/Companies

Qualified Health

San Carlos, US · Founded 2023 · Delaware corporation · 160 employees on LinkedIn · 14 known investors

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Qualified Health AI provides AI infrastructure and governance solutions for health systems to deploy generative AI safely and deliver measurable value across clinical, operational, and financial workflows. The platform is built by healthcare and AI leaders to enable enterprise-wide AI adoption with proper oversight and clinical alignment.

Also known as Qualified Health AI

Founders & leadership

Qualified Health was founded in 2023 by Justin Norden, Kedar Mate, Justin Norden, MD, MBA, MPhil, and Dr. Kedar Mate.

JNJustin Norden
Justin NordenFounderJustin Norden is a physician and co-founder and CEO of Qualified Health, which builds AI infrastructure and governance tools for health systems, and an adjunct professor at Stanford Medicine's Department of Biomedical Informatics Research, where he teaches a course on generative AI and medicine. He previously co-founded and led Trustworthy AI (acquired by Waymo), was a partner at GSR Ventures focused on AI in healthcare, worked on Apple's healthcare team, and holds an MD and MBA from Stanford, an MPhil in computational biology from Cambridge, and a BA in computer science from Carleton College.
KMKedar Mate
Kedar MateCo-Founder and Chief Medical Officer at Qualified Health | Faculty at Weill Cornell MedicineKedar Mate is co-founder and Chief Medical Officer of Qualified Health, which provides AI infrastructure and governance for health systems; he previously served as President and CEO of the Institute for Healthcare Improvement and has held roles at Partners In Health, Brigham and Women's Hospital, and the World Health Organization. He is a Professor of Medicine at Weill Cornell Medicine and a Senior Scholar at Stanford's Clinical Excellence Research Center, holds a BA in History from Brown and an MD from Harvard, and received an honorary Doctor of Science from Georgetown.
JNJustin Norden, MD, MBA, MPhil
DKDr. Kedar Mate
Dr. Kedar MateFounder & CMO
SPShantanu Phatakwala
Shantanu PhatakwalaCo-Founder | Chief Commercial Officer at Qualified HealthShantanu Phatakwala trained in machine learning at Stanford with degrees in industrial engineering, and previously served as Chief Data Science Officer at Haven (backed by Amazon, Berkshire Hathaway, and JP Morgan Chase). He led data science and innovation teams at Evolent Health, a value-based care company, and earlier managed data analytics at Resolution Health, which was acquired by Elevance Health.
BNBeau Norgeot
Beau NorgeotCo-Founder | Chief AI Officer at Qualified HealthPreviously, he served as Staff VP of AI at Elevance Health, where he unified multiple data sources for AI systems and scaled their deployment nationwide, and as Chief Data Officer at Lucid Lane, where he developed generative AI applications for behavioral health. He holds a PhD from UCSF under Atul Butte, focusing on AI in personalized medicine.
NS
Nirav ShahFounder

Board

SCSooah Cho
Sooah ChoBoard directorFormer Underscore Principal at Underscore VC
MMMohamad Makhzoumi
Mohamad MakhzoumiBoard directorCo-CEO at New Enterprise Associates (NEA)

Investors · 14

Also in the syndicate · 2

Intermountain VenturesMenlo Ventures' Anthology Fund

Funding

SEC filings, press & company announcements

$260M disclosed across 3 of 5 rounds · 2024–2026

▶$10MraisedJul 2026 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Justin NordenExecutive Officer, Director
  • Sooah ChoDirector
  • Mohamad MakhzoumiDirector
Offering amount
$25M
Amount sold
$10M
First sale
Jul 2026
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Company profile

researched Aug 2026

Qualified Health is a public benefit corporation that supplies health systems with a single enterprise AI platform intended to replace fragmented, department-level AI tooling. The platform combines one data integration into core clinical, operational and financial systems (EHRs, data warehouses, claims and operational sources) with a library of pre-validated AI solutions, no-code assistant and workflow builder tools, workforce training, and a governance layer spanning audit trails, HIPAA-aligned data protections, role-based access controls, human-in-the-loop guardrails, post-deployment monitoring and leadership dashboards.

The company positions itself as an operating layer rather than a point solution: health systems integrate once, deploy out-of-the-box workflows, extend them with custom agents, and track financial and clinical outcomes, model drift and adoption continuously. Work spans clinical, administrative and revenue-related workflows, and the company also provides strategy and change-management support to health system leadership alongside the software.

Founding story

Co-founder Justin Norden, a computer scientist and Stanford-trained physician who had previously sold Trustworthy AI to Waymo, formed the idea at the 2023 HIMSS conference after hearing health system technology leaders say that an influx of third-party AI tools had left them without control over their technology roadmap and that they wanted to build solutions with a partner instead. The founders concluded in early 2023 that health systems wanted a platform-first approach with safety, governance and evaluation at the core.

Business model

Qualified Health sells its platform to health systems as an embedded, long-term partner, consolidating multiple AI vendors and use cases onto one governed platform covering deployment, agent building, governance, monitoring, workforce education and outcome measurement.

Enterprise platform engagements with health systems, positioned around measurable ROI such as run-rate financial impact from deployed workflows.

Traction

Partners include Mercy, Emory Healthcare, University of Rochester Medicine, Jefferson Health and all eight health institutions of the University of Texas System (UT Medical Branch, UT Health San Antonio, MD Anderson Cancer Center, UT Health Houston, UT Southwestern Medical Center, UT Health Tyler, UT Rio Grande Valley and Dell Medical School at UT Austin). At UT Medical Branch, the company established a secure data foundation across EHR and non-EHR sources and generated more than $15 million in measurable run-rate impact within six months. The company's site cites more than 500,000 users on the platform, 15,000 users live at an academic medical center in under a month, 400+ hours saved weekly at a regional academic health network, and $37 million in run-rate value identified in 10 days at a regional clinically integrated network.

Latest developments

On March 25, 2026 the company announced a $125 million Series B led by NEA, with NEA co-CEO Mohamad Makhzoumi joining the board; proceeds are earmarked for product development and engineering, deeper work with existing health system partners, and expansion across the U.S. hospital market.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Competes in a crowded health AI market by targeting enterprise-wide deployment for large, complex health systems; reported to support around 400,000 users representing roughly 5% of U.S. hospital revenue, and named a Fierce 15 of 2026 honoree.

Platform-first rather than point-solution approach, with governance, auditability, source attribution, clinician oversight and post-deployment monitoring built into a single operating layer, and a founding team drawn from health system leadership, clinical quality improvement and enterprise AI roles.

Technology

A healthcare-native AI platform built on a single secure integration to core systems, offering deployable AI solutions, no-code agent and workflow builders, and embedded governance (audit logging of every prompt, action and output, encryption and access controls, risk-based human-in-the-loop guardrails, drift and reliability monitoring, and executive dashboards). The platform works with frontier models, including Anthropic's Claude in deployments with the University of Texas System.

Go-to-market

Direct enterprise sales and deep co-development partnerships with health systems, in which Qualified Health defines an AI adoption strategy with leadership, delivers early high-priority use cases, and expands enterprise-wide; publicized customer results and partner testimonials support the motion.

U.S. health systems and academic medical centers, including their clinical, operational, financial and administrative functions; buyers include chief AI, digital, information, medical information and applications officers.

Geography

United States; corporate addresses reported as Palo Alto, California, with health system partners across Texas, Georgia, New York, Pennsylvania and the Midwest.

History

Founded in 2023, Qualified Health raised a $5 million seed round in April 2024 and a $25 million Series A in August 2024 that was announced as a $30 million round in January 2025. In March 2026 it announced a $125 million Series B led by New Enterprise Associates, bringing total funding to $155 million, with executives citing a valuation between $500 million and $1 billion.

Risks & controversies

Operates in a crowded health AI market and serves highly regulated environments where HIPAA compliance, clinical safety and governance failures carry significant financial and clinical exposure.

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

Key figures

latest reported
HeadcountAug 2026160
Hours saved weekly at a regional academic health networkJan 2026400 hours per week
Run-rate impact generated at UT Medical Branch in first six monthsMar 2026$15M
Run-rate value identified at a regional clinically integrated network in 10 daysJan 2026$37M
Share of U.S. hospital revenue represented by customersMar 20265%
Total funding raised to dateMar 2026$155M
Users live on platform in under one month at an academic medical centerJan 202615,000 users
Users on platform (company site)Jan 2026500,000 users
Users supportedMar 2026400,000 users
Valuation range (per executives)Mar 2026Between $500 million and $1 billion

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

Founder mafia

3 people who came through Qualified Health went on to found or lead other companies.

Related companies · 5

Companies working in the same space as Qualified Health.

Timeline · 6

launches, deals, and filings
Mar 2026
Qualified Health raises $125M Series B led by NEA

Qualified Health announced a $125 million Series B financing led by New Enterprise Associates, with new investors Transformation Capital, GreatPoint Ventures, Cathay Innovation and Menlo Ventures' Anthology Fund (created with Anthropic), plus existing investors SignalFire, Frist Cressey Ventures, Flare Capital Partners, Healthier Capital, Town Hall Ventures and Intermountain Ventures. Proceeds are directed to product development and engineering.

$125M source ↗

Mar 2026
NEA Co-CEO Mohamad Makhzoumi joins board of directors

In conjunction with the Series B financing, Mohamad Makhzoumi, Co-CEO of New Enterprise Associates, joined Qualified Health's Board of Directors.

source ↗

Mar 2026
Health system deployments with Mercy, Emory Healthcare, Jefferson Health and University of Rochester Medicine

Mercy, Emory Healthcare, University of Rochester Medicine and Jefferson Health are partnering with Qualified Health to redesign clinical and operational workflows across the enterprise.

source ↗

Mar 2026
Partnership with all eight University of Texas System health institutions

Qualified Health is working with all eight health institutions of the University of Texas System, including UT Medical Branch, UT Health San Antonio, MD Anderson Cancer Center, UT Health Houston, UT Southwestern Medical Center, UT Health Tyler, UT Rio Grande Valley and Dell Medical School at UT Austin.

source ↗

Jan 2026
Named a Fierce 15 of 2026 honoree

source ↗

Jan 2025
Series A announced publicly as a $30M round

The company's August 2024 $25 million Series A was announced in January 2025 as a $30 million round.

$30M source ↗

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

Legal entities · 1

corporate structure
Qualified HealthDelaware

In the news

▸Research sources · 8

primary sources listed

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

Frequently asked questions

What does Qualified Health do?
Qualified Health provides a healthcare-native enterprise AI platform that lets health systems deploy and govern AI at scale.
Who founded Qualified Health?
Qualified Health was founded by Justin Norden, Kedar Mate, Justin Norden, MD, MBA, MPhil, Dr. Kedar Mate in 2023.
Who are Qualified Health's investors?
Qualified Health's investors include Healthier Capital, Cathay Innovation, Flare Capital Partners, Frist Cressey Ventures, GreatPoint Ventures, Menlo Ventures, New Enterprise Associates (NEA), PID Fund I, a series of DV Collective, LP and 4 more.
How much funding has Qualified Health raised?
Qualified Health has disclosed $260M raised across 3 of its 5 known rounds.
Where is Qualified Health headquartered?
Qualified Health is headquartered in San Carlos, US.