Vanna Health, a value-based health technology company that provides integrated mental and chronic health support through community-based coaching, raised $17 million in a new funding round.
AlleyCorp led the investment round with participation from Health Velocity Capital.
With fresh funds, Vanna Health plans to accelerate the expansion of its clinical reach, deepen its technology infrastructure, and bring its recovery-oriented care model to more communities across the United States.
The company is currently in four states, and plans to grow its clinical and operational teams, along with further developing the technology platform that enables its care model to scale without sacrificing quality or human connection.
A Model Built for Impact at Scale
Vanna Health is a technology-enabled healthcare company dedicated to transforming the lives of individuals living with serious mental illness.
Vanna Health combines evidence-based clinical care, community integration, and proprietary technology to support individuals with SMI in achieving not just stability, but meaningful, lasting recovery. The company works directly with health insurance companies and community partners to deliver coordinated, person-centered care that addresses the full complexity of SMI, including the social, behavioral, and medical factors that drive outcomes and costs.
Serious mental illness, including schizophrenia, schizoaffective disorder, and bipolar disorder, affects approximately 14 million Americans, according to data provided by Vanna Health.
Dr. Liz Kwo, CEO, Vanna Health, said: “This funding is a powerful affirmation that the future of healthcare is rooted in people, place, and purpose. At Vanna Health, we are building care that helps people not only stabilize, but truly flourish. We believe healing happens through connection, dignity, and belonging, supported by technology that strengthens rather than fragments human care.
“This investment will allow us to deepen our impact, expand our reach, and continue building communities where people with serious mental illness can live fuller, healthier, and more purposeful lives,” added Dr. Liz Kwo.
Digital health companies, including value-based care providers, have secured more than $180 billion in funding to date, according to our recent Funding Database.
More recently, Ilant Health, an AI-powered value-based obesity treatment startup working with employers and health plans to deliver clinical outcomes and reduce the total cost of care, raised $15 million in Series A funding, bringing its total funding to over $22 million to date.
In another deal, The Path, an AI-powered mental wellness therapy app, raised $14.3 million in Seed funding led by Prime Movers Lab with participation from Apolo Anton Ohno, Deontay Wilder, Designer Fund, and others.