Ellipsis Health, a San Francisco, CA-based AI healthcare technology company, has raised $45 million in Series A funding.
Investors
The round was led by Salesforce, Khosla Ventures, and CVS Health Ventures, with participation from Mitsui Global Investment, Collier, E12, and AME Cloud Ventures.
Salesforce provides a cloud-based customer relationship management (CRM) platform. It helps businesses manage customer relationships, streamline operations, and improve profitability by centralizing customer information, automating marketing and sales processes, and offering powerful analytics.
Founded in 2004, Khosla Ventures is a prominent venture capital firm managing approximately $15 billion in assets. Based in Menlo Park, California, it focuses on technology-driven disruption across large markets, including AI, enterprise software, fintech, healthcare, climate tech, frontier technologies, and consumer sectors.
CVS Health Ventures is the corporate venture capital arm of CVS Health. Launched in 2021 with a $100 million fund, it invests in early-stage health tech and digital health startups aligned with CVS’s mission of consumer-centric care, digital innovation, and affordable, accessible healthcare.
Ellipsis Health Use of Funds
The company will use the funding to accelerate the adoption of Sage across healthcare providers, payers, and care management organizations; enhance its AI capabilities; and deepen integration with clinical systems.
About Ellipsis Health
Founded and led by CEO Mainul Mondal, Ellipsis Health developed an AI voice agent called Sage, designed to enhance care coordination, patient engagement, and behavioral health monitoring. Powered by its patented Empathy Engine, Sage expands provider capacity, streamlines workflows, and elevates patient engagement. Ellipsis Health serves top-tier healthcare organizations, including leading providers and payers, to deliver AI solutions proficient in managing patients with complex physical, behavioral, and social needs that drive the majority of healthcare costs.
Funding Details
Company: Ellipsis Health, Inc.
Raised: $45.0M
Round: Series A
Funding Date: June 2025
Lead Investors: Salesforce, Khosla Ventures, CVS Health Ventures
Additional Investors: Mitsui Global Investment, Collier, E12, AME Cloud Ventures
Company Website: https://www.ellipsishealth.com/
Software Category: Healthcare / Digital Health / Voice AI / AI Care Management
Source: https://www.prnewswire.com/news-releases/ellipsis-health-unveils-sage-the-emotionally-intelligent-ai-care-manager-backed-by-45m-from-salesforce-khosla-ventures-and-cvs-ventures-302479581.html