Parakeet Health Raises $10M Series A

Parakeet Health, based in San Francisco, is a healthcare AI company transforming patient access. The company has raised $10 million in Series A funding, bringing its total funding to $13 million.

Investors

The oversubscribed round was led by Canvas Ventures, with participation from Blank Space Ventures, StoryHouse Ventures, and HMC INQ.

Parakeet Health Use of Funds

Parakeet Health plans to use the Series A capital to expand its technology and team, advance its personalization capabilities, support continued growth with enterprise healthcare organizations, and extend the platform across additional specialties and patient-engagement workflows.

About Parakeet Health

Founded by healthcare and technology leaders, Parakeet Health provides a conversational agentic platform powered by large language models. The company helps healthcare organizations automate patient-access workflows including inbound calls, proactive outreach, fax processing, and web scheduling to improve provider utilization and revenue recovery.

Funding Details

Company Website: https://parakeethealth.com

Company: Parakeet Health
Raised: $10M
Round: Series A
Funding Date: October 1, 2026
Lead Investor: Canvas Ventures
Additional Investors: Blank Space Ventures, StoryHouse Ventures, HMC INQ
Company Website: http://www.parakeethealth.com
Software Category: Healthcare AI
Source: https://www.prnewswire.com/news-releases/parakeet-health-raises-10-million-series-a-following-10x-growth-and-rapid-enterprise-adoption-302895793.html