OpenAI acquires healthcare startup Torch, deal pegged at $100 million

Torch is a small healthcare technology startup which focusses on unifying fragmented medical data such as lab results, medications, and doctor visit records, into a single, AI-readable system.

ETtech
OpenAI on Monday announced that it has acquired healthtech startup Torch as part of its strategic push into artificial intelligence (AI)-powered healthcare tools.

The deal is valued at about $100 million in equity, according to media reports.

Torch is a small healthcare technology startup that focuses on unifying fragmented medical data such as lab results, medications, and doctor visit records into a single, AI-readable system.



"Bringing this together with ChatGPT Health opens up a new way to understand and manage your health," ChatGPT said in a post on X.

Torch is a relatively new startup with a team that previously worked together at Forward Health, a now-defunct AI-enabled healthcare provider. It was founded in 2024 by Ilya Abyzov and Eugene Huang.

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"The Torch team and I are joining OAI to help build ChatGPT Health into the best AI tool in the world for health and wellness," Abyzov shared in a post online.

Also Read: Anthropic, OpenAI's healthcare push fans the flames of privacy unrest

The startup built an app that aims to act as a “medical memory for AI”, consolidating health information from disparate sources such as wearables, labs, and clinical records into a unified engine.

The Torch team, which is about four people, will join OpenAI to help develop and expand ChatGPT Health, a recently launched feature, which lets users connect and analyse their health records alongside ChatGPT.

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Integrating Torch’s technology is expected to strengthen how ChatGPT Health can interpret and contextualise personal health data.

The acquisition underscores AI companies' growing interest in specialized AI applications in healthcare, moving beyond general-purpose chatbots toward tools. Anthropic announced a similar feature over the weekend.
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