Fundraising Fox

Ferrum Health

Sunnyvale, US · Founded 2017 · Delaware corporation · 38 employees on LinkedIn · 6 known investors

Ferrum Health develops AI accountability solutions, though the specific products and customer base are not detailed on the company page.

Founders & leadership

Ferrum Health was founded in 2017 by Pelu Tran.

PTPelu Tran
Pelu TraninCEO and CofounderExecutive officer and director of Ferrum Health, which develops AI accountability solutions for healthcare. Tran works in healthcare technology, focusing on supporting physician leaders and health system administrators.

Board

PSPatrick Steele
Patrick SteeleinBoard directorAdvisor at Blumberg Capital
JHJaclyn Hester
Jaclyn Hesterin𝕏Board directorGeneral Partner at Foundry
KK
Kenneth KoBoard director

Investors · 6

Reported raises · per SEC filings

Form D private placements

$15M disclosed across 1 round · 2024

$15MraisedAug 2024 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Patrick SteeleDirector
  • Kenneth KoDirector
  • Jaclyn HesterDirector
  • Pelu TranExecutive Officer, Director
Offering amount
$16M
Amount sold
$15M
First sale
Aug 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 5

by search overlap
Carrum Health, Inc.11 shared keywordsCarrum Health operates a value-based Centers of Excellence network that negotiates directly with high-quality healthcare providers to give employers and their employee populations nationwide access to specialty care. The model aims to reduce employer costs per procedure and eliminate medical bills for patients, with warranties and provider accountability on procedures.
Sensorum8 shared keywordsSensorum provides home-based passive sensor technology and integrated clinical services to detect early signs of health decline in older adults with chronic conditions. The platform enables 24/7 monitoring without wearables or cameras, with nurse-led clinical interventions to prevent hospital admissions.
Carbon Health8 shared keywordsCarbon Health operates a chain of clinics offering urgent care, primary care, and chronic condition management, combining technology with in-person care to provide broader access to health services. It serves patients seeking everyday healthcare across acute, primary, and chronic needs.
Arrive Health7 shared keywordsArrive Health provides technology that surfaces real-time, patient-specific clinical, cost, and coverage data within electronic health record (EHR) and clinical workflows, helping providers and patients understand out-of-pocket treatment costs and make care decisions. It serves healthcare providers, care teams, and patients in the United States, and is now part of Interra Health.
Solum Health6 shared keywordsSolum provides AI-driven software that automates administrative tasks for healthcare practices, including patient intake, insurance verification, prior authorizations, and scheduling. The platform targets outpatient therapy practices and specialty care centers.

Companies competing with Ferrum Health for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Ferrum Health do?
Ferrum Health develops AI accountability solutions, though the specific products and customer base are not detailed on the company page.
Who founded Ferrum Health?
Ferrum Health was founded by Pelu Tran in 2017.
Who are Ferrum Health's investors?
Ferrum Health's investors include Blumberg Capital, Foundry, Headwater Ventures, Informed Ventures Advisors, Llc, Urban Innovation, GSR.
How much funding has Ferrum Health raised?
Ferrum Health has disclosed $15M raised across 1 round.
Where is Ferrum Health headquartered?
Ferrum Health is headquartered in Sunnyvale, US.