• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechAI

Exclusive: Andreessen Horowitz just invested in this A.I. health care startup

By
Jonathan Vanian
Jonathan Vanian
Down Arrow Button Icon
By
Jonathan Vanian
Jonathan Vanian
Down Arrow Button Icon
May 11, 2021, 8:00 AM ET

Investors are betting that the health care industry will increasingly adopt artificial intelligence to improve patient care.

Venture capital giant Andreessen Horowitz has led a $10.5 million investment in the startup Memora Health, the two firms announced on Tuesday. Other participating investors include venture fund AlleyCorp, Martin Ventures, Operator Partners, and Thirty Five Ventures, the venture fund of NBA star Kevin Durant and his manager, Rich Kleiman.

Memora Health specializes in machine learning that analyzes health care data so that doctors can better care for patients after their visits and hospital stays, said the startup’s cofounder and CEO, Manav Sevak. 

Memora Health’s software would help doctors send specific messages tailored to mothers who have been recently discharged from the hospital after giving birth, for instance. These messages, often sent via text, could include surveys that screen for postpartum depression or provide information about what to expect from their newborns in the coming weeks.

The idea is that health care providers can proactively send relevant information to patients who may have otherwise searched for information online or relied on word of mouth, Sevak said. Patients must opt in to receive the messages, and the startup’s platform is compliant with federal medical HIPAA rules for patient privacy, he added.  

Memora Health is an example of a growing trend in health care–focused startups using A.I. to help streamline patient care that can often overwhelm time-crunched physicians. The startup Ada, for instance, built a chatbot that people can use to ask about symptoms they are experiencing.   

Andreessen Horowitz partner Dr. Vineeta Agarwala, who joined Memora’s board as part of the latest funding round, explained that Memora is attempting to help patients receive better care from their health care providers. Often, patients leave hospitals feeling disconnected from their physicians.

“I could have had a stroke, and no one knows,” Agarwala said.

She said that Memora Health stood out because it had already attracted some notable customers—Mayo Clinic, the Dana-Farber Cancer Institute, and Banner Health among them—and had developed a product that doctors actually used. Many health care startups create products that use interesting technology, but that don’t actually help physicians do their jobs better. 

Because it relies so much on health care data, or electronic health records, to power its software, Memora Health could compete in the future against health record giants like Epic Systems. But that’s only if those companies build similar analytic software to accompany their database services. 

Agarwala dismissed that concern, however.

“These digital records companies are just no longer the most innovative companies,” she said.

More must-read tech coverage from Fortune:

  • What percentage of unicorns fail?
  • A new cryptocurrency claims to be an eco-friendly Bitcoin alternative. Is chia worth a look?
  • New European regulations require tech companies to prove A.I. is trustworthy
  • Ransomware attackers see a big target in Big Energy
  • This is how the global chip shortage will end

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today.
About the Author
By Jonathan Vanian
LinkedIn iconTwitter icon

Jonathan Vanian is a former Fortune reporter. He covered business technology, cybersecurity, artificial intelligence, data privacy, and other topics.

See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Photo: President Donald Trump during a bill signing event with dairy farmers in the Oval Office on Wednesday January 14, 2026.
InvestingMarkets
Trump triggers retail investors to dump the Magnificent Seven  
By Jim EdwardsJanuary 15, 2026
5 hours ago
The Verizon logo displayed on a smartphone screen on September 30, 2024. (Photo illustration: Justin Sullivan/Getty Images)
NewslettersFortune Tech
Verizon hit with a major U.S. outage
By Andrew NuscaJanuary 15, 2026
5 hours ago
sharma
CommentaryTraining
AI will infiltrate the industrial workforce in 2026—let’s apply it to training the next generation, not replacing them
By Kriti SharmaJanuary 15, 2026
7 hours ago
Young girl uses AI virtual assistant to do schoolwork.Concept of Artificial Intelligence and Futuristic technology
AIEducation
Teachers decry AI as brain-rotting junk food for kids: ‘Students can’t reason. They can’t think. They can’t solve problems’
By Eva RoytburgJanuary 15, 2026
7 hours ago
CommentaryBusiness
Using AI just to reduce costs is a woeful misuse of a transformative technology
By Nigel VazJanuary 15, 2026
9 hours ago
AIResearch
AI ‘godfather’ Yoshua Bengio says he’s found a fix for AI’s biggest risks and become more optimistic by ‘a big margin’ on humanity’s future
By Sharon GoldmanJanuary 15, 2026
12 hours ago

Most Popular

placeholder alt text
Personal Finance
Peter Thiel makes his biggest donation in years to help defeat California’s billionaire wealth tax
By Nick LichtenbergJanuary 14, 2026
23 hours ago
placeholder alt text
AI
'Godfather of AI' says the technology will create massive unemployment and send profits soaring — 'that is the capitalist system'
By Jason MaJanuary 12, 2026
3 days ago
placeholder alt text
AI
Being mean to ChatGPT can boost its accuracy, but scientists warn you may regret it
By Marco Quiroz-GutierrezJanuary 13, 2026
2 days ago
placeholder alt text
Success
Despite his $2.6 billion net worth, MrBeast says he’s having to borrow cash and doesn’t even have enough money in his bank account to buy McDonald’s
By Emma BurleighJanuary 13, 2026
2 days ago
placeholder alt text
Economy
Jamie Dimon warns $38 trillion national debt is going to 'bite': 'You can't just keep borrowing money endlessly'
By Eleanor PringleJanuary 14, 2026
1 day ago
placeholder alt text
Success
Despite a $45 million net worth, Big Bang Theory star still works tough, 16-hour days—he repeats one mantra when overwhelmed
By Orianna Rosa RoyleJanuary 15, 2026
7 hours ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.