When was Latent founded?

Latent was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Latent located?

Latent is headquartered in San Francisco, United States.

How many employees does Latent have?

As of Apr 30, 2026, the latest employee count at Latent is 93.

Is Latent a funded company?

Latent is a funded company, having raised a total of $80.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2023.

When was the latest funding round of Latent?

Latent's latest funding was a $***** Series A round on Mar 19, 2026, with participation from 6 investors.

Where does Latent rank among its competitors?

Latent ranks 3rd amongst 342 active competitors, of which 34 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Latent, which secured $80M in Mar, 2026.

Who are the top competitors of Latent?

Latent's top competitors include Heidi, NVoq and Augmedix. Among them, Latent secured the most recent funding round in March, 2026.

Latent - 2026 Company Profile, Team, Funding & Competitors

Latent is a series A company based in San Francisco (United States), founded in 2022 by Sriram Somasundaram and Rishabh Jain. It operates as a Developer of medical language models to automate hospital operations. Latent has raised $80.5M in funding from Spark Capital and Transformation Capital. The company has 342 active competitors, including 34 funded and 13 that have exited. Its top competitors include companies like Heidi, NVoq and Augmedix.

Company Details

Developer of medical language models to automate hospital operations. The company is building medical language models to tackle operational data. The company's flagship product analyzes EHR records and brings the most relevant data.

Key Metrics

Founded Year

2022

Location

San Francisco, United States

Stage

Series A

Total Funding

$80.5M in 2 rounds

Latest Funding Round

Series A, Mar 19, 2026, $*****

Investors

Spark Capital & 5 more

Ranked

3^rd among 342 active competitors

Employee Count

93 as on Apr 30, 2026

Similar Companies

Innovaccer & 2704 more

View Latent's full profile

Latent has raised a total funding of $80.5M over 2 rounds. Its first funding round was on 2023. Its latest funding round was a Series A round on Mar 19, 2026 for $*****. 6 investors participated in its latest round. Latent has 6 institutional investors.

Here is the list of recent funding rounds of Latent:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 19, 2026	4840153	Series A	6576429	2457160	6518624	6837622
2023	5502	Seed	8740	1326	7012	Y Combinator

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View details of Latent's funding rounds and investors

The founders of Latent are Sriram Somasundaram and Rishabh Jain.

Here are the details of Latent's key team members:

Sriram Somasundaram: Founder of Latent.
Contact Info: 1 email address
Rishabh Jain: Founder of Latent.
Contact Info: 1 email address

View details of Latent's Founder profiles and Board Members

Latent's employee count trend

Latent has 93 employees as of Apr 26. Here is Latent's employee count trend over the years:

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Top competitors of Latent include Heidi, NVoq and Augmedix. Here is the list of Top 10 competitors of Latent, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Heidi 2019, Melbourne (Australia), Series B	Developer of an AI assistant designed for clinical documentation support	$96.6M	Blackbird Ventures, Headline & 15 others	65/100
2nd	NVoq 2000, Boulder (United States), Series C	Cloud based Speech Recognition Solutions	$70.4M	-	61/100
3rd	Latent 2022, San Francisco (United States), Series A	Developer of medical language models to automate hospital operations	$80.5M	Spark Capital, Transformation Capital & 4 others	61/100
4th	Augmedix 2012, San Francisco (United States), Acquired	AI-powered medical documentation and clinical support solutions	$118M	DCM Ventures, Redmile Group & 23 others	60/100
5th	Freed 2022, Santa Rosa (United States), Series A	AI-powered medical scribe for clinicians that transcribes patient information	$34M	Sequoia Capital, Scale Venture Partners & 3 others	55/100
6th	Notable Systems 2015, Denver (United States), Series B	Provider of patient health data capturing and accessing solutions	$21.2M	Grotech Ventures, FirstTracks Ventures & 1 others	54/100
7th	Tali AI 2020, Toronto (Canada), Seed	Provider of AI-based chatbot for doctors	-	WELL Ventures, Esplanade Ventures & 4 others	51/100
8th	Clinithink 2009, Alpharetta (United States), Series A	AI solutions unlocking healthcare insights from unstructured data, empowering better decisions	$7.2M	Merck Global Health Innovation Fund, Development Bank of Wales ... & 2 others	50/100
9th	HealthVectors 2011, Bengaluru (India), Seed	Provider of AI driven health reports and analytics engine	$1.53M	Passionate Investment Management, AVC Partners ... & 22 others	48/100
10th	PatientIQ 2016, Chicago (United States), Series B	Research and analytics platform for clinical data and PROs	$26.2M	August Capital, Health Enterprise Partners	46/100