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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.
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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
Ranked
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
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Layer Health's founders and board of directors

Founder? Claim Profile
The 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:

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:
Employee count trend for Layer Health
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nuance
Nuance
1992, London (United Kingdom), Acquired
Conversational AI solutions for enterprises
$15.6M
70/100
2nd
Logo for Ambience
Ambience
2020, San Francisco (United States), Series C
Provider of AI-based medical scribe software for providers
$313M
70/100
3rd
Logo for Eleos Health
Eleos Health
2019, Boston (United States), Series C
AI-based behavioral health diagnosis and management system for providers
$126M
68/100
4th
Logo for Lifen
Lifen
2015, Paris (France), Series C
Online platform facilitating digital exchange of medical documents
$89.9M
67/100
5th
Logo for Suki
Suki
2017, Redwood City (United States), Series D
Developer of an AI assistant for clinical documentation and reasoning
$168M
65/100
6th
Logo for Iodine Software
Iodine Software
2010, Austin (United States), Acquired
AI-based clinical documentation integrity solution and mid cycle revenue management
-
60/100
7th
Logo for Pieces Tech
Pieces Tech
2015, Irving (United States), Series B
AI clinical documentation assistant empowering clinicians to focus on patient care
$88.2M
56/100
8th
Logo for Wise Docs Tech
Wise Docs Tech
2019, Toronto (Canada), Series A
AI and cloud-based clinical documentation solutions for healthcare professionals
$16.2M
56/100
9th
Logo for Regard
Regard
2016, Los Angeles (United States), Series B
Provider of AI-based platform to analyze EHR and provide insights
$76.3M
56/100
10th
Logo for IMO
IMO
1994, Rosemont (United States), Acquired
Cloud-based workflow management solutions for healthcare professionals
$2.48M
55/100
13th
Logo for Layer Health
Layer Health
2011, Cambridge (United States), Series A
AI-powered clinical documentation management software for hospitals
$33.5M
49/100
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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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