Fundraising Fox

Picnic Health

23 known investors

picnichealth.com β†—

PicnicHealth aggregates medical records from multiple sources and provides patients with centralized access to their health data along with AI-powered tools to understand and manage their medical information and chronic conditions.

Also known as Picnic Health Β· PicnicAI Β· PicnicHealth

AI & Machine LearningDigital HealthHealthtech

Founders & leadership

NLNoga Leviner
Noga Levinerin𝕏Co-founderFounder, PicnicHealth at Amplify Partners

Investors Β· 23

Also in the syndicate Β· 13

Eric EvansGreat OaksJameson ShuJoe GreensteinKenny Van ZantPaul BuchheitRamji SrinivasanRashmi SinhaRishi KackerSam LessinScott MarletteSocial+CapitalStartX Fund

Company profile

researched Aug 2026

PicnicHealth is a San Francisco-based health technology company that gathers a patient's medical records from every point of care, digitizes and encrypts them, and organizes them into a single timeline view accessible to the patient and their doctors. Patients authorize the company to request records on their behalf, and PicnicHealth retrieves data from files, CDs, EMR systems and online portals, combining machine learning with human curation to turn unstructured records into structured data. Users retain lifetime digital access to their records even if an active subscription ends.

On top of the records product, the company operates a research business: patients can consent to contribute de-identified medical histories to observational (non-interventional) studies run with pharmaceutical companies and academic centers. Research services include patient-reported outcome collection, virtual provider assessments, ordering of diagnostics such as labs and imaging, safety and adverse-event reporting support, and principal investigator oversight through a PicnicHealth Virtual Site. In September 2024 the company announced consumer-facing care features built on a virtual clinic, including clinician-generated unified care plans, identification of preventive care gaps such as missed screenings, and asynchronous message-based visits with at-home kits (not available to patients under 18 or in Arkansas, Hawaii, Kansas and West Virginia).

More recently, sources describe a shift toward sponsor-facing evidence products: in March 2026 the company launched ThumbPrint, a "patient-anchored" data product intended to address gaps in tokenization-based real-world evidence by directly consenting identified trial participants, maintaining longitudinal follow-up, and operating either standalone or alongside existing tokenization infrastructure. One aggregator source also references an April 2026 rebrand to "PicnicAI" separating patient tools from sponsor research products.

Founding story

Co-founder Noga Leviner conceived the service after being diagnosed with Crohn's disease and finding that existing record-management tools were built for doctors and hospitals or relied on manual data entry, making it difficult to keep her clinicians informed and coordinate her own care.

Business model

Dual-sided: consumer subscriptions for the digital medical records service and contracts with life sciences companies and research institutions that use consented, de-identified patient data and study services. The patient-facing records product has also been described as free in some contexts.

Revenue comes from user subscriptions for the digital health record service and from collaborations with research institutions and pharmaceutical sponsors using de-identified data. Early pricing was $39.99 per month or $399 per year (2015).

Traction

Reported 25,966 patients onboarded, 1.43 million medical visits processed and 56,861 contributing facilities as of its 2021 review, rising to 31,903 patients across 19 conditions and 2.72 million visits processed in its 2022 review, with 95+ research programs, 15+ published posters and manuscripts and 14 top-30 pharma partnerships. Company materials describe tens of thousands of patients served, most living with chronic disease.

Latest developments

In February 2026 Luna Federici, previously COO for five years, was promoted to president to lead operating strategy as the company deepened its focus on patient-first, AI-enabled non-interventional research. In March 2026 PicnicHealth launched ThumbPrint, a patient-anchored data product addressing tokenization gaps in real-world evidence, with CMO Dan Drozd stating that tokenization is a foundation but is only as powerful as the data it connects to. A job-aggregator source also cites an April 2026 rebrand to PicnicAI.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positioned as a patient-consented alternative or complement to tokenization-based real-world data vendors; sources cite partnerships with 14 of the top 30 pharma companies (2022) and 15 of the 20 largest life sciences companies (2026), while noting competition from Datavant, HealthVerity, IQVIA and Optum.

Focuses on delivering centralized record access to the patient rather than to providers, and owns the direct patient relationship, which allows consented, longitudinal follow-up across care sites and full medical-history capture rather than passive data linkage.

Technology

Machine learning combined with human curation to transform unstructured medical records into structured, research-ready datasets; record retrieval across EMRs, portals, paper and CDs; encryption of stored records; a patient-facing timeline and dashboard with an AI health assistant; narrative text extraction used to improve identification of conditions such as lupus nephritis in real-world data.

Go-to-market

Direct-to-patient acquisition through its consumer records product and disease-specific registries and cohorts, combined with enterprise partnerships with pharmaceutical sponsors; community outreach through patient advocacy organizations (e.g., a webinar with The Chandler Project on achondroplasia and the VISTA study) and conference presentations of research findings.

Individual patients, primarily those with chronic or serious illnesses (initially cancer patients; later cohorts spanning multiple sclerosis, hemophilia A, sickle cell disease, lupus nephritis, LC-FAOD, achondroplasia, Alzheimer's disease and early breast cancer), plus caregivers; on the commercial side, large pharmaceutical and biotech sponsors and academic research centers.

Geography

Headquartered in San Francisco, California (850 Folsom St, Yerba Buena), with a flexible/remote workplace model and regional co-working hubs; research partnerships involve researchers worldwide, and the clinical care features are limited to certain U.S. states.

History

Founded in 2014 by Noga Leviner and Troy Astorino and backed by Y Combinator, the company raised $2 million in seed funding in 2015, a $10 million Series A led by Amplify Partners and a $25 million Series B led by Felicis Ventures announced together in September 2020, and a $60 million Series C led by B Capital Group in June 2022, bringing total funding to roughly $107 million across six rounds. It collaborated with Roche on Alzheimer's research in 2023, announced virtual clinic care features in 2024, promoted COO Luna Federici to president in February 2026, and launched the ThumbPrint data product in March 2026.

Risks & controversies

Commentary in an aggregator source flags competitive and strategic risks: tokenized data linkage being commoditized by Datavant and HealthVerity potentially compressing pricing and margins, a possible 2026 rebrand to PicnicAI confusing buyers, and the risk that sponsors standardize on embedded real-world evidence suites from IQVIA or Optum. One source reports a 7% decline in employees over 12 months, while another reports 2% headcount growth over the same horizon, indicating inconsistent third-party workforce data. Care features are restricted by patient age and state.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Employee count (range)Jan 2026201-500
Employee growth, 12 monthsJan 2026-7%
Facilities provided medical recordsJan 202286,256
Facilities providing medical recordsJan 202156,861
Glassdoor ratingJan 20263.8
Headcount growth, 1 yearJan 20262%
Healthcare providersJan 2021255,101
Medical visits processedJan 20222,719,618
Number of funding roundsJan 2026$6
Partnerships with top 30 pharma companiesJan 202214
Patients onboarded across 19 conditionsJan 202231,903
Patients onboarded to platformJan 202125,966
Published posters and manuscriptsJan 202215+
Research programsJan 202295+
Subscription price, annualApr 2015$399
Subscription price, monthlyApr 2015$39.99

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Founder mafia

2 people who came through Picnic Health went on to found or lead other companies.

Timeline Β· 7

launches, deals, and filings
Mar 2026
Launch of ThumbPrint patient-anchored real-world data product

ThumbPrint is a patient-anchored data product addressing limitations of tokenization-based real-world evidence collection, directly consenting trial participants to capture full medical history. It emphasizes consent-first engagement, longitudinal data continuity to reduce loss-to-follow-up, and privacy through direct patient relationships, and can run standalone or integrate with existing tokenization infrastructure.

source β†—

Feb 2026
Luna Federici promoted to President

PicnicHealth promoted Luna Federici, chief operating officer for the prior five years, to president, with responsibility for operating strategy and management of the business.

source β†—

Sep 2024
Launch of care features: Unified Care Plan and preventive care gap identification

PicnicHealth publicly announced virtual clinic care features, including summarized unified care plans drawn from specialist records, clinician-reviewed identification of preventive care gaps, and no-cost asynchronous message-based visits with at-home test kits. Care features are unavailable to patients under 18 and in AR, HI, KS and WV.

source β†—

Jan 2023
Collaboration with Roche on Alzheimer's disease research

PicnicHealth collaborated with pharmaceutical company Roche to advance research into Alzheimer's disease and related conditions.

source β†—

Jun 2022
PicnicHealth closes $60M Series C led by B Capital Group

The Series C was led by new investor B Capital Group with participation from existing investors Felicis Ventures and Amplify Partners, bringing total raised to more than $100 million. The company also announced plans to build 30 new patient-centered real-world data cohorts and added B Capital Partner Adam Seabrook to its board.

$60M source β†—

Sep 2020
PicnicHealth announces $35M in funding ($25M Series B plus previously unannounced $10M Series A)

The company announced a $25 million Series B led by Felicis Ventures alongside a previously unannounced $10 million Series A led by Amplify Partners, which also joined the Series B.

$35M source β†—

Apr 2015
PicnicHealth raises $2M seed round

Y Combinator-backed PicnicHealth raised $2 million in seed funding to expand its service and hire engineers to build out the platform and improve collection of data from CDs and non-digital sources.

$2M source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Picnic Health do?
PicnicHealth collects and structures patients' medical records and licenses consented real-world datasets to life sciences researchers.
Who founded Picnic Health?
Picnic Health was founded by Noga Leviner.
Who are Picnic Health's investors?
Picnic Health's investors include Amplify Partners, B Capital Group, B4 Capital, Felicis Ventures, Great Oaks Venture Capital, JAZZ Venture Partners, Lux Capital, Wonder Ventures and 2 more.