Athelas

Extensible, Integrated Technology that Simplifies Health Systems

Mountain View, United States · Founded 2016 · $474.0M raised

Employees
51–200
Founded
2016
Business Model
B2B
Total Funding
$474.0M
Last Round
$70.0M Venture RoundMay 2026
Rounds
4

About

At Athelas, powered by Commure, our mission is to simplify healthcare. We have bold ambitions to reimagine the healthcare experience, setting a new standard for how care is delivered and experienced across the industry. Our growing suite of AI solutions spans ambient AI clinical documentation, provider copilots, autonomous coding, revenue cycle management and more — all designed for providers & administrators to focus on what matters most: providing care. Healthcare is a $4.5 trillion industry with more than $500 billion spent annually on administrative costs, and Athelas is at the heart of transforming it. We power over 500,000 clinicians across hundreds of care sites nationwide – more than $10 billion flows through our systems and we support over 100 million patient interactions. With new product launches on the horizon, expansion into additional care segments, and a bold vision to tackle healthcare's most pressing challenges, our ambition is to move from upstart innovator to the industry standard over the next few years. Healthcare's moment for AI-powered transformation is here, and we're building the technology to power it. Come join us in shaping the future of healthcare.

Summary

Athelas is a Biotech company based in Mountain View, United States, founded in 2016. It has raised $474.0M in total across 4 rounds, most recently a $70.0M Venture Round round in May 2026. Investors include General Catalyst, Sequoia Capital and Morgan Stanley.

Tech & App Stack

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Funding History

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Venture RoundFunding RoundMay 2026
$70.0M

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Series B through Venture Round — per-round amounts, valuations, and who invested in each round.

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