Pearl Health Raises $110 Million to Expand AI Platform for Medicare Providers

Jul 9, 2026
Pearl Health has raised $110 million to expand its AI platform that helps healthcare providers manage risk and improve care for Medicare patients. The raise includes equity financing led by Andreessen Horowitz and a credit facility from Trinity Capital.

Pearl Health has raised $110 million to expand its AI platform for Medicare providers, announced in a press release. The financing includes $50 million in equity led by Andreessen Horowitz (a16z) with participation from Viking Global Investors, AlleyCorp, and Ulysses Capital, along with a $60 million credit facility from Trinity Capital Inc..

The company plans to use the new funding to expand its AI platform, which helps providers manage and predict risk, orchestrate workflows, and automate administrative tasks. Its system delivers insights on total cost of care, quality, and utilization trends to support earlier interventions and improved patient outcomes.

Pearl Health currently supports more than 10,000 providers across over 40 states, managing roughly $3.6 billion in annualized medical spending for 250,000 Medicare beneficiaries. The company achieved profitability in 2025 and projects $500 million in gross savings with plans to triple its patient base by the end of 2026.

The expansion also includes new capabilities such as Care Orchestration AI agents, which aim to automate processes like wellness visit scheduling and follow-up outreach, allowing clinicians to focus more time on patient care.

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