Assort Health Secures $50M Funding to Automate Patient Communication
Assort Health, an emerging AI healthcare startup specializing in automated patient communications for specialty practices, has secured approximately $50 million in Series B funding at a $750 million valuation, according to sources familiar with the transaction. The investment, led by Lightspeed Venture Partners, follows closely behind the company's $22 million Series A round just four months prior.
The startup's AI voice technology handles routine administrative tasks—including appointment scheduling, cancellation management, and common patient inquiries—that traditionally burden front-office staff. This automation enables healthcare personnel to dedicate more time to complex patient interactions requiring human judgment.
The latest funding highlights growing investor confidence in AI solutions addressing healthcare's communication bottlenecks. Assort Health joins several peers attracting significant capital:
- EliseAI recently announced $250 million Series E funding at $2.2 billion valuation
- Hello Patient secured $20 million Series A at $100 million valuation
The healthcare sector continues adopting AI technologies rapidly, building on successful implementations like AI-powered medical scribes from Abridge and Ambience Healthcare. Industry analysts view automated patient communication as the next frontier for AI deployment.
Specialty clinics particularly benefit from Assort Health's solution—its AI agents immediately engage patients contacting practices with extended wait times, reducing patient attrition to competitors. Though currently generating slightly over $3 million ARR, the startup demonstrates strong growth momentum.
Originally serving orthopedic and physical therapy clinics, Assort Health has expanded into additional specialties including obstetrics/gynecology, dermatology, and dental practices.
Founding Background
The company launched in 2022 under the leadership of co-founders Jon Wang, a former medical student turned entrepreneur, and Jeff Liu, previously an engineer at Facebook.
Neither Assort Health nor Lightspeed Venture Partners responded to requests for comment regarding the funding announcement.
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Assort Health, an emerging AI healthcare startup specializing in automated patient communications for specialty practices, has secured approximately $50 million in Series B funding at a $750 million valuation, according to sources familiar with the transaction. The investment, led by Lightspeed Venture Partners, follows closely behind the company's $22 million Series A round just four months prior.
The startup's AI voice technology handles routine administrative tasks—including appointment scheduling, cancellation management, and common patient inquiries—that traditionally burden front-office staff. This automation enables healthcare personnel to dedicate more time to complex patient interactions requiring human judgment.
The latest funding highlights growing investor confidence in AI solutions addressing healthcare's communication bottlenecks. Assort Health joins several peers attracting significant capital:
- EliseAI recently announced $250 million Series E funding at $2.2 billion valuation
- Hello Patient secured $20 million Series A at $100 million valuation
The healthcare sector continues adopting AI technologies rapidly, building on successful implementations like AI-powered medical scribes from Abridge and Ambience Healthcare. Industry analysts view automated patient communication as the next frontier for AI deployment.
Specialty clinics particularly benefit from Assort Health's solution—its AI agents immediately engage patients contacting practices with extended wait times, reducing patient attrition to competitors. Though currently generating slightly over $3 million ARR, the startup demonstrates strong growth momentum.
Originally serving orthopedic and physical therapy clinics, Assort Health has expanded into additional specialties including obstetrics/gynecology, dermatology, and dental practices.
Founding Background
The company launched in 2022 under the leadership of co-founders Jon Wang, a former medical student turned entrepreneur, and Jeff Liu, previously an engineer at Facebook.
Neither Assort Health nor Lightspeed Venture Partners responded to requests for comment regarding the funding announcement.
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