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Basalt Health raises $20M Series A led by NEA to enhance post-acute care transitions. This funding aims to accelerate patient admissions into post-acute facilities.

PRIVATESep 24, 2026

Amount Raised

$20 Million

Round Type

Series A

NashvilleHealth CareArtificial IntelligenceMedical

Investors

25m HealthFrist Cressey VenturesNew Enterprise Associates

Description

Basalt Health, an AI platform for post-acute care, has secured $20 million in Series A funding led by NEA. The investment also includes participation from existing investors Frist Cressey Ventures and 25m Health. The new capital will help accelerate the transition process for patients entering post-acute care. This round brings the total capital raised by the company to approximately $24.5 million.

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Company Information

Company

Basalt Health

Location

Nashville, Tennessee, United States

About

Basalt Health is an AI platform designed to assist patients in transitioning to post-acute care more efficiently. The company aims to modernize the placement process, addressing the challenges faced by approximately 14 million patients entering post-acute care each year. By leveraging technology, Basalt Health seeks to improve patient outcomes and streamline healthcare processes.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Basalt Health raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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