Trek Health raised $11M in Series A funding led by Madrona. The funds will be used to expand operations and development efforts.
May 02, 2025•3 months ago
Amount Raised
$11 Million
Round Type
series a
Investors
Founder CollectiveSnr VenturesAccrete Health PartnersLife X VenturesCorrelation VenturesMadrona
Description
Trek Health, based in San Mateo, CA, is a payment and insurance workflow automation platform for mental health providers. The round of $11M was led by Madrona with participation from several other investors. The company plans to use the funds to enhance its operations and development. Trek Health provides AI-powered solutions to help healthcare organizations with payer contract negotiations.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech