Health-Care Startup K Health Valued at Over $1.4 Billion

K Health raised $132 million in a funding round led by GGV Capital and Valor Equity Partners after the Covid-19 pandemic led to a surge in use for remote health-care apps.

The New York-based firm was valued at $1.4 billion just before securing the new funds, Chief Executive Officer Allon Bloch said in an interview. Kaiser Permanente’s pension fund and LTS Investments also invested.

Allon Bloch

Photographer: Jen Davis

K Health’s app uses artificial intelligence to scour anonymous patient records from databases in Israel and the U.S. to help diagnose diseases. For a fee, users can also connect to K Health’s 200 doctors ...