Tech Company Financing Transactions
Basalt Health Funding Round
On 9/24/2026, Basalt Health secured $20 million in Series A financing from New Enterprise Associates, 25m Health and Frist Cressey Venture.
Transaction Overview
Company Name
Announced On
9/24/2026
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand its platform from admissions into discharge and payer workflows, as well as grow its sales, marketing, implementation, and engineering teams.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
817 Broadway, 7th Floor
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Behind every referral is a person waiting for a bed. Basalt builds the AI that reads the paperwork the moment it arrives, so admissions teams can decide faster and care can start sooner. Basalt is what forms when molten rock cools into solid, columned stone. It is the literal foundation whole landscapes are built on. We took the name on purpose. Admissions is the ground floor of care. Every treatment, every recovery, every filled bed begins with a decision made here. We believe that decision deserves to rest on something solid: evidence, pulled straight from the record and kept in plain view.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ben Hackett
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We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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