Prosper Medical Raises $16M in Funding

Prosper Medical, based in San Francisco, is a health technology company that operates an AI-powered concierge primary care platform. The company recently announced it has raised $16 million in a financing round to scale its services and continue development of its core technology.

Investors

The funding round was led by FUSE, with participation from Aurum Partners, Better.vc, Cal Innovation Fund, Fluent, Latitude Capital, Knoll Ventures, and WTI.

Prosper Medical Use of Funds

Prosper Medical plans to use the capital to expand its network of physicians, continue building out its AI-powered care platform, and accelerate growth across new markets.

About Prosper Medical

Founded in 2026 by Ryan McQuaid and James Wantuck, MD, Prosper Medical is dedicated to making personalized and proactive primary care accessible to a broader audience. The company leverages an AI-powered care layer to coordinate patient data, maintain continuity of care, and foster stronger physician-patient relationships.

Funding Details

Company Website: https://prospermedical.com

Company: Prosper Medical
Raised: $16M
Round: Other
Funding Date: July 2026
Lead Investor: FUSE
Additional Investors: Aurum Partners, Better.vc, Cal Innovation Fund, Fluent, Latitude Capital, Knoll Ventures, WTI
Software Category: HealthTech
Source: https://www.businesswire.com/news/home/20260723537845/en/Prosper-Medical-Raises-%2416M-to-Bring-AI-powered-Concierge-Care-to-All