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Bunkerhill Health Raises $25 Million in Series B Funding Led by Khosla Ventures
The AI healthcare startup raised its Series B this week, bringing total funding to $55 million. It now works with 15 health systems through its Carebricks platform.
Jul 16, 7:17 AM·1m read1 source
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Bunkerhill Health closed a $25 million Series B funding round this week led by Khosla Ventures, Fortune reported. The round brought the company's total funding to $55 million, with participation from Sequoia, Felicis, Optum Ventures, and Y Combinator. Bunkerhill deploys AI agents through its Carebricks platform to address hospital tasks such as follow-up care and administrative backlogs.
The platform includes nine clinical FDA-cleared AI algorithms, one of which detects silent heart valve disease and another that assesses osteoporosis risk. The company works with 15 health systems, including Cleveland Clinic, Mayo Clinic, Ballad Health, Intermountain Health, Sentara Health, Endeavor Health, and University of Texas Medical Branch Health.
Nishith Khandwala and David Eng cofounded Bunkerhill in 2019 after beginning an AI radiology project as Stanford computer science students in 2017.
Khandwala said his father's 2020 heart attack reinforced the project's focus. “The cardiologist told us: ‘There was actually a scan in the past that showed he had an increased risk of heart disease, I think we could have caught this earlier,’” Khandwala said. Vinod Khosla of Khosla Ventures said hospitals now view AI adoption as a mandate.
“Software used to be a pain for hospitals,” Khosla told Fortune. ” UTMB has deployed 22 of Bunkerhill’s agents. Chief AI officer Dr. Peter McCaffrey said the need for AI in healthcare is legitimate. Alfred Lin of Sequoia, which led the company’s $6.5 million seed round in 2023, noted that competition among AI healthcare startups drives useful outcomes.
