Keebler Health Raises $16M to Scale AI Platform for Clinical Data and Risk Adjustment

Keebler Health has raised $16 million in Series A funding to expand its AI-powered infrastructure for value-based care. The round was led by Flare Capital Partners, with participation from Sands Capital, Tau Ventures, and existing investors including Freestyle Capital, Underdog Labs, and MBX Capital. CEO and co-founder Isaac Park confirmed the company has now raised $23 million in total.

The company’s platform uses large language models to process unstructured clinical data, addressing gaps in traditional risk adjustment systems where most patient information is not captured in coded fields. By extracting insights from clinical narratives, the system improves accuracy in Hierarchical Condition Category coding and supports decision-making at the point of care.

Keebler Health plans to use the funding to scale its team, expand commercial operations, and extend its AI capabilities into compliance and audit workflows.

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