Reveal Healthtech Raises $7.2 Mn

SUMMARY

Reveal Healthtech has bagged $7.2 Mn in Series A funding round led by Leo Capital

The startup looks to deploy fresh funds in expanding its capabilities and solutions and strengthen its sales network

Reveal Healthtech provides specialised engineering, clinical model, and strategy support to healthcare organisations

AI-driven healthcare platform Reveal Healthtech has raised $7.2 Mn (around INR 63 Cr) in Series A funding round led by Leo Capital with participation from Sanos Capital.

Founded in 2023 by Sanchit Mullick after incubation by W Health Ventures, the startup provides specialised engineering, clinical model, and strategy support to healthcare organisations.

Its flagship offerings include BioCanvas which enables multimodal AI use cases such as speeding up clinical trial recruitment using AI, and Prism AI for rapid development of intelligent agents for workflow automation.

With the fresh capital, Reveal looks to expand its capabilities and solutions, strengthen its sales network, and extend its reach to healthcare and life sciences leaders worldwide.

Reveal Healthtech claims to be an AI-led transformation partner for healthcare and life sciences organisations in the US to tackle their business and clinical challenges.

“We want to make AI the most trusted and accountable partner in healthcare, driving breakthroughs for everyone from Fortune 100 pharma companies and large healthcare delivery systems to emerging innovators in digital health,” said Sanchit Mullick, founder, Reveal HealthTech.

The startup in its statement mentioned that for a $40 Bn US medical device leader, it helped improve patient adherence through AI-driven data integration and creating a re-usable blueprint for other clients.

“We see an incredible opportunity for Reveal to support the rapid AI adoption within the US healthcare industry,” said Pankaj Jethwani, managing partner, at W Health Ventures.

Reveal Healthtech helps healthcare and life-sciences organisations modernise their tech infrastructure, design strategic and user-centered products, leverage analytics, automate workflows, and ensure regulatory compliance.

Its services include product and platform engineering, product strategy and design, digital patient portal, health stack modernisation, automation and analytics, and security and compliances.

The development comes at a time when healthcare platforms have started deploying AI in their operations as it enhances decision-making, improves efficiency, and enables personalised care.

AI Drives Healthtech Innovation

At the clinical level, AI algorithms can analyse huge amounts of data such as medical records, imaging scans, and genetic information to support diagnoses, predict disease progression, and recommend treatment options.

Besides direct clinical applications, AI is transforming operational aspects of healthcare. It automates administrative tasks like billing, claims processing, and appointment scheduling, reducing overhead.

Globally, healthcare spending is rising due to aging populations, chronic disease prevalence, and increasing demand for better patient outcomes. At the same time, there’s growing pressure on healthcare systems to become more efficient, data-driven, and patient-centric. Challenges range from telemedicine and AI-driven diagnostics to digital health records and remote monitoring.

As per Inc42’s Indian Tech Startup Funding Report H1 2025, healthtech secured fourth place in top funding deals. Across 29 deals, the sector bagged $377 Mn in funding during the first half of the year.

However, this was largely due to healthtech unicorn Innovaccer’s $275 Mn fundraise.