Parakeet Health, a provider of AI-powered patient engagement solutions for healthcare providers in the United States, has raised $10 million in a Series A funding round to expand its patient access solutions across other specialty and outpatient markets, including primary care, behavioral health, women’s health, eyecare, physical therapy, gastroenterology, and radiology.
Canvas Ventures led the Series A investment round with participation from Blank Space Ventures, StoryHouse Ventures, and HMC INQ.
Commenting on the investment, Rebecca Lynn, Co-founder and Managing Director at Canvas Ventures, said: “We believe the future of patient engagement is one connected, AI-driven experience across every channel. Not a collection of disconnected tools. Parakeet is delivering that today, with clear financial returns for providers and a seamless experience for patients. And they’re just getting started.”
Including the latest round, Parakeet Health has raised $13 million in funding to date. Parakeet Health provides a conversational agentic platform that automates burdensome patient-access workflows, helping connect patients with booked appointments, reduce administrative burden, and support continuity of care. Its platform, powered by large language models (LLMs), supports various patient-experience use cases by managing both inbound and outbound communications at scale.
Commenting on the fundraise, Jung Park, CEO and co-founder of Parakeet Health, said: “Patient engagement determines whether demand becomes care, whether clinical capacity is used and whether a healthcare organization grows. After years of operating and scaling healthcare organizations, I saw how often that value was lost across disconnected workflows, systems, and vendors. We built Parakeet to connect the entire journey and produce a financial result leadership can measure. We have applied that same operator discipline to our own business, growing quickly while using capital efficiently.”
With more than 2,800 American healthcare providers actively leveraging Parakeet Health’s platform, the latest funding signals a strong market for digital patient engagement solutions. According to our latest 9M 2026 funding insights report, more recently, Ferry Health raised $9 million in seed funding from leading investment firms to automate manual patient-facing healthcare appointment booking workflows using its AI assistant. In another massive deal, Assort Health raised $120 million in Series C funding led by Menlo Ventures, valuing the company at $1.2 billion as it scales its specialized AI agents to manage the complete patient journey.