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Conduit Health Nabs $17M Series A Round

2026-03-17
NEW YORK, NY, Conduit Health, a consumer-oriented provider of insurance-covered medical supplies and services for Medicare and Medicaid patients, today announced a $17 million Series A round.
Conduit Health today announced a $17 million Series A to expand its vertically-integrated model that brings clinical care, insurance authorization, and medical supply fulfillment together under one coordinated structure. The round was led by Drive Capital, with participation from prior lead investors XYZ Ventures, Twelve Below, Eniac Ventures, and others, bringing the company's total funding to $22 million.

Conduit Health is a consumer-oriented provider of insurance-covered medical supplies and services for Medicare and Medicaid patients. Conduit integrates clinical evaluation, insurance authorization, and medical supply fulfillment into a single coordinated operating model, assuming responsibility for the administrative complexity that delays access to care.

At the core of Conduit's platform is CareOS, its proprietary AI-powered authorization and reimbursement engine trained on over 50,000 patient interactions. CareOS interprets complex payer rules and streamlines approvals across Medicare, Medicaid, and managed care plans. By combining its agentic infrastructure with live customer support, Conduit is able to deliver a more predictable path from prescription to delivery without compromising on high-quality, human-led patient experiences.
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