Layer Health - About the company
Layer Health is a series A company based in Cambridge (United States), founded in 2011 by David Sontag, Monica Agrawal, Luke Murray and Divya Gopinath. It operates as an AI-powered clinical documentation management software for hospitals. Layer Health has raised $33.5M in funding from investors like General Catalyst, Google Ventures and Define Ventures. The company has 391 active competitors, including 41 funded and 12 that have exited. Its top competitors include companies like Nuance, Ambience and Eleos Health.
Company Details
AI-powered clinical documentation management software for hospitals. The company's product, Distill, is a healthcare AI software that uses large language models (LLMs) with a features includes registry submissions, quality measurement, curation of real-world evidence, clinical document improvement, and revenue cycle management.
- Website
- www.layerhealth.com/
- Email ID
- *****@layerhealth.com
Key Metrics
Founded Year
2011
Location
Cambridge, United States
Stage
Series A
Total Funding
$33.5M in 2 rounds
Latest Funding Round
Investors
Ranked
13th among 391 active competitors
Employee Count
55 as on Jun 30, 2026
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Layer Health's funding and investors
Layer Health has raised a total funding of $33.5M over 2 rounds. Its first funding round was on Nov 14, 2023. Its latest funding round was a Series A round on Dec 20, 2024 for $*****. 3 investors participated in its latest round. Layer Health has 6 institutional investors.
Here is the list of recent funding rounds of Layer Health:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 20, 2024 | 7202955 | Series A | 8607877 | 4204939 | 8713795 | 2784302 |
Nov 14, 2023 | 6110829 | Seed | 6530419 | 4821203 | 5275871 |
View details of Layer Health's funding rounds and investors
Layer Health's founders and board of directors
Founder? Claim ProfileThe founders of Layer Health are David Sontag, Monica Agrawal, Luke Murray and Divya Gopinath. David Sontag is the CEO of Layer Health.
Here are the details of Layer Health's key team members:
- David Sontag: Co-Founder & CEO of Layer Health. Contact Info: 1 email address
- Monica Agrawal: Co-founder & Head of Research of Layer Health. Contact Info: 1 email address
- Luke Murray: Co-founder & Co-Head of Engineering of Layer Health. Contact Info: 1 email address
- Divya Gopinath: Co-founder & Co-Head of Engineering of Layer Health. Contact Info: 1 email address
View details of Layer Health's Founder profiles and Board Members
Layer Health's employee count trend
Layer Health has 55 employees as of Jun 26. Here is Layer Health's employee count trend over the years:
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Layer Health's Competitors and alternates
Top competitors of Layer Health include Nuance, Ambience and Eleos Health. Here is the list of Top 10 competitors of Layer Health, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nuance 1992, London (United Kingdom), Acquired | Conversational AI solutions for enterprises | $15.6M | 70/100 | |
2nd | Ambience 2020, San Francisco (United States), Series C | Provider of AI-based medical scribe software for providers | $313M | 70/100 | |
3rd | Eleos Health 2019, Boston (United States), Series C | AI-based behavioral health diagnosis and management system for providers | $126M | 68/100 | |
4th | Online platform facilitating digital exchange of medical documents | $89.9M | 67/100 | ||
5th | Suki 2017, Redwood City (United States), Series D | Developer of an AI assistant for clinical documentation and reasoning | $168M | 65/100 | |
6th | Iodine Software 2010, Austin (United States), Acquired | AI-based clinical documentation integrity solution and mid cycle revenue management | - | 60/100 | |
7th | Pieces Tech 2015, Irving (United States), Series B | AI clinical documentation assistant empowering clinicians to focus on patient care | $88.2M | 56/100 | |
8th | Wise Docs Tech 2019, Toronto (Canada), Series A | AI and cloud-based clinical documentation solutions for healthcare professionals | $16.2M | 56/100 | |
9th | Regard 2016, Los Angeles (United States), Series B | Provider of AI-based platform to analyze EHR and provide insights | $76.3M | 56/100 | |
10th | IMO 1994, Rosemont (United States), Acquired | Cloud-based workflow management solutions for healthcare professionals | $2.48M | 55/100 | |
13th | Layer Health 2011, Cambridge (United States), Series A | AI-powered clinical documentation management software for hospitals | $33.5M | 49/100 |
Looking for more details on Layer Health's competitors? Click here to see the top ones
Layer Health's Investments and acquisitions
Layer Health has made no investments or acquisitions yet.
Reports related to Layer Health
Here is the latest report on Layer Health's sector:
News related to Layer Health
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Intermountain makes strategic investment in Layer Health to improve chart reviewFierce Healthcare•Jun 17, 2025•Layer Health, Intermountain Healthcare
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Intermountain Invests in Layer Health Data Abstraction PlatformHealthcare Innovation•Jun 17, 2025•Layer Health, Intermountain Ventures
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White Plains Hospital taps Layer Health to automate clinical registry reporting using AIFierce Healthcare•May 20, 2025•Layer Health, White Plains Hospital
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Layer Health Raises $21M in Series A FundingFinSMEs•Mar 28, 2025•Layer Health, Define Ventures, Flare Capital Partners, Google Ventures and 1 other
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Layer Health’s AI Chart Review Driving Clinical Research, RegistriesHealthcare Innovation•Mar 24, 2025•Layer Health
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Layer Health Harnesses AI to Extract Personalized Cancer Insights From Patient Recordsprecisionmedicineonline.com•Mar 20, 2025•Layer Health
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MultiCare VC Arm Invests in AI-Powered Chart Review Platform Layer HealthHIT Consultant•Jan 10, 2025•MultiCare, Layer Health
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