Funding Tracker/Basalt Health

Series A · Post-Acute / Referrals · United States

Basalt Health raises $20M

Announced September 24, 2026

The round

Basalt Health announced a Series A round of $20M on September 24, 2026, led by NEA. Other participants include Frist Cressey Ventures, 25m Health.

The SignalAI speeding post-acute admissions; Lifepoint median processing time cited dropping from minutes to about a minute.

What Basalt does

AI-assisted referral review for post-acute admissions teams.

Basalt reads incoming post-acute referral packets and checks clinical and payer information against a facility’s admission criteria. It surfaces findings with source references for intake teams to review; a clinician makes the final admission decision. The company announced a $20 million Series A on September 24, 2026, bringing total funding to about $24.5 million.

Full Basalt profile
Amount
$20M
Stage
Series A
Announced
September 24, 2026
Led by
NEA
Other investors
Frist Cressey Ventures, 25m Health
Vertical
Post-Acute / Referrals
Country
United States