Thyme Care
Unicorn · $1BNashville, US · Founded 2020 · Delaware corporation · 573 employees on LinkedIn · 15 known investors
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Thyme Care develops software to enhance care coordination and outcomes for cancer patients. The platform serves oncology practices and healthcare systems managing the cancer patient journey.
Also known as Thyme Care
Founders & leadership
Thyme Care was founded in 2020 by Robin Shah and Bobby Green.


Board
Investors · 15
Also in the syndicate · 4
Reported raises · per SEC filings
Form D private placements$214.3M disclosed across 4 of 5 rounds · 2021–2025
▶$97MraisedSep 2025 · 14 investors · Other Health CareRule 506(b)
- David WhelanDirector
- Bradford DiephuisExecutive Officer
- Robert GreenExecutive Officer, Director
- Brian BelskyDirector
- Michael MarkowiczExecutive Officer
- Vivek GaripalliDirector
- Vineeta AgarwalaDirector
- Elizabeth CanisDirector
- Robin ShahExecutive Officer, Director
- Vijay PatelDirector
- Brenton FargnoliDirector
- Puneet SinghDirector
- Jesse WaldronExecutive Officer
- Offering amount
- $100M
- Amount sold
- $97M
- First sale
- Apr 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$54.5MraisedJul 2024 · 13 investors · Other Health CareRule 506(b)
- Brian BelskyDirector
- Elizabeth CanisDirector
- Brenton FargnoliDirector
- Vineeta AgarwalaDirector
- Robert GreenExecutive Officer, Director
- Robin ShahExecutive Officer, Director
- Puneet SinghDirector
- Vivek GaripalliDirector
- Vijay PatelDirector
- David WhelanDirector
- Offering amount
- $54.5M
- Amount sold
- $54.5M
- First sale
- Jul 2024
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$49MraisedAug 2023 · 13 investors · Other Health CareRule 506(b)
- Elizabeth CanisDirector
- Vineeta AgarwalaDirector
- David WhelanDirector
- Vivek GaripalliDirector
- Brenton FargnoliDirector
- Robin ShahExecutive Officer, Director
- Puneet SinghDirector
- Robert GreenExecutive Officer, Director
- Offering amount
- $60M
- Amount sold
- $49M
- First sale
- Jun 2023
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$13.8MraisedNov 2021 · 10 investors · Other Health CareRule 506(b)
- Vineeta AgarwalaDirector
- Brenton FargnoliDirector
- Robin ShahExecutive Officer, Director
- Puneet SinghDirector
- Vivek GaripalliDirector
- Offering amount
- $18M
- Amount sold
- $13.8M
- Minimum investment
- $1
- First sale
- May 2021
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Company profile
researched Aug 2026Thyme Care is a Nashville-based value-based cancer care enabler that provides navigation and support to people with cancer or a concern for cancer. Members receive 24/7 telephone and virtual access to a care team that includes medical directors, nurse practitioners, oncology nurses, social workers and Care Partners (community health workers). The team helps members understand diagnoses and treatment plans, find in-network oncologists, manage symptoms and side effects between appointments, arrange transportation, apply for financial assistance, and connect to community and quality-of-life services. Thyme Care does not replace a member's existing oncologist or other clinicians; it coordinates with them and supports their care plans.
The company sells to payers, oncology provider groups, health systems and employers, and positions itself as an integrated oncology infrastructure that aligns incentives across the ecosystem. Member programs include Personalized Cancer Care and Quality-of-Life Care, and its technology stack comprises Thyme Care Connect (member-facing experience), Thyme Care Signal (oncology analytics and insights delivered in the EHR) and Thyme Box (the oncology care delivery platform). Thyme Care Oncology Partners provides deep integration with oncologists. Artificial intelligence is used as an orchestration layer to automate documentation, surface real-time insights and next-step guidance, and synthesize patient data to reduce cognitive load on care teams.
As of September 2025 the company stated it had achieved profitability, managed more than $5 billion in oncology spend, extended access to 8 million people nationwide, and worked with more than 1,000 oncologists. Its website reports 10.5 million covered lives under its risk-bearing partners and partnerships with healthcare organizations in all 50 states.
Founding story
Thyme Care was founded in 2020 by Robin Shah and Dr. Bobby Green, who had previously helped build national oncology infrastructure at Flatiron Health and OneOncology. Working in oncology, the founders were repeatedly asked to help friends and family members after a cancer diagnosis and saw the need for trusted, timely guidance, which led them to build a comprehensive cancer navigation service drawing on oncology and digital health expertise.
Business model
Thyme Care contracts with health plans, employers, oncology practices and health systems under value-based arrangements, taking on accountability for cancer care cost and quality. Services are provided at no cost to eligible individuals insured by partner health plans, with no insurance reimbursement required from the member and no effect on the member's medical plan, costs or coverage.
Revenue derives from partnerships with payers, employers, providers and health systems rather than member fees; the company describes value-based contracts that align incentives with partners, and reported reaching profitability as of September 2025.
Traction
Reported metrics include profitability, more than $5B in oncology spend under management, access extended to 8 million people nationwide, 10.5 million covered lives under risk-bearing partners, more than 1,000 oncologists worked with, ~90% of members reporting feeling more supported, 72% ePRO participation, 40% lower likelihood of ER visits and 19% fewer hospital admissions among members completing ePROs, and nearly 2,000 staff hours saved in a year at one Thyme Care Oncology Partner practice.
Latest developments
In September 2025 Thyme Care announced a $97 million Series D from existing investors CVS Health Ventures, Foresite Capital, a16z Bio + Health, Concord Health Partners, Town Hall Ventures, AlleyCorp and Frist Cressey Ventures, joined by new strategic investors Morgan Health, Humana, Texas Oncology and Memorial Hermann Health System. Proceeds are earmarked for expansion across verticals, addressing treatment denials and high drug costs, hiring technology leaders to advance its AI platform and member-facing applications, and adding national and local health plan partnerships. Leadership listed on the company site includes Brad Diephuis, MD as Chief Executive Officer, Bobby Green, MD as Co-Founder, Chief Medical Officer and President, and Robin Shah as Co-Founder and Executive Chairman.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
The company describes itself as a leading value-based cancer care enabler, reporting national scale across Medicare, commercial and employer contracts, a valuation above $1 billion following its Series D, and strategic backing from payers, health systems, oncology providers and employer-focused investors.
Combination of a human care team (oncology nurses, nurse practitioners, social workers and community health workers) with an AI-supported technology layer and direct integration with oncologists; reported ePRO participation of 72% of members, described as nearly double the industry average; palliative care and survivorship services are integrated into the model.
Technology
A purpose-built oncology technology stack: Thyme Care Connect for member engagement, Thyme Care Signal for oncology analytics and insights surfaced within partner EHRs, and Thyme Box as the care delivery platform. Electronic patient-reported outcome (ePRO) surveys are used to trigger earlier interventions, and AI is integrated to automate documentation, synthesize patient data and provide next-step guidance to care teams.
Go-to-market
Distribution runs through partner health plans, employer contracts, oncology practices and health systems, with member enrollment via phone, online sign-up, and referrals from case managers and providers. Members can enroll by phone or check eligibility through the company's website.
Health plans (Medicare, commercial and employer-sponsored), self-insured employers including Fortune 500 companies, oncology provider groups, and hospitals and health systems; end users are individuals with cancer or a concern for cancer who are members of partner health plans.
Geography
United States; headquartered in Nashville, Tennessee, with partner healthcare organizations in all 50 states.
History
Since its 2020 founding the company has built a value-based care infrastructure connecting oncology providers, payer and provider partners, and patients. It raised $95 million in July 2024 and a $97 million Series D announced in September 2025, bringing total capital raised to $275 million and its valuation to more than $1 billion, roughly double the July 2024 level. In 2025 it reported reaching profitability and expanding through new Medicare, commercial and employer contracts.
Compiled by commissioned research from 8 cited public sources — 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 — not independently audited.
Founder mafia
4 people who came through Thyme Care went on to found or lead other companies.
Competitors · 5
by search overlapCompanies competing with Thyme Care for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 3
launches, deals, and filingsThyme Care announced a $97M Series D from CVS Health Ventures, Foresite Capital, a16z Bio + Health, Concord Health Partners, Town Hall Ventures, AlleyCorp and Frist Cressey Ventures, with new strategic investors Morgan Health, Humana, Texas Oncology and Memorial Hermann Health System, bringing total capital raised to $275M and valuation above $1B.
$97M source ↗
Thyme Care stated it achieved profitability, managed more than $5B in oncology spend, and extended access to 8 million people through new Medicare, commercial and employer contracts.
Company raised $95 million in July 2024, per a company spokesperson cited in coverage of the later Series D.
$95M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets | Fortunefortune.com · Jul 2026▸Research sources · 8
primary sources listed
- Thyme Carethymecare.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Thyme Care do?
- Thyme Care is a value-based cancer care navigation company supporting patients through payer, provider and health system partnerships.
- Who founded Thyme Care?
- Thyme Care was founded by Robin Shah, Bobby Green in 2020.
- Who are Thyme Care's investors?
- Thyme Care's investors include AlleyCorp, Andreessen Horowitz, Corewell Health Ventures, CVS Health Ventures, Echo Health Ventures, Foresite Capital, Frist Cressey Ventures, Alley Robotics Ventures and 3 more.
- How much funding has Thyme Care raised?
- Thyme Care has disclosed $214.3M raised across 4 of its 5 known rounds.
- Where is Thyme Care headquartered?
- Thyme Care is headquartered in Nashville, US.















