Layer Health

Cambridge, United States Founded: 2011 • Age: 15 yrs
AI-powered software for clinical documentation management in hospitals is developed.
Annual revenue - Latest available
Total funding $30.0M 2 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Layer Health

Layer Health is a company based in Cambridge (United States) founded in 2011 by Steven Horng and David Sontag. Layer Health has raised $30.05 million across 2 funding rounds from investors including Define Ventures, Flare Capital Partners and Google Ventures. Layer Health offers products and services including AI Chart Review Platform and Enterprise LLM Platform. Layer Health operates in a competitive market with competitors including Iodine Software, Lifen, Nuance, Intellinetics and Ambience, among others.

  • Headquarter Cambridge, United States
  • Founders Steven Horng, David Sontag
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $30.05 M (USD)

    in 2 rounds

  • Latest Funding Round
    $26.05 M (USD), Series A

    Dec 20, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Layer Health

Layer Health offers a comprehensive portfolio of products and services, including AI Chart Review Platform and Enterprise LLM Platform.

Product name locked
Category locked
Primary

Platform for AI-driven medical chart analysis and clinical question answering

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System for scalable chart review in healthcare applications

People of Layer Health

Headcount 1-10
Employee Profiles 8
Employee Profiles
People
Kristi Esposito
Clinical Specialist - SME For GWTG Stroke And HF
People
David Sontag
Chief Executive Officer
People
Steven Horng
VP Of Clinical Informatics
People
Luke Murray
Co-founder

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Funding Insights of Layer Health

Layer Health has successfully raised a total of $30.05M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $26.05 million completed in December 2024. 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.

Investors in Layer Health

Layer Health has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Define Ventures, Flare Capital Partners and Google Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Define Ventures is focused on early-stage health tech investments.
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Early-stage tech startups are funded by this venture capital firm.
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Corporate backed venture capital fund investing in multiple sectors
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Investor details for Layer Health

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  • Investor domains
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Investments & Acquisitions by Layer Health

Investments
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Investment portfolio details for Layer Health

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Financial Statements - Layer Health

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Detailed financials for Layer Health

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Layer Health Comparisons

Layer Health Primary company
Description
AI-powered software for clinical documentation management in...
Location
Cambridge, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Layer Health

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Competitors of Layer Health

Layer Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Iodine Software, Lifen, Nuance, Intellinetics and Ambience, among others.

Company Name Domain Founded year HQ Location Description
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AI-based clinical documentation integrity and revenue management solutions are provided.
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Medical documents are exchanged digitally through an online platform.
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Conversational AI solutions are provided for enterprise customer experiences.
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Document management and scanning services are provided for multiple sectors.
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AI-based medical scribe software is provided for healthcare providers.
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Detailed competitors of Layer Health

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Latest news on Layer Health

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Complete news archive for Layer Health

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Frequently Asked Questions about Layer Health

Layer Health was founded in 2011 and raised its 1st funding round 12 years after it was founded.

Layer Health is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

David Sontag is the current CEO of Layer Health. They have also founded this company.

Layer Health is a funded company, having raised a total of $30.05M across 2 funding rounds to date.

Layer Health was founded in 2011 in Cambridge, United States, within the healthcare AI sector. Clinical documentation management software is provided to hospitals through its product, Distill, which employs large language models. Features encompass registry submissions, quality measurement, curation of real-world evidence, clinical document improvement, and revenue cycle management. Operations focus on supporting hospital workflows and data handling.

Layer Health's top competitors include Lifen, Iodine Software and Nuance.

Layer Health offers AI Chart Review Platform and Enterprise LLM Platform.

Layer Health has 6 investors. Key investors include Define Ventures, Flare Capital Partners, Google Ventures, MultiCare Capital Partners, and General Catalyst.

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