Strive Health
Unicorn Β· $1.8BDenver, US Β· Founded 2018 Β· 625 employees on LinkedIn Β· 8 known investors
Strive Health provides value-based kidney care, working with providers and payors to treat patients with chronic kidney disease. It combines nurse practitioner-led care teams with predictive analytics to improve outcomes and lower the total cost of care.
Also known as Strive
Founders & leadership
Strive Health was founded in 2018 by Chris Riopelle and Will Stokes.











Investors Β· 8
Also in the syndicate Β· 1
Funding
SEC filings, press & company announcements$1.1B disclosed across 2 of 5 rounds Β· 2023β2025
- $550MSeries DSep 2025 Β· 3 sourcesSource β
- $550MraisedSep 2025 Β· 2 sourcesSource β
Source: company announcements and press reports β follow each round's link for the claim.
Valuation Β· disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed β follow each entry's link for the claim.
Company profile
researched Aug 2026Strive Health is a Denver-based provider of value-based kidney care that supports patients across the continuum from chronic kidney disease (CKD) to end-stage kidney disease (ESKD). The company combines high-touch, multidisciplinary care teams with predictive analytics and AI technology to form an integrated care delivery system that operates alongside local nephrologists, health systems and primary care providers. Its two principal offerings are a population health program, staffed by a multi-specialty care team, and Strive Care Partners, a nephrologist-led complete care model.
Patients are assigned a dedicated nurse-practitioner-led care team, branded "Kidney Heroes," which includes case managers, care coordinators, social workers, dietitians and pharmacists and acts as a care extender between nephrologist visits. The clinical model emphasizes early identification, preventative care, slowing disease progression, optimal starts on renal replacement therapy and increased home dialysis adoption. The company has also expanded into managing comorbid high-cost conditions such as congestive heart failure.
Strive's case management and population health programs are accredited by the National Committee for Quality Assurance (NCQA), and its CareMultiplier technology platform is HITRUST certified.
Founding story
Strive was founded in 2018 by Chris Riopelle and co-founder Will Stokes with the stated aim of transforming kidney care; NEA backed the company at its founding.
Business model
Strive contracts with commercial and Medicare Advantage payors, Medicare, health systems, nephrology groups and physicians through flexible value-based payment arrangements, including risk-based programs, rather than serving patients directly on a fee-for-service basis. The company manages nearly $5 billion of annual medical spend on behalf of its partners and states it is profitable on a unit-economic basis.
Revenue derives from value-based and risk-based contracts with payors and providers, in which Strive is compensated in connection with managing the total cost of care for kidney disease populations; the company reports having generated more than $400 million in savings for health plan and provider partners since founding.
Traction
As of 2025 Strive serves over 145,000 people with CKD and ESKD (the company site also cites 150,000+ people served), partners with more than 6,500 providers including about 700 nephrologists, manages nearly $5 billion of annual medical spend, and employs over 700 staff (site lists 800+). It reports more than 1.3 million patient touchpoints and over $400 million in partner savings since founding. Reported clinical results include a 41% reduction in hospitalizations, 34% reduction in readmissions (30% per CEO bio), 20% reduction in total cost of care, 85% increase in optimal starts, 62% increase in home dialysis adoption and 94% patient satisfaction. This compares with 80,000 patients across 30 states, 550 employees and $2.5 billion of managed annual medical spend as of May 2023.
Latest developments
On September 9, 2025 Strive announced a $550 million capital raise consisting of $300 million in Series D equity led by NEA and $250 million in debt financing led by Hercules Capital, valuing the company at $1.8 billion. Proceeds are directed at scaling the care model, strengthening end-to-end partnerships, expanding multi-specialty services including congestive heart failure management, and building AI-driven tools and analytics. The CEO said the company is not focused on an exit at this stage and is on a path to profitability.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
Strive describes itself, and is described in trade press, as a national leader in value-based kidney care. Its 2025 raise brought total funding to $700 million at a $1.8 billion valuation, which the CEO characterized as the strongest capital position in specialty kidney care. Context cited by the company: over 35 million Americans have kidney disease and roughly 90% are unaware of the condition until dialysis or transplant is needed.
Management attributes differentiation to integration into the local physician community β including contractual arrangements with roughly 700 nephrologists and co-location in some markets β combined with a kidney-specific machine learning platform, NCQA-accredited case management and population health programs, and a nurse-practitioner-led multidisciplinary care team that coordinates care rather than replacing specialists.
Technology
Strive's platform, CareMultiplier, is a kidney disease-specific machine learning technology that generates predictive insights and helps clinicians build individualized care plans; it is HITRUST certified. The company began with machine learning and analytics for patient risk stratification and intervention targeting, and as of 2025 is deploying predictive AI, agentic AI, ambient scribes and generative AI/LLM tools across care delivery and administration. Proceeds from the 2025 Series D are earmarked in part for further AI-driven tools and analytics.
Go-to-market
Strive sells through partnerships with payors, health systems, nephrology practices and medical groups, integrating its care teams into local provider communities β in some cases co-locating with nephrologists β and participating in programs such as the CMMI Kidney Care Choices (KCC) model. Growth has come from launching and expanding named partnerships market by market.
Commercial and Medicare Advantage payors, Medicare, health systems, nephrologists and medical groups, and the CKD/ESKD patients they serve. Named partners and customers include Humana, Aetna, Oak Street Health, SSM Health, Mercy Health, Independence Blue Cross, Blue Cross and Blue Shield of North Carolina, and Trinity Health/Loyola Physician Partners.
Geography
Headquartered in Denver, Colorado, with operations across all 50 states. Patient care lines are listed for Kentucky and Indiana (Humana), St. Louis (SSM Health), Philadelphia (Independence Blue Cross), North Carolina, Ohio (Mercy Health), Michigan, New York/New Jersey, Illinois, and Oregon, Washington, Utah and Idaho. In 2023 the company operated in 30 states.
History
Founded in 2018 with NEA as founding capital partner. The company raised a $166 million Series C in May 2023, when it served 80,000 patients in 30 states with 550 employees. In September 2025 it announced a $550 million capital raise ($300 million Series D equity plus $250 million debt) at a $1.8 billion valuation, bringing total funding to $700 million.
Risks & controversies
Reported figures are inconsistent across sources β the company website cites 150,000+ patients served, 800+ employees and a 34% readmission reduction, while the September 2025 press release and press coverage cite 145,000+ patients, over 700 employees and a 30% readmission reduction. Outcome metrics are company-reported and not independently verified in the sources. The company is not yet profitable on a consolidated basis, and it carries $250 million of newly raised debt.
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Founder mafia
2 people who came through Strive Health went on to found or lead other companies.
Competitors Β· 1
by search overlapCompanies competing with Strive Health for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline Β· 11
launches, deals, and filingsNEA led the $300 million Series D equity round, with CVS Health Ventures, CapitalG, Echo Health Ventures, Town Hall Ventures, Redpoint and new institutional investors including funds managed by affiliates of BlackRock. Hercules Capital led $250 million in debt financing. Total funding to date reached $700 million at a $1.8 billion valuation.
$550M source β
Strive expanded its clinical model beyond kidney care into additional high-cost specialties such as congestive heart failure, with Series D proceeds funding further comorbid condition management buildout.
Announced collaboration to provide kidney disease care coordination services for Humana members in Kentucky and Indiana; Strive lists dedicated Humana care team lines for both states.
Case study describes SSM Health and Strive Health partnering to scale kidney care services and manage financial risk; Strive operates an SSM Health Kidney Care line in St. Louis.
Series C led by NEA with new strategic investor CVS Health Ventures and participation from all previous strategic investors: CapitalG (Alphabet), Echo Health Ventures, Town Hall Ventures, Ascension Ventures and Redpoint. Funds allocated to new market expansion, partnership investment and refining the value-based clinical model.
$166M source β
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 8
primary sources listed
- Strive Healthstrivehealth.com Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Strive Health do?
- Value-based kidney care company serving CKD and ESKD patients nationwide on behalf of payors, health systems and nephrologists.
- Who founded Strive Health?
- Strive Health was founded by Chris Riopelle, Will Stokes in 2018.
- Who are Strive Health's investors?
- Strive Health's investors include CapitalG, CVS Health Ventures, Town Hall Ventures, Ascension Ventures, Echo Health Ventures, New Enterprise Associates (NEA), Redpoint Ventures.
- How much funding has Strive Health raised?
- Strive Health has disclosed $1.1B raised across 2 of its 5 known rounds.
- Where is Strive Health headquartered?
- Strive Health is headquartered in Denver, US.





