Mongoose AI, a New York-based AI platform for health plans, has closed an oversubscribed seed extension funding round.
Investors
The extension included Vertical Venture Partners, Overstory Partners and Connecticut Innovations, with participation from strategic investors.
Mongoose AI Use of Funds
The company will use the funding to accelerate go-to-market expansion within the U.S. payer market and grow its engineering team, developing its Experience Layer platform.
About Mongoose AI
Founded by Mark Nathan and Scott Johnston, Mongoose AI is a New York-based healthcare technology company building governed AI agents for health plans. Its AI Experience Layer enables payers to deploy AI-driven workflows across employer, broker, member, and provider experiences, as well as call centre and back-office operations. The platform is designed to help health plans reduce administrative costs, improve customer experience, and automate operational processes without replacing existing infrastructure.
Funding Details
Company: Mongoose Software, Inc.
Round: Seed Extension
Funding Date: May 2026
Investors: Vertical Venture Partners, Overstory Partners, Connecticut Innovations
Company Website: https://www.mongooseplatform.com/
Software Category: Healthcare AI & Health Plan Automation Software
Source: https://www.businesswire.com/news/home/20260513234054/en