Tech Company Financing Transactions

Ortet Funding Round

Thoreau participated in a $500 million funding round for Ortet. This venture round closed on 9/30/2026.

Transaction Overview

Company Name
Announced On
9/30/2026
Transaction Type
Debt
Amount
$500,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The investment will support the development of the company's compute and data infrastructure, the training and deployment of health-focused models, and continued investment in research and talent.

Company Information

Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
Phone
Undisclosed
Email Address
Overview
Ortet is a frontier AI lab for health. We imagine a future where everyone has access to affordable, precise, and better care. A fundamental gap in care today is that the industry and its scientific tools focus on discovering what works at the population level, while it is individual patients we must focus on to deliver the best care. Ortet is creating frontier AI for health from the ground up--compute, data infrastructure, and models to address this fundamental gap, by building and operating at every layer of AI. This gives us the ability and the freedom to keep advancing that intelligence with our partners, as science and the needs of care evolve.
Profile
Ortet LinkedIn Company Profile
Social Media
Ortet Company Twitter Account
Company News
Ortet News
Facebook
Ortet on Facebook
YouTube
Ortet on YouTube

Management Team

Title
Name
Email & Social
Chairman
Jeff Hammerbacher
  Jeff Hammerbacher LinkedIn Profile  Jeff Hammerbacher Twitter Account  Jeff Hammerbacher News  Jeff Hammerbacher on Facebook
Chief Executive Officer
Kyunghyun Cho
  Kyunghyun Cho LinkedIn Profile  Kyunghyun Cho Twitter Account  Kyunghyun Cho News  Kyunghyun Cho on Facebook
Chief Scientific Officer
Elman Mansimov
  Elman Mansimov LinkedIn Profile  Elman Mansimov Twitter Account  Elman Mansimov News  Elman Mansimov on Facebook
Chief Technical Officer
Henri Dwyer
  Henri Dwyer LinkedIn Profile  Henri Dwyer Twitter Account  Henri Dwyer News  Henri Dwyer on Facebook
Co-Founder
Keunwoo Choi
  Keunwoo Choi LinkedIn Profile  Keunwoo Choi Twitter Account  Keunwoo Choi News  Keunwoo Choi on Facebook


 

 

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Prev: 9/30/2026: Relay venture capital transaction
Next: 9/30/2026: Jeeves venture capital transaction

 

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We document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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