longer stays, impaired wound healing, infections and higher morbidity and mortality.

Pricing and claimed results

Healthleap sells three-year contracts priced by a hospital's licensed bed count and also uses an outcome-based pricing model, TechCrunch reported. Meyer said every customer to date has seen a 5x hard return on investment or more, and in some cases over 20x annual total return. Those figures come from the company.

At the Hospital of the University of Pennsylvania, Healthleap says its malnutrition program produced $23.8 million in annualized financial impact. The company attributes $6.3 million of that to additional reimbursement and $17.5 million to shorter hospital stays. For more coverage of artificial intelligence in everyday services, see our AI and tech section.

What to watch next

• Programs to identify aspiration pneumonia, pressure ulcers and congestive heart failure readmission risk are undergoing further clinical validation, according to Meyer.
• Healthleap plans to spend the new funding on engineering, product, sales and customer success as it adds more conditions.
• The company says it ultimately wants to cover more than 40 major health conditions.
• Healthleap aims to expand into outpatient and home care.