Startup Funding Surges Across AI and Healthcare Sectors

Big money is flowing into startups across AI, healthcare, and tech. Several companies announced large funding rounds this June. These investments will fuel growth and innovation.
Assort Health, a healthcare AI company, raised $120 million in Series C funding on June 24, 2026. Menlo Ventures led the round. This boost pushed Assort’s valuation to $1.2 billion. The company’s total funding now tops $222 million. Other investors include Lightspeed Venture Partners, Felicis, First Round Capital, Chemistry, Joe Montana, Tau Ventures, and Quiet Capital. Assort’s co-founders, Jon Wang and Jeffery Liu, lead the company as CEO and Co-CEO.
Assort Health focuses on providing virtual health benefits. Lori Casselman, a company representative, said they want to offer the most comprehensive, specialized care for organizations. She highlighted the many conditions and stages in women’s health. The company aims to simplify benefit coverage, as many women don’t fully understand their health plans or use them properly.
Other Big Funding Wins in AI and Health
Cadence also announced a $100 million Series C round on June 23, 2026. Meanwhile, June Health, a femtech startup based in Toronto, closed $2.4 million CAD in pre-seed financing the same day. June Health supports women’s health with services like mental health, fertility treatments, parenting coaching, weight management, and care for conditions like PCOS and endometriosis. The team has 45 employees and raised funds from Securian Canada, AgeTech Capital, PointClickCare co-founders, and the founder of Financeit.
Baseten, an AI infrastructure startup, raised $1.5 billion on June 19, 2026. Their valuation hit $13 billion. Over the past year, their revenue surged 20-fold. Sands Capital and Wellington Management led the funding, with Blackbird VC making its largest-ever investment in Baseten. Blackbird partner Michael Tolo called it “a signal of conviction.” He also said Baseten’s low-cost AI infrastructure gives it an edge in a fast-changing market. Baseten plans to expand its computing capacity, improve software offerings, and hire more staff with the new funds.
AppsFlyer and Kalshi Join the Unicorn Club
AppsFlyer raised over $1 billion in a Series E round on June 23, 2026. This brought their valuation to $2.7 billion. Founded in 2011 by Oren Kaniel and Reshef Mann, AppsFlyer is based in San Francisco. The company joined the unicorn club in 2020. Their top investors include Moloco, Google, Meta, and Unity.
Kalshi, a financial startup, is preparing for an IPO. It recently crossed $2 billion in annualized revenue. Its valuation stands at $22 billion. This shows strong confidence in the company’s growth and market position.
These funding rounds signal a strong appetite for investments in AI, healthcare, and financial technology. Startups are scaling fast with fresh capital. They focus on expanding products, hiring talent, and enhancing services. The market looks set for more innovation and competition ahead.
Based on
- Assort Health Raises $120 Million Series C Led by Menlo Ventures at $1.2B Valuation — justainews.com
- Cadence Raises $100M Series C Led by Spark Capital to Automate Chronic Care | Region | eagletribune.com — eagletribune.com
- June Health closes $2.4 million for expanded women’s health platform — universal.net
- Baseten Valuation Reaches $13 Billion After $1.5 Billion Funding Round | Enterprise Wired — enterprisewired.com
- AppsFlyer Raises Over $1 Billion at a $2.7 Billion Valuation | Silicon Valley Investclub — siliconvalleyinvestclub.com




