AI-led healthcare startup Reveal HealthTech raises $7.2 million in round led by Leo Capital

Artificial intelligence (AI) healthcare startup Reveal HealthTech has raised $7.2 million in a Series A round led by Leo Capital, with participation from Sanos Capital. The US-headquartered startup focusses on providing cross-functional technology services to healthcare companies with its engineering, clinical, and strategic support.

Reveal was incubated by W Health Ventures in 2023, which supports startups in the US and India that address healthcare needs to improve care delivery, leveraging technology. “AI in healthcare is no longer an experiment at the fringes but is redefining how patients are diagnosed, how treatments are delivered, and how healthcare companies operate,” the startup said in a statement.

The startup will use the funds to scale its flagship products — BioCanvas, which applies multimodal AI to accelerate clinical trial recruitment, and Prism AI, a workflow automation platform.


“We want to make AI the most trusted and accountable partner in healthcare, driving breakthroughs for everyone from Fortune 100 pharma companies and large healthcare delivery systems to emerging innovators in digital health,” Sanchit Mullick, founder of Reveal HealthTech, said.

Leo Capital partner Rajul Garg, who earlier cofounded Pine Labs and GlobalLogic, which was later acquired by Apax Partners, a private equity advisory firm, said, “Reveal made it clear their superpower lies in crafting tailored solutions that demonstrate time-bound, business goodness to clients. We’re very excited to support the team in its next phase of growth,” Garg added.

“Healthcare cannot be solved with one-size-fits-all point solutions. Reveal understands that nuance, which is why we backed them from day one,” said Pankaj Jethwani, managing partner at W Health Ventures.