AI startup Baba just landed $40M in Series A funding to overhaul how Medicare and Medicaid patients navigate their care. Led by FirstMark Capital and backed by CVS Health Ventures, the platform connects patients to dedicated care teams — including coordinators and licensed therapists. Already serving 10,000+ patients, Baba is eyeing deeper value-based care arrangements and was selected by CMS for its 10-year ACCESS model.
AI startup Baba just landed $40M in Series A funding to shake up how Medicare and Medicaid patients experience healthcare. Founded in 2025, the platform pairs patients — especially older, rural, and complex-needs individuals — with dedicated care teams that include care coordinators and licensed therapists. The round was led by FirstMark Capital, with backing from CVS Health Ventures, Valtruis, and returning investors General Catalyst, Genius Ventures, and Ground Up Ventures.
Baba is already supporting more than 10,000 patients, with 100,000 families on its waiting list. The company has partnered with national health plans and government agencies, and was selected by CMS for its 10-year ACCESS model — a significant vote of confidence from federal regulators. CEO Connor Sweeney says the fresh capital will fuel deeper payer partnerships and a push toward risk-bearing value-based arrangements.
By the Numbers:
Why it matters: As Medicare enrollment grows and care complexity rises, AI-powered navigation tools like Baba could help close major gaps in coordinated care — especially for underserved populations who often fall through the cracks of a fragmented system.
