About Bend Health
Bend Health is a company based in Madison (United States) founded in 2021 by Monika Roots and Kurt Roots was acquired by Lyra Health in July 2025.. Bend Health has raised $32 million across 1 funding round from investors including Lyra Health, Foxconn Electronics and Johnson Controls.
- Headquarter Madison, United States
- Founders Monika Roots, Kurt Roots
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32 M (USD)
in 1 rounds
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Latest Funding Round
$32 M (USD), Series A
Mar 24, 2023
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Investors
Lyra Health
& 5 more
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Employee Count
Employee Count
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Acquired by
Lyra Health
(Jul 16, 2025)
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Funding Insights of Bend Health
Bend Health has successfully raised a total of $32M through 1 strategic funding round. The most recent funding activity was a Series A round of $32 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $32.0M
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First Round
First Round
(24 Mar 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Bend Health | Valuation | Maveron |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bend Health
Bend Health has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Lyra Health, Foxconn Electronics and Johnson Controls. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in consumer businesses, emphasizing technology and human behavior.
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Founded Year | Domain | Location | |
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Investments in healthcare startups are managed by SteelSky Ventures.
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Founded Year | Domain | Location | |
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Venture capital services are provided to AI-focused startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bend Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bend Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bend Health Comparisons
Competitors of Bend Health
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bend Health
When was Bend Health founded?
Bend Health was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Bend Health located?
Bend Health is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Who is the current CEO of Bend Health?
Kurt Roots is the current CEO of Bend Health. They have also founded this company.
Is Bend Health a funded company?
Bend Health is a funded company, having raised a total of $32M across 1 funding round to date. The company's 1st funding round was a Series A of $32M, raised on Mar 24, 2023.
What does Bend Health do?
Bend Health was founded in 2021 in Madison, United States, by co-founders Monika Roots and Kurt Roots, with Kurt Roots serving as CEO. The company operates as a standalone clinic in the mental health sector, where services focused on mental health care are delivered to patients. Operations are based in the local geography, emphasizing accessible clinical support without affiliation to larger networks.
Who are Bend Health's investors?
Bend Health has 6 investors. Key investors include Lyra Health, Foxconn Electronics, Johnson Controls, Maveron, and SteelSky Ventures.
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