Plenful, a San Francisco, CA-based AI-powered workflow automation platform for healthcare, has raised $50 million in Series B funding.
Investors
The round was co-led by Mitchell Rales, a co-founder of Danaher Corporation, a global science and technology company, and Arena Holdings, with participation from Notable Capital, Bessemer Venture Partners, TQ Ventures, and Susa/Kivu Ventures. This new capital brings Plenful's total funding to $76 million.
Arena Holdings is a private investment firm founded in 2016 and based in New York City. The firm focuses on investing in innovative private and public companies in technology.
Plenful Use of Funds
The company will use the funding to accelerate product development, scale go-to-market efforts, and expand into new healthcare sectors and use cases.
About Plenful
Founded by Joy Liu and Joy Patel, Plenful is a healthcare technology company that provides an AI-driven workflow automation platform to streamline administrative tasks in pharmacy and healthcare operations. Its platform automates workflows across departments, systems, and formats. Plenful’s mission is to empower healthcare professionals to focus on what truly matters: patient care. Headquartered in San Francisco, California, Plenful serves over 60 U.S. healthcare organizations, including MUSC, Cencora, and Renown Health.
Funding Details
Company: Plenful, Inc.
Raised: $50.0M
Round: Series B
Funding Date: April 2025
Lead Investors: Mitchell Rales (Danaher Corporation), Arena Holdings
Additional Investors: Notable Capital, Bessemer Venture Partners, TQ Ventures, Susa/Kivu Ventures
Company Website: https://plenful.com/
Software Category: Healthcare AI / Workflow Automation
Source: https://www.prnewswire.com/news-releases/plenful-raises-50m-series-b-to-expand-ai-powered-healthcare-automation-platform-302442027.html