A San Francisco AI healthcare startup is expanding its operations after securing $120 million in June. Assort Health has moved into three floors at One Market Plaza and plans to grow its workforce to about 300 employees by the end of 2026, adding capacity as its healthcare AI platform expands.
Key Takeaways
- Assort Health raised $120 million in a Series C financing in June 2026.
- The company plans to reach about 300 employees by the end of 2026.
- Assort Health has moved into three floors at One Market Plaza in San Francisco.
- Its AI platform handles healthcare patient-access tasks including scheduling, intake and referrals.
- The company has expanded its platform beyond appointment scheduling to additional administrative healthcare functions.
Assort Health Raises $120 Million in New Funding
Assort Health secured a $120 million Series C in June, giving the San Francisco company additional capital as it expands its healthcare AI business. Menlo Ventures led the financing at a valuation of $1.2 billion. The round brought Assort Health’s total disclosed funding to more than $222 million.
The financing included participation from Lightspeed Venture Partners, Felicis, First Round Capital, Chemistry, Joe Montana, Tau Ventures and Quiet Capital. Menlo Ventures partner JP Sanday joined Assort Health’s board, while partner Matt Murphy became a board observer.
The company was founded by Jeffery Liu and Jon Wang, who serve as co-CEOs. Assort Health is based in San Francisco, where its latest expansion includes a new headquarters presence at One Market Plaza.
The company’s June financing followed several earlier funding rounds as it developed an AI platform for healthcare providers. The latest round is being used as the company expands its workforce and operations.
San Francisco has also seen other AI startups announce new financing and expansion plans. For example, SciFin’s $44 million funding round was announced as the Bay Area company emerged from stealth earlier in September.
San Francisco AI Healthcare Startup Expands Its Operations
Assort Health has moved into three floors at One Market Plaza in San Francisco, according to the company’s latest local expansion report. The company could expand its footprint at the building as its workforce grows.
The office move accompanies a planned increase in headcount. Assort Health expects to have about 300 employees by the end of 2026, creating a substantially larger workforce than the company had earlier in its development.
The company has also established an office in New York as part of its expansion, extending its operations beyond its San Francisco headquarters. The move gives Assort Health an additional location as it recruits employees and works with healthcare organizations.
The workforce expansion includes roles supporting the company’s technology, operations and customer deployments. Public job listings from the company show hiring across engineering, infrastructure, security and business operations as Assort Health increases its staffing.
The expansion comes as other San Francisco AI companies also increase their local presence. Exa’s new San Francisco headquarters gives another example of an AI company expanding its physical footprint in the city.
Healthcare AI Platform Covers Patient Access
Assort Health develops AI agents designed to handle administrative interactions between healthcare organizations and patients. Its platform initially focused on voice-based appointment scheduling before expanding into additional patient-access functions.
The company’s platform now includes tools for scheduling, intake forms, referrals, document processing, medication refills, insurance eligibility, lab requests and payments. These functions are designed for healthcare provider organizations and health systems rather than general consumer use.
Assort Health’s June financing announcement said its platform had processed more than 190 million patient interactions and included 62,000 care protocols and 1.6 million decision pathways. The company said its proprietary AI model, Synapse, is used to handle specialty-specific healthcare workflows.
The platform also includes separate AI agents for different parts of the patient journey. Concierge handles inbound calls and tasks such as scheduling, intake, eligibility and medication refills. Activate contacts patients proactively, while Orchestrate handles operational work connected with visits and writes information back to electronic health records.
The company said its systems integrate with electronic health record and practice-management platforms, including Epic and athenahealth. Those integrations allow provider organizations to use the AI tools within existing administrative and clinical workflows.
The healthcare focus distinguishes Assort Health from other San Francisco AI startups working in areas such as infrastructure and enterprise software. Together AI’s IBM infrastructure deal, for example, centers on AI computing infrastructure rather than healthcare administration.
Workforce Growth Targets About 300 Employees
Assort Health’s planned expansion to about 300 employees by the end of 2026 represents one of the clearest operational changes following its $120 million financing. The company is adding personnel while occupying additional office space in San Francisco.
Public hiring information shows openings in several technical and operational areas. Recent positions have included software engineering, infrastructure engineering, security engineering, AI operations and business operations roles in San Francisco.
The hiring activity corresponds with the company’s expansion beyond a single healthcare workflow. Assort Health has added functions covering referrals, patient outreach, intake, eligibility and other administrative tasks, increasing the number of areas supported by its platform.
The company also added senior executives during 2026. Its public announcements list new leadership appointments following the Series C financing, including executives responsible for revenue, customer success and people operations.
Assort Health’s San Francisco office expansion therefore accompanies both workforce growth and an increase in the range of healthcare processes handled by its software.
New Funding Supports the Company’s Expansion
The $120 million Series C gives Assort Health capital to continue expanding its AI platform and operations. The company said the financing would support efforts to scale its patient-journey platform across healthcare organizations.
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The company’s platform has expanded from appointment scheduling into a broader set of administrative functions. That expansion includes patient intake, referral management, document processing, medication refills, insurance eligibility and payments.
Assort Health reported that its revenue had grown 20-fold over the 15 months preceding the June financing. The company also said its platform had expanded to more than 190 million patient interactions, providing the operational data used to develop its healthcare-specific AI systems.
The company has continued adding products after the funding round. In August, Assort Health introduced an AI agent for referrals that processes referral information, applies specialty-specific criteria and identifies missing information.
In August, the company also appointed Dr. Sunny Eappen as its first chief medical officer. Eappen previously served as president and CEO of the University of Vermont Health Network and as chief medical officer of Brigham and Women’s Hospital.
Assort Health’s expansion now includes a larger San Francisco headquarters presence, a New York office, a planned workforce of about 300 employees and a healthcare AI platform covering multiple stages of patient access.
Frequently Asked Questions
How much funding did Assort Health raise?
Assort Health raised $120 million in a Series C financing announced in June 2026. Menlo Ventures led the round at a $1.2 billion valuation.
Where is Assort Health headquartered?
Assort Health is headquartered in San Francisco. The company has moved into three floors at One Market Plaza as it expands its local workforce.
How many employees does Assort Health plan to have?
Assort Health plans to expand to about 300 employees by the end of 2026. The company is also hiring for technical and operational positions in San Francisco.
What does Assort Health’s AI platform do?
Assort Health develops AI agents for healthcare patient-access and administrative tasks. Its platform supports functions including appointment scheduling, intake, referrals, eligibility checks, document processing, medication refills and payments.
Who founded Assort Health?
Jeffery Liu and Jon Wang founded Assort Health and serve as the company’s co-CEOs.
