Rainfall Health Raises $15 Million in Series A

by Kay Aloha Villamor in February 19th, 2026

Rainfall Health, a San Francisco, CA–based AI-driven compliance and reimbursement platform for hospitals and medical groups, has raised $15 million in Series A funding. 

Investors 

The round was led by Two Bear Capital, with participation from other notable investors. 

Founded in 2019, Two Bear Capital is a specialized venture capital firm that focuses on early-stage investments in deep tech and life sciences. The firm is headquartered in Whitefish, Montana, with additional offices in Menlo Park, New York, San Diego, and Boston. 

Rainfall Health Use of Funds 

The company will use the capital to expand its artificial intelligence engineering organization and build a world-class customer support and implementation team to assist hospitals impacted by the CMS Transforming Episode Accountability Model (TEAM) 

About Rainfall Health 

Led by CEO Eddie Qureshi, Rainfall Health is a health-tech SaaS company that provides an AI-driven compliance and reimbursement platform for hospitals and medical groups. Its platform helps navigate emerging value-based care models, including the Centers for Medicare & Medicaid Services’ TEAM model. Founded in 2019, Rainfall Health remains committed to its original mission of using AI to ensure patients in all geographic areas have access to quality medical care. The platform is currently deployed across numerous U.S. hospitals and medical groups, supporting outcome-based care and broader access to high-quality healthcare nationwide. 

Funding Details 

Company: Rainfall Health 

Raised: $15.0M 

Round: Series A 

Funding Date: February 2026 

Lead Investor: Two Bear Capital 

Additional Investors:  

Company Website: https://www.rainfallhealth.com/  

Software Category: Healthcare / AI Compliance & Reimbursement 

Source: https://www.prnewswire.com/news-releases/rainfall-health-announces-15m-series-a-investment-to-support-hospitals-impacted-by-new-cms-revenue-opportunity-302689982.html

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