Company intelligence

Heidi Health

As of September 22, 2026, Heidi Health was last valued at $900M (September 2026 Series C) and has raised at least $405M in equity across 2 sourced funding rounds.

Last verified Sep 22, 2026

Heidi Health at a glance

As of
Latest valuation
$900M[1]
Series C · September 2026
Equity raised
$405M[2]
Across 2 sourced roundsDerived
Lead investors
Blackbird Ventures, Point72[3]
Across 2 sourced rounds
Headquarters
Melbourne, Australia[4]
  1. [1] Latest valuation: PYMNTS, September 22, 2026
  2. [2] Equity raised: Sum of the 2 sourced equity rounds in the funding history below (debt, tender offers and rumored rounds excluded), September 22, 2026
  3. [3] Lead investors: PYMNTS, September 22, 2026
  4. [4] Headquarters: Wikidata (retrieved September 27, 2026)

What Heidi Health does

Heidi is a Melbourne-based company whose AI software records medical appointments and produces structured documents for clinicians to review.[1] Heidi says its product has supported more than 175 million patient visits.[2] It handles about 2.8 million patient interactions a week across 110 languages and 190 countries.[2] In the U.K. it is the sole supplier to NHS England Midlands.[2] In New Zealand it runs in every emergency department in the country.[2] Its U.S. users include Beth Israel Lahey Health in Massachusetts.[2] Heidi employs close to 600 people.[2] Kelly said the money will fund a move from documentation to agents that handle clinical work under supervision.[2]

Business model and customers

Annual recurring revenue grew from US$1 million to US$50 million in two years, reaching that level in April 2026.[2]

Leadership

  • It was co-founded in 2021 by Dr. Thomas Kelly, its CEO, with Waleed Mussa and Yu Liu.[1]

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Recent changes

  1. Sep 22, 2026Raised $340M Series C at a $900M valuation PYMNTS
  2. Sep 22, 2026First reported valuation: $900M PYMNTS
  3. Sep 22, 2026New investor: Blackbird Ventures PYMNTS
  4. Sep 22, 2026New investor: General Catalyst PYMNTS
  5. Sep 22, 2026New investor: Headline PYMNTS
Earlier changes (3)
  1. Sep 22, 2026Heidi Health Lands $340M To Go Beyond AI Notetaking Pulse story
  2. Oct 2025Raised $65M Series B thenextweb.com
  3. Oct 2025New investor: Point72 thenextweb.com

Funding history

2 equity events · newest first · sources dated per row
DateRoundAmountValuationLead investorsSource
Sep 22, 2026Series C$340M$900Mpost-money
WithPhoenix CourtunverifiedPoint72unverifiedHeadlineunverifiedGeneral Catalystunverified
PYMNTS
Oct 2025Series B$65M—
Point72unverified
thenextweb.com

Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.

Funding timeline · 2 rounds · $405M tracked
$0.0M$190M$381M$65MSeries BOct 25$340MSeries CSep 26

How Heidi Health has been funded

Point72 led a US$65 million Series B in October 2025 at a US$465 million valuation.[2] In September 2026 Heidi announced US$340 million in new funding in two parts.[2] Blackbird, an investor since the 2021 pre-seed, led a US$100 million Series C at a US$900 million valuation, with Phoenix Court, Point72 Private Investments and Headline participating.[2] Heidi has raised US$436.6 million in total.[2]

Investors

Latest Pulse

  1. Scarlet Raises $50M To Certify AI Medical Devices FasterScarlet, a London-based certification body for AI and software medical devices, raised a $50 million Series B led by Headline to expand its EU, UK and US review operations into the US and Asia-Pacific.→
  2. Digital Health Quietly Has Its Best Year Since 2021Digital health raised $7.4 billion in H1 2026 after two lean years, and Pulse's own tracker shows the pace hasn't slowed since -- roughly $1.85 billion more across nine disclosed rounds in just the past 30 days.→
  3. Heidi Health Lands $340M To Go Beyond AI NotetakingHeidi Health raised $340 million -- $100 million in equity plus $240 million non-dilutive from General Catalyst -- valuing the AI clinical-scribe company at $900 million as it expands into clinical decision support.→

Coverage Timeline

newest first
  1. Sep 22, 2026FUNDINGHeidi Health Lands $340M To Go Beyond AI Notetaking$340M ($100M equity + $240M non-dilutive)→

All Coverage

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Heidi Health FAQ

How much has Heidi Health raised?

Heidi has raised US$436.6 million in total.[2]

How much revenue does Heidi Health make?

Annual recurring revenue grew from US$1 million to US$50 million in two years, reaching that level in April 2026.[2]

Who invested in Heidi Health?

Blackbird, an investor since the 2021 pre-seed, led a US$100 million Series C at a US$900 million valuation, with Phoenix Court, Point72 Private Investments and Headline participating.[2]

Who is the CEO of Heidi Health?

Heidi Health was co-founded in 2021 by Dr. Thomas Kelly, its CEO, with Waleed Mussa and Yu Liu.[1]

What does Heidi Health do?

Heidi is a Melbourne-based company whose AI software records medical appointments and produces structured documents for clinicians to review.[1]

What is Heidi Health's valuation?

Heidi Health was last valued at $900M in its September 2026 Series C, according to PYMNTS (September 22, 2026).

Where is Heidi Health headquartered?

Heidi Health is headquartered in Melbourne, Australia, according to Wikidata.

References

researched 2026-10-23
  1. smartcompany.com.au
  2. The Next Web
Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data ·