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Cohere Health

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Collaboration platform for patients and physicians

Boston, United StatesFounded 2019Health Tech & Medtech
Valuation $100–500M Latest valuation · 2025
Revenue $100–500M Latest reported FY
Headcount 500–1k Current team size
Total funding $100–500M Disclosed equity funding
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About Cohere Health

Cohere Health, headquartered in Boston, is a digital health company focused on revolutionizing the prior authorization process in healthcare. Prior authorization is a requirement that healthcare providers must obtain approval from a health plan before delivering certain services to patients. This process can often be slow and cumbersome, delaying patient care and increasing administrative burdens.

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Cohere Health serves health plans, healthcare providers, and patients by offering a streamlined, automated platform called Cohere Unify. This platform digitizes all prior authorization requests into a single automated workflow, integrating seamlessly with electronic medical records (EMR) and utilizing optical character recognition (OCR) to handle fax submissions. The platform employs machine learning (ML) and responsible artificial intelligence (AI) to automate decision-making based on health plan policies, speeding up the review process and ensuring completeness of information.

The company operates in the healthcare technology market, specifically focusing on utilization management and prior authorization. Its business model is based on a Platform-as-a-Service (PaaS) offering, where health plans can license the Cohere Unify platform for use by their internal utilization management (UM) staff. This model allows Cohere Health to generate revenue through licensing fees.

Cohere Health's innovative approach has been recognized in the industry, as evidenced by its selection as a winner of the 2021 TripleTree iAwards. The company's platform not only improves patient outcomes by reducing delays in care but also saves time and costs for healthcare providers and health plans.

In summary, Cohere Health is transforming the prior authorization process from a time-consuming task into a strategic asset, benefiting all stakeholders in the healthcare ecosystem.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Boston, United States
Employees
935
Open positions
48
Dealroom signal
87.0/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Hard Tech
Business model
SaaS
Client focus
b2b, b2c
Investment activity
1 company, latest Sep 2025
Capital deployed
Preferred round
ACQUISITION

Latest news

Press, funding announcements and product moves mentioning Cohere Health.

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing May 2025 $90M $360M Deerfield · Flare Capital Partners · Longitude Capital · Polaris Partners
LATE VCOther financing Feb 2024 $50M $200M Define Ventures · Deerfield · Polaris Partners · Flare Capital Partners
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
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Growth signals

Cohere Health website traffic

Latest recorded traffic for Cohere Health is 170K monthly website visits, up 30.8% over the last three months. Cohere Health's team grew 8% over the past year.

Latest monthly visits170K 3-month web change+30.8% 1-year team growth+8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • Define Ventures
  • Flare Capital Partners
  • Polaris Partners
  • Deerfield
  • Longitude Capital

Series B and later1 investor entered at this stage

Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇺🇸 United States94.3%
🇮🇳 India5.1%
🇨🇱 Chile0.1%
🇲🇾 Malaysia0.1%
🇪🇹 Ethiopia0.1%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cohere Health on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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